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 Television Studios has unveiled the official trailer and theme song for Barney's World, a new animated series premiering on October 14 on Max and October 18 on Cartoon Network. The show, a fresh take on the iconic purple dinosaur, will also launch on Cartoonito in EMEA and APAC, Discovery Kids in LATAM, and Treehouse and STACKTV in Canada. The first episode will debut early on Barney's YouTube channel on October 11.
The updated theme song pays homage to the original while featuring new lyrics. Each episode of Barney's World aims to teach children lessons about self-love and friendship. Josh Silverman, Chief Franchise Officer at Mattel, expressed excitement about sharing a modernized Barney with a new generation, emphasizing the show's focus on empowering future generations.
Mattel, Inc. (NASDAQ: MAT) has promoted Roberto Stanichi to Executive Vice President, Hot Wheels & Head of Vehicles and Building Sets. Stanichi, who reports to Lisa McKnight, Executive Vice President and Chief Brand Officer, has been instrumental in growing Mattel's Vehicles category and Hot Wheels, the #1 selling toy globally. Under his leadership, Hot Wheels is on track for its seventh consecutive record year in 2024.
Stanichi's strategic approach has established Hot Wheels as an iconic automotive franchise for both kids and adults through product, content, digital gaming, and live experiences. He has led the Vehicles category to reach over $1.6B in gross billings for Mattel. In his expanded role, Stanichi will also oversee the Thomas and Friends franchise and the Building Sets category, led by MEGA.
Mattel, Inc. (NASDAQ: MAT) has announced the release date for its third quarter 2024 financial results. The company plans to disclose these results on Wednesday, October 23, 2024, at approximately 4:05 p.m. Eastern Time. Following this release, Mattel will host a webcast conference call at 5:00 p.m. Eastern Time.
The webcast and accompanying slides will be accessible through the Events and Presentations section of Mattel's Investor Relations website. Interested parties are advised to log on at least 10 minutes early to register and install any necessary audio software. An archive of the webcast will remain available on the company's website for 12 months after the event. Additionally, financial and statistical information, including data required by Regulation G, will be provided on the Investors section of Mattel's corporate website at the time of the webcast.
Janie and Jack, a children's fashion brand, has partnered with Mattel Inc.'s (NASDAQ: MAT) American Girl to launch a special holiday collection. The collaboration features matching styles for children and dolls, inspired by American Girl's historical characters Samantha, Kirsten, and Addy. The collection includes nine styles for girls, priced from $36.50 to $114.00, available in sizes 2T to 12 years. Matching doll clothing ranges from $12 to $40.
The collection will be available from September 26 on janieandjack.com, americangirl.com, and saksfifthavenue.com, as well as in select retail stores. A -edition dress is exclusively available on saksfifthavenue.com. The collaboration aims to create magical experiences and lasting memories for families during the holiday season.
Mattel's Hot Wheels has collaborated with Aston Martin to create a new die-cast model: the Aston Martin DB4GT 'High-Speed Edition'. This 1:64 scale model reimagines the classic DB4GT as a land speed racer, combining Aston Martin's luxury design with Hot Wheels' performance-driven aesthetics.
The design, a joint effort between Aston Martin designers and Hot Wheels' Design Manager, features modifications inspired by historic land speed racers, including an aggressive front splitter, lowered chopped roof, custom wheels, and elongated body for improved aerodynamics. The model sports a motorsports-inspired livery paying homage to historic land speed racing vehicles.
This collaboration marks another milestone in Hot Wheels' 50-year history of automotive innovation and design. The DB4GT 'High-Speed Edition' will be available at retailers globally starting in October.
Mattel (NASDAQ: MAT) and WildBrain have announced a new 66-minute animated special, 'Polly Pocket: Adventures in Rio', premiering September 16 on Prime Video in the U.S. and U.K. The special, featuring an original song, follows Polly and her friends on an adventure to Rio de Janeiro. This release coincides with Polly Pocket's 35th anniversary, which Mattel is celebrating with a special toy collection and partnerships with brands like Airbnb, Cakeworthy, and Pacsun.
The new toy line includes the Adventure Moped Compact, Momma Monkey & Baby Playset, and Kitty Airways Playset, inspired by Polly's tropical adventures. This launch aligns with Mattel's strategy to leverage its iconic brands across entertainment and consumer products.
Mattel (NASDAQ: MAT) has unveiled a new animated video and updated lyrics for Barney's classic 'I Love You' song, now titled 'I Love You (I Love Me Too)', alongside fresh images from the upcoming series Barney's World. The 52-episode series will debut on Max on October 14, followed by premieres on Cartoon Network, Cartoonito, Discovery Kids, and Treehouse across various regions. The first episode will be available early on Barney's YouTube channel on October 11.
The updated song emphasizes self-love, aiming to instill important messages of self-esteem in young audiences. Mattel Television Studios and Nelvana are co-producing the series, which blends nostalgia with modern storytelling to appeal to both preschoolers and their parents who grew up with the original Barney.
Mattel (NASDAQ: MAT) has appointed Jennifer Kettnich as Vice President of Investor Relations, reporting to CFO Anthony DiSilvestro. Kettnich, formerly VP of Investor Relations at Disney, brings significant experience in investor relations, corporate finance, and equity analysis. Her role involves leading Mattel's investor engagement, communicating the company's value proposition, and articulating its strategy to expand beyond toys into entertainment.
DiSilvestro highlighted Kettnich's expertise as beneficial for Mattel's current strategy to grow its IP-driven toy business and expand its entertainment offering. Kettnich expressed excitement about joining Mattel during its expansion into entertainment verticals and capturing more value for its world-class IP.
American Girl, part of Mattel (NASDAQ: MAT), unveils Summer McKinny as its 2025 Girl of the Year. Summer, a 10-year-old from Columbia, Maryland, is a dog lover and baker who starts her own business. Her story, written by Clare Hutton, aims to inspire young entrepreneurs. The 18-inch doll comes with a product line including pet-themed accessories and baking sets. To support literacy, American Girl is donating over $100,000 worth of books to Save the Children's U.S. education programs. The character launch includes retail experiences, digital content, and a music release. Summer's products are available now at American Girl stores and online.
Mattel (Nasdaq: MAT) has appointed Ken Wee as Executive Vice President and Chief Strategy Officer, reporting directly to CEO Ynon Kreiz. Wee brings extensive experience in strategic planning, M&A, and corporate development from the gaming, technology, and media sectors. His role involves overseeing strategic planning and corporate development, focusing on accelerating growth and profitability.
Previously, Wee served as Chief Strategy Officer at Activision Blizzard, where he played a key role in the company's $69 billion acquisition by Microsoft. He also worked as a partner at McKinsey & Company, leading their Interactive Entertainment Practice. Wee's appointment comes at a important time as Mattel aims to expand its IP-driven toy business and entertainment offerings, potentially unlocking new value for shareholders.
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