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) 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.
Mattel, Inc. (NASDAQ: MAT) will announce its full year and fourth quarter 2020 financial results on February 9, 2021, at 4:05 p.m. EST. A conference call will follow at 5:00 p.m. EST, available via webcast on Mattel's Investor Relations website. A Virtual Analyst Day is also scheduled for February 24, 2021, at 10:00 a.m. EST, offering a strategic business update. The company is well-established with a diverse portfolio of iconic brands and a global presence in 35 locations and over 150 countries.
American Girl, a subsidiary of Mattel (NASDAQ: MAT), launched its 2021 Girl of the Year, Kira Bailey, who promotes environmental awareness through storytelling. Kira, a 10-year-old animal lover in Australia, confronts challenges like wildlife protection and climate change. To support Kira's mission, American Girl partners with WIRES, raising up to $25,000 for wildlife rescue. The Kira collection, featuring an 18-inch doll and themed accessories, is available starting December 31, 2020, aimed at inspiring young girls to engage in conservation efforts.
FAQ
What is the current stock price of Mattel (MAT)?
What is the market cap of Mattel (MAT)?
What does Mattel, Inc. specialize in?
Where is Mattel, Inc. headquartered?
How many countries does Mattel operate in?
What are some of Mattel's most popular brands?
How does Mattel distribute its products?
How many employees does Mattel have?
What type of toys does Mattel offer?
Does Mattel collaborate with other companies?
Where can I find more information about Mattel?
What recent achievements has Mattel accomplished?
