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.
Rhea-AI Summary
Mattel, Inc. (MAT) will host a Virtual Investor Presentation on March 7, 2024, to provide a strategic business update and plans for 2024. The event will be webcast on Mattel's Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.65%
Tags
-
Rhea-AI Summary
Mattel Inc. announces a strategic partnership with Universal Brand Development to create new Jurassic World toys. The collaboration aims to leverage Mattel's expertise in toy manufacturing and Universal's iconic franchise to deliver innovative products to consumers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.47%
Tags
-
Rhea-AI Summary
Mattel, Inc. (NASDAQ: MAT) has appointed Christopher Farrell as the new Executive Vice President and Chief Strategy Officer. Farrell will lead strategic planning and corporate development, aiming to accelerate growth and profitability for the company. He brings extensive experience in strategic planning, M&A, and corporate development, primarily in the consumer and retail sectors. Prior to joining Mattel, he was the Global Head of M&A at Ahold Delhaize, a Dutch multinational food retailer. Farrell's appointment is expected to drive value creation for Mattel's stakeholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.32%
Tags
Rhea-AI Summary
Mattel, Inc. (NASDAQ: MAT) reported a 16% increase in net sales for Q4 2023, with a net income increase of $131 million. Full year 2023 net sales were flat, with a decrease of $114 million in operating income. The company announced 2024 guidance and a $1 billion share repurchase program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.32%
Tags
-
Rhea-AI Summary
Mattel, Inc. (NASDAQ: MAT) announced the appointment of Julius Genachowski and Dawn Ostroff to the Company’s Board of Directors, effective February 5, 2024. The new Directors bring extensive combined experience in media, entertainment, and technology, and expertise in finance, M&A, and government regulation, which will help further Mattel’s strategy to grow its IP-driven toy business and expand its entertainment offering. Mr. Genachowski brings extensive experience in technology, media, and telecom, including internet and digital communications policy, cybersecurity, and privacy. He is a Senior Advisor at Carlyle, a leading global investment firm. Ms. Ostroff brings more than 30 years of experience in media and entertainment, technology, and advertising with a proven track record of growing and transforming companies to meet the expectations of new generations of consumers. Both new Directors expressed their excitement to work with Mattel's leadership and Board of Directors to serve the company and its shareholders at this exciting time for the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.57%
Tags
-
Rhea-AI Summary
American Girl and Disney announce a collaboration to launch a new 18-inch doll collection featuring popular Disney Princess and Disney Frozen franchises. The initial collection includes fan favorites Ariel, Tiana, and Cinderella, with each princess represented by a beautifully crafted doll and an authentically designed signature dress, along with additional outfits and special accessories. The collection is available for purchase at americangirl.com and American Girl retail stores nationwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.57%
Tags
Rhea-AI Summary
Mattel, Inc. (NASDAQ: MAT) announced the return of Barbie, Stacie, and friends in an all-new journey in Barbie and Stacie to the Rescue. The hour-long special, coming to Netflix on March 14, will feature Stacie as the lead character for the first time and includes five new original songs, new friends, and more puppies than ever. The special follows Stacie's adventure as she saves the day for Barbie and Skipper, empowering and entertaining audiences of all ages. The latest installment of Mattel’s animated Barbie content aims to instill messages of friendship, discovery, and kindness.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.27%
Tags
-
Rhea-AI Summary
Mattel, Inc. and Netflix have announced the release of a new animated children's series called Hot Wheels Let's Race, featuring music by Patrick Stump. The show, set to debut on Netflix on March 4, is an action-packed comedy series for kids, inspired by the popular Hot Wheels toys. The series follows a group of young racers attending a racing camp and promises mind-blowing races, extreme stunt contests, and thrill-seeking challenges. Patrick Stump, the lead vocalist for Fall Out Boy, composed, recorded, and produced the theme song for the series, as well as leading the composition of the score, underscore, and music cues for all episodes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.87%
Tags
-
Rhea-AI Summary
Mattel Creations is offering NFL and NFL Players Association officially licensed Super Bowl LVIII collectibles for fans of the San Francisco 49ers and Kansas City Chiefs. The Fisher-Price Little People Collector™ Super Bowl set, the first-ever Barbie® NFL Super Bowl Champion doll, and the Super Bowl-themed UNO® Fandom deck are exclusively available for pre-order at MattelCreations.com/thebiggame. Only the winning team’s orders will be fulfilled, with items shipping beginning this August.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.87%
Tags
Rhea-AI Summary
Mattel, Inc. (NASDAQ: MAT) and partners announced plans to develop an animated, feature-length film based on Bob the Builder, starring Anthony Ramos. The film will be an international story set in Puerto Rico, celebrating the vibrant Caribbean Latin nations and their people. The production involves Grammy-winning and Golden Globe-nominated actors and producers, including Jennifer Lopez and Felipe Vargas. Bob the Builder is the first animated theatrical film by Mattel Films, aiming to capture both existing and new audiences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.46%
Tags
FAQ
What is the current stock price of Mattel (MAT)?
The current stock price of Mattel (MAT) is $18.64 as of January 31, 2025.
What is the market cap of Mattel (MAT)?
The market cap of Mattel (MAT) is approximately 6.3B.
What does Mattel, Inc. specialize in?
Mattel specializes in creating and marketing a broad range of toys and products for children and families, including iconic brands like Barbie, Hot Wheels, and Fisher-Price.
Where is Mattel, Inc. headquartered?
Mattel, Inc. is headquartered in El Segundo, California.
How many countries does Mattel operate in?
Mattel operates in approximately 40 countries and territories and sells products in more than 150 nations.
What are some of Mattel's most popular brands?
Some of Mattel's most popular brands include American Girl, Barbie, Fisher-Price, Hot Wheels, Monster High, and Thomas & Friends.
How does Mattel distribute its products?
Mattel markets its products to both wholesale customers and retail consumers, with more than 50% of its net sales generated from North America.
How many employees does Mattel have?
Mattel has a global workforce of approximately 31,000 employees.
What type of toys does Mattel offer?
Mattel offers toys for infants and preschoolers, youth electronics, hand-held and other games, puzzles, educational toys, media-driven products, and plush and fashion-related toys.
Does Mattel collaborate with other companies?
Yes, Mattel collaborates with leading entertainment and technology companies to create a wide range of toy products.
Where can I find more information about Mattel?
More information about Mattel can be found on their official website at www.mattel.com.
What recent achievements has Mattel accomplished?
Mattel has achieved significant milestones, including strategic partnerships, new product launches, and initiatives focused on sustainability and innovation.
Mattel, Inc.