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 (NASDAQ: MAT) announced that CFO Anthony DiSilvestro will participate in a fireside chat at Stifel’s 2024 Cross Sector Insight Conference. The event will take place on Wednesday, June 5, 2024, at 8:00 a.m. Eastern time. The session will be webcast live on Mattel's Investor Relations website. Attendees are advised to log in 15 minutes early for registration and software setup. An archived version of the webcast will be available on the company's website shortly after the event.
Mattel (NASDAQ: MAT) has announced a multi-year strategic partnership with Outright Games, a leading publisher of family-friendly interactive entertainment. This collaboration will see the release of three new games for console and PC by the end of the year: Matchbox™ Driving Adventures, Monster High™: Skulltimate Secrets™, and Barbie Project Friendship™. Mattel aims to deepen its engagement in the digital games sector, leveraging its iconic brands to create compelling experiences. In 2023, Mattel Digital Games reached 48 million monthly active players, driven by successes such as Barbie DreamHouse™ Tycoon and Hot Wheels Unleashed™ 2: Turbocharged. This partnership is part of Mattel's strategy to expand its digital footprint and engage fans of all ages.
Barbie is celebrating its 65th anniversary by honoring nine women athletes with one-of-a-kind role model dolls to inspire young girls to stay in sports. The initiative, featuring athletes like Venus Williams and Christine Sinclair, aims to boost girls' confidence and leadership aspirations.
Barbie has partnered with VOICEINSPORT to provide virtual mentoring sessions and introduced new sports-themed dolls to encourage girls to pursue sports. This initiative also includes exclusive retail collaborations with Walmart, Target, and Amazon, offering special Barbie-themed products and content.
Fisher-Price (NASDAQ: MAT) has introduced a new line of wooden toys named Fisher-Price Wood, designed for children aged 6 months to 5 years. These toys emphasize modern designs and encourage open-ended play. Made from FSC-certified wood, the toys are built to last and can be passed down through generations. The new line includes a range of products such as puzzles, blocks, and role-play sets, aimed at enhancing creativity, fine motor skills, and problem-solving abilities. Fisher-Price Wood is available exclusively at select Walmart stores and Walmart.com, with plans to expand globally later this year.
American Girl, a brand under Mattel, announced the re-release of classic historical characters Kirsten Larson, Addy Walker, and Josefina Montoya with special tribute collections, along with new products for Julie Albright. The collections feature original outfits, accessories, and updated stories, appealing to fans old and new. The brand also introduces new illustrated journals, graphic novel mystery series, and teaching guides, aiming to engage and inspire American Girl fans.
Mattel, Inc. (NASDAQ: MAT) will have its CEO and CFO participate in a fireside chat at J.P. Morgan's 52nd Annual Global Technology, Media and Communications Conference on May 21, 2024. The webcast will be available on Mattel's Investor Relations website.
Mattel, Inc. (NASDAQ: MAT) appoints Karen Ancira as Executive Vice President and Chief People Officer, effective May 15, 2024. Ms. Ancira brings extensive experience from Yum! Brands, focusing on HR programs, organizational development, and DE&I initiatives. Her goal is to enhance the company's culture and develop new People and Culture programs.
Matchbox, in partnership with Mattel, Inc., has launched the new Mercedes-Benz G 580 with EQ Technology die-cast car to commemorate the reveal of the all-new electric G-Class. This premium model uses sustainable materials like recycled metal and ISCC-certified plastic, showcasing Matchbox's commitment to eco-friendly practices. The detailed replica is available in quantities, with a premium version released exclusively online and a Moving Parts Series version hitting retailers later this year.
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