Welcome to our dedicated page for Mattel news (Ticker: MAT), a resource for investors and traders seeking the latest updates and insights on Mattel stock.
Mattel, Inc. (symbol: MAT) is a leading global toy company that inspires the wonder of childhood and aims to be the recognized leader in play, learning, and development worldwide. Their diverse portfolio includes iconic brands like American Girl®, Barbie®, Fisher-Price®, Hot Wheels®, Monster High®, and Thomas & Friends®. Mattel collaborates with top entertainment and technology companies to create a wide range of products that cater to children and families.
Headquartered in El Segundo, California, Mattel operates in approximately 40 countries and territories and markets its products in more than 150 nations. Their global workforce of around 31,000 employees plays a vital role in maintaining the company's competitive edge.
Mattel markets toy products to both wholesale customers and retail consumers. Their offerings include toys for infants and preschoolers, youth electronics, hand-held and other games, puzzles, educational toys, and plush and fashion-related toys. With a strong manufacturing capability, Mattel produces its toys both internally and through various manufacturing partners.
Financially, Mattel generates over 50% of its net sales from North America, with the rest coming from international markets. The company has recently achieved significant milestones, including strategic partnerships, new product launches, and initiatives focused on sustainability and innovation. These achievements are indicative of Mattel's commitment to growth and its pivotal role in the toy industry.
For more information, visit www.mattel.com.
Mattel, Inc. (NASDAQ: MAT) has shared findings from the second year of a multi-year study with Cardiff University, examining the developmental impacts of doll play on children. The research indicates that playing with dolls enhances children's use of internal state language (ISL), which correlates with increased brain activity in regions linked to social and emotional processing. The study emphasizes the importance of doll play in developing empathy and social skills, especially as parents express concerns over their children’s emotional development post-pandemic.
Mattel has achieved significant accolades in 2021, with its Barbie brand recognized as the top global toy property for the second consecutive year, while Hot Wheels Singles 1/64 Assortment earned the title of the top-selling toy globally. The company ranked as the #1 toy company worldwide in Q4 and held the top position in the U.S. for the 28th consecutive year. Mattel secured 18 top rankings per NPD Group, showcasing its strength in the toy market.
Mattel and Netflix are collaborating to develop a live-action film based on the iconic Masters of the Universe franchise. Production is expected to start in summer 2022, featuring Kyle Allen as He-Man.
The film aims to captivate both veteran fans and new audiences, showcasing a narrative about an orphan who discovers his royal destiny. Mattel Films is optimistic about revitalizing this cultural franchise, which has a rich history dating back to 1982. The project highlights Mattel's commitment to extending its legacy through innovative entertainment.
Mattel, Inc. (NASDAQ: MAT) will host a Virtual Analyst Presentation on February 18, 2022, at 10:00 a.m. EST. This event aims to provide a strategic business update from management. The presentation will be available via webcast on Mattel's Investor Relations website, encouraging viewers to log in early for registration. An archived version will be accessible after the live event. Mattel continues to be a leading global toy company, known for iconic brands like Barbie and Hot Wheels, focusing on innovation and children's development through play.
Mattel, Inc. (NASDAQ: MAT) has secured a multi-year global licensing agreement with Disney for the Princess and Frozen franchises. This agreement allows Mattel to develop a variety of toys, including fashion dolls and figures, launching at retailers worldwide in early 2023. The partnership aims to leverage Mattel's expertise in brand management and product innovation to create captivating merchandise. This agreement expands Mattel's existing collaboration with Disney, which includes properties like Toy Story and Cars.
Mattel, Inc. (NASDAQ: MAT) and Illusion Projects announced the extension of the Barbie®: A Cultural Icon exhibition at The Shops at Crystals on the Las Vegas Strip until April 15, 2022. Originally opened in October 2021, the exhibition has garnered significant attention, now featuring over 250 dolls and 400 artifacts. Highlights include a life-sized hot pink Barbie convertible and various interactive photo opportunities. The exhibit underscores Barbie's role as a cultural icon, inviting guests to share experiences on social media while ensuring compliance with local safety regulations.
Mattel, Inc. (NASDAQ: MAT) plans to release its full-year and fourth-quarter financial results on February 9, 2022, at approximately 4:05 p.m. Eastern Time. Following this, a conference call will be held at 5:00 p.m. Eastern Time, available via webcast on Mattel's Investor Relations website. An archive will be accessible for 90 days post-call, and a telephonic replay will be available until February 16, 2022. For more updates, visit Mattel online.
Mattel has announced a groundbreaking partnership with luxury fashion brand Balmain to celebrate their influence in fashion and culture. This collaboration features a ready-to-wear collection and three exclusive Barbie x Balmain NFTs, which unite digital and physical collecting. The NFTs, styled after Balmain’s designs, will be available through Mattel Creations via an online auction. This marks Barbie's entry into the digital art world, reflecting a modern take on their iconic legacies. The collection will launch on January 13th.
American Girl unveiled its 2022 Girl of the Year, Corinne Tan, a Chinese American character from Aspen, Colorado. Corinne's story promotes themes of family, kindness, and respect while addressing xenophobia. In a first, the collection includes Corinne's little sister, Gwynn, as a companion doll. American Girl is also donating $25,000 to AAPI Youth Rising to support education about Asian American history. Corinne's products and books are available starting December 30, 2021, at various outlets, including American Girl retail stores.
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