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 intends to offer $1.2 billion in Senior Notes, split equally between $600 million due in 2026 and $600 million due in 2029. Proceeds will finance the redemption of $1.225 billion of existing Senior Notes due 2025. The offering is aimed at qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S. The Notes will be guaranteed by all existing and future wholly owned domestic restricted subsidiaries that borrow or guarantee under its credit facilities. This move is expected to optimize Mattel's debt structure and manage future financial liabilities.
Mattel and Nickelodeon have unveiled plans for a new animated series and live-action musical movie based on the Monster High franchise. The series will feature popular characters like Clawdeen Wolf and Draculaura, aiming to engage a new generation of children. Set to premiere in 2022, the project emphasizes inclusivity and modern themes of identity and empowerment. Production is led by experienced teams from both Mattel and Nickelodeon, ensuring a blend of comedy and adventure. This initiative aligns with Nickelodeon's strategy to expand beloved franchises.
Mattel (NASDAQ: MAT) is set to launch two new animated Barbie specials: “Barbie & Chelsea The Lost Birthday” and a musical adventure featuring Barbie and friends in New York City. The first special focuses on Chelsea, Barbie's sister, who embarks on an exciting journey to reclaim her lost birthday. Directed by Cassi Simonds, the 60-minute movie will be available on various platforms like Netflix and Cartoonito. Additionally, new dolls and playsets related to Chelsea will be launched this spring, enhancing the Barbie franchise.
Mattel, Inc. (NASDAQ: MAT) received four Toy of the Year (TOTY) Awards from The Toy Association, recognizing its innovative toy introductions in 2021. The awards included categories such as Action Figure of the Year for the Fisher-Price #ThankYouHeroes Line and Doll of the Year for Barbie Color Reveal. Chief Commercial Officer Steve Totzke emphasized that these honors reflect Mattel's commitment to creativity and childhood empowerment. The TOTY Awards, considered the 'Oscars' of the toy industry, are crucial for fundraising efforts aimed at delivering toys to children in need.
Mattel, Inc. (NASDAQ: MAT) reported strong fourth quarter and full-year 2020 financial results, achieving a 10% increase in net sales in Q4, and 2% growth for the full year, despite pandemic challenges. The operating income for Q4 rose to $192.7 million, and EPS improved to $0.37. The company highlighted the effectiveness of its product offerings and supply chain. Looking ahead, Mattel anticipates continued growth driven by its new 'Optimizing for Growth' program, aiming for $250 million in cost savings by 2023.
Mattel, Inc. (NASDAQ: MAT) announced the development of a live-action film based on its popular game, UNO®. The project will be produced by Mattel Films in collaboration with rapper Lil Yachty and Quality Control's team. Set in Atlanta's hip hop scene, the action-comedy aims to modernize the classic game for a new audience. As UNO celebrates its 50th anniversary, Mattel is also launching new product lines and tournaments to engage fans globally. This film joins other major projects from Mattel Films, which includes adaptations of several iconic brands.
Mattel is set to adapt the globally popular card game UNO® into a live-action film, produced by Mattel Films in collaboration with rapper Lil Yachty and Quality Control's Kevin Lee, Pierre Thomas, and Brian Sher.
The screenplay is penned by Marcy Kelly, and the film promises a comedic action-adventure narrative rooted in Atlanta's hip-hop culture. As UNO marks its 50th anniversary, Mattel plans to unveil an extensive product line and global tournament, further promoting the brand and enhancing its cultural relevance.
Mattel, Inc. (NASDAQ: MAT) announced that its Barbie® brand was named the top global toy property of 2020 by the NPD Group. Additionally, Hot Wheels® Singles 1/64 assortment was recognized as the global top-selling toy. Notably, Mattel was ranked the #1 toy manufacturer in the U.S. for the 27th consecutive year. In 2020, the Barbie Dreamhouse and Fisher-Price led their respective categories. The success reflects Mattel's mission to innovate and engage children through play, honoring cultural relevance and social initiatives.
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