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) 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.
Mattel has announced a collaboration with VeeFriends to create a unique UNO deck featuring NFT characters by Gary Vaynerchuk. This deck is a first-of-its-kind product merging digital NFTs with physical collectibles. Each deck will include one special non-playable foil card, with varying rarity levels, including the hardest-to-find Gary Bee card. Available for pre-sale at $25 starting December 17, the project aims to bridge physical play and NFT collectibility, reinforcing Mattel's position in the toy and gaming industry.
Mattel has announced the development of the live-action film Christmas Balloon, inspired by a true story. Gabriela Revilla Lugo will write the screenplay. The film narrates the tale of a young girl, Dáyami, from a Mexican border town, whose Christmas wishes reach a grieving couple in Arizona. Mattel collaborated with them to fulfill her wishes, highlighting the company's commitment to community kindness. This project marks the 14th film from Mattel Films and their first based on original intellectual property.
Mattel, Inc. attended a White House meeting to discuss supply chain issues with President Biden and industry leaders. CEO Ynon Kreiz expressed optimism about the company's ability to meet holiday demand, citing ongoing challenges in the supply chain. During the Nasdaq 45th Investor Conference, Kreiz reiterated full-year guidance, predicting a 15% increase in net sales and Adjusted EBITDA between $900-925 million. The global toy industry is expected to grow significantly, with forecasts suggesting revenues may exceed $100 billion in 2023.
Mattel, Inc. (NASDAQ: MAT) announced that its Chairman and CEO, Ynon Kreiz, will engage in a fireside chat at the Nasdaq 45th Investor Conference on November 30, 2021, at 11:30 a.m. ET. The session will be webcasted live and will be accessible via Mattel's Investor Relations website. Following the live event, an archive of the webcast will also be made available. Mattel is renowned for its iconic brands like Barbie, Hot Wheels, and Fisher-Price, and operates internationally, providing a wide range of entertainment products.
Mattel, Inc. (NASDAQ: MAT) announced that Chairman and CEO Ynon Kreiz will participate in a fireside chat at the MKM Partners’ 2021 Virtual Conference on Wednesday, November 17, 2021, at 1:10 p.m. Eastern time. The webcast will be available on Mattel's Investor Relations website, where an archive will be accessible shortly after the live event. Mattel is a leading global toy company known for iconic brands like Barbie, Hot Wheels, and Fisher-Price, creating innovative products and experiences that inspire and entertain children worldwide.
Mattel (NASDAQ: MAT) has achieved a record-breaking seventeen finalist nominations for The Toy Association's 2022 Toy of the Year Awards, dominating the industry for the third consecutive year. Notable nominations include products from popular brands such as Barbie, Fisher-Price, and Hot Wheels. The awards celebrate excellence in the toy industry, with winners announced on February 18, 2022, during a major industry event at Toy Fair New York. This recognition highlights Mattel's strong brand portfolio and commitment to quality toys that inspire joy in children.
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