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 (MAT) maintains its position as a global leader in toys and consumer products through continuous innovation and strategic brand management. This page aggregates official press releases, financial disclosures, and market developments directly from Mattel and verified sources.
Investors and industry observers will find timely updates on earnings reports, product launches, licensing agreements, and leadership announcements. The curated selection focuses on material events impacting Mattel's market position and operational strategy within the competitive toy manufacturing sector.
Key areas covered include innovations in educational play solutions, sustainability initiatives, and partnerships with entertainment franchises. Content is organized chronologically for tracking strategic developments while maintaining accessibility for both professional analysts and casual investors.
Bookmark this page for streamlined access to MAT's latest corporate communications and industry analysis. Regular updates ensure stakeholders stay informed about developments affecting one of the world's most recognized toy companies.
Mattel (NASDAQ: MAT) has announced the launch of UNO Elite™ NFL, an officially licensed premium collectible deck expanding UNO's offerings. This new version features licensed NFL players from all 32 teams and special edition UNO foil cards. The first wave includes six fan-favorite players from each team, covering various positions.
The game combines traditional UNO gameplay with NFL excitement, offering three different play modes and over 190 collectible player cards. The starter pack includes 112 regular UNO cards, 56 Player Cards, and four foil cards. Additional Draft packs are available for expanded play and collectability.
UNO Elite NFL features 192 player cards in its first release, with four levels of collectability and over 2,000 variations of player card actions. The game will be updated annually with new player cards and themes. The Starter Pack ($14.99) and Draft Packs ($4.99) are available for pre-order at Walmart from August 7, with in-store availability later this fall.
Mattel (NASDAQ: MAT) and A Parent Media Co. Inc. (APMC) announced a streaming deal to bring popular Mattel Television Studios series to Kidoodle.TV this summer and fall 2024. The deal features beloved franchises like Barbie, Hot Wheels, and Thomas & Friends.
Kidoodle.TV will expand its library of over 850 videos with these new additions. The content will also be available on Kidoodle.TV's FAST channels on platforms like SamsungTV+, Vizio WatchFree+, and VIDAA.
Mattel aims to bring its IP to a global audience through diverse and inclusive series. Brenda Bisner, Chief Content Officer of Kidoodle.TV, emphasized the collaboration's role in engaging fans of all ages. Kidoodle.TV, celebrating its tenth year, offers over 45,000 episodes globally.
Mattel (MAT) reported solid Q2 2024 results, with net sales of $1,080 million, down 1% as reported but comparable in constant currency. The company achieved significant improvements in profitability:
- Gross margin increased 410 basis points to 49.2%
- Operating income improved by $20 million to $83 million
- Net income rose by $30 million to $57 million
- Earnings per share increased from $0.08 to $0.17
Mattel reiterated its 2024 guidance, expecting comparable net sales, adjusted gross margin of 48.5-49%, and adjusted EPS of $1.35-$1.45. The company repurchased $100 million of shares in Q2, bringing the first-half total to $200 million.
Mattel (NASDAQ: MAT) has partnered with AthLife to launch branded experiences at sporting events nationwide. The collaboration kicks off with Barbie-themed games in WNBA and MLB, starting August 20 at the Boston Red Sox vs. Houston Astros MLB Barbie Night Game™. The first WNBA Barbie Night Game follows on August 30 between the Indiana Fever and Chicago Sky.
These events will feature themed giveaways, photo opportunities, branded jerseys, trivia, and other promotions. Mattel plans to expand this initiative to include other brands across various professional and minor league sports. The partnership aims to enhance fan engagement and create unforgettable experiences beyond the toy aisle, aligning with Barbie's 65th anniversary celebration and its mission to empower girls to dream big in sports and other fields.
Mattel (NASDAQ: MAT) has introduced two new Barbie Fashionistas dolls: the first blind Barbie and a Black Barbie with Down syndrome. These additions aim to increase representation and inclusivity in the toy industry. Mattel collaborated with the American Foundation for the Blind and the National Down Syndrome Society to ensure accurate representations.
The blind Barbie features a white and red cane, sunglasses, elbow articulations, and textured fabrics. The Black Barbie with Down syndrome has specific physical characteristics, including a shorter frame and a unique face sculpt. Both dolls are part of Barbie's commitment to reflecting diversity and helping children develop empathy through play.
The new dolls are available online now and will be in stores this Summer, priced at $10.99. Mattel is also collaborating with Aille Design on a Barbie-inspired accessible fashion collection featuring braille beadwork.
Mattel (Nasdaq: MAT) and Outright Games have announced Monster High: Skulltimate Secrets, the first Monster High video game for current-generation consoles. Set to release on October 29, 2024, the game will be available on Nintendo Switch, PlayStation 4, PlayStation 5, Xbox One, Xbox Series X|S, and PC via Steam and Microsoft Store.
The single-player 3D platformer allows players to create their own monster character and join the Boo Crew to uncover mysteries at Monster High. The game builds on the success of the Monster High brand, which ranks #4 in Fashion Doll & Accessories items in the US (YTD 2024). It aims to promote inclusion, creativity, and self-expression, aligning with Monster High's core values of community, acceptance, and belonging.
Mattel (NASDAQ: MAT) has announced its schedule for the release of its second quarter 2024 financial results. The results will be published on Tuesday, July 23, 2024, at approximately 4:05 p.m. Eastern Time. This will be followed by a webcast conference call at 5:00 p.m. Eastern Time to discuss the results in detail. The conference call and accompanying presentation slides can be accessed on Mattel's Investor Relations website.
To participate in the webcast, listeners are encouraged to log on to the website at least 10 minutes in advance to register and install any necessary audio software. The webcast will be archived on the company's website for 12 months after the event, and essential financial and statistical data will be available on the Investors section of the website.
Mattel (NASDAQ: MAT) has announced that by the end of 2024, 80% of its global games portfolio will be colorblind accessible, increasing to 90% in 2025. This initiative includes popular games like UNO, Phase 10, DOS, Blokus, and Tumblin’ Monkeys. This move aims to support the 300 million people worldwide experiencing colorblindness. Mattel has collaborated with experts and individuals with color vision deficiencies to develop solutions using patterns, tactile clues, and symbols. Mobile versions of card games will also feature colorblind identification. This effort is part of Mattel's broader commitment to inclusivity and diversity.
California has declared June 11, 2024, as International Day of Play (IDOP), recognizing Mattel for its commitment to enriching children’s lives through play. This initiative is part of a global movement endorsed by the United Nations, asserting play as a fundamental right for every child. Mattel, honored as an ambassador, introduced its IDOP play kits to legislators, which will be donated to Save the Children. The company will also host a series of events, including co-branded promotions at Target and toy donations amounting to 100,000 items. Over 150,000 toys will be distributed to more than 7,000 children on June 11. Additionally, Mattel will engage its employees in the Play It Forward Global Volunteer Week later in June.
Mattel (NASDAQ: MAT) and Outright Games have announced the upcoming release of 'Matchbox Driving Adventures,' the first all-console and PC game inspired by the Matchbox toy brand. Developed by Casual Brothers, the game will launch on September 20, 2024, on Nintendo Switch, PlayStation 4, PlayStation 5, Xbox One, Xbox Series X|S, and PC. Players can customize and race 12 Matchbox vehicles across six environments and 14 tracks, with options for both Adventure and Competition modes. The game supports up to four players in local multiplayer. This milestone aims to engage a new generation of fans and honor the Matchbox legacy.
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