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. reports developments across its global play and family entertainment business, built around franchise brands such as Barbie, Hot Wheels, Fisher-Price, American Girl, Thomas & Friends, UNO, Masters of the Universe, Matchbox, Monster High and Polly Pocket. Company updates commonly cover toys, content, consumer products, digital games and live experiences sold through retail and ecommerce relationships.
Recurring news includes quarterly financial results, brand and franchise product launches, entertainment-related licensing and promotional partnerships, digital strategy updates following the completed acquisition of full ownership of Mattel163, share repurchases and capital allocation, shareholder engagement, board review of strategy, and changes in the global commercial organization.
Mattel, Inc. (NASDAQ: MAT) announced the launch of a peer-to-peer marketplace on its Mattel Creations Virtual Collectibles Platform on April 27, coinciding with the debut of Series 5 of the Hot Wheels NFT Garage. The marketplace will enable collectors to display, trade, and sell Mattel virtual collectibles.
Series 5 features 40 unique digital car designs from brands like McLaren and Porsche, priced at $25 per pack, each containing seven NFTs. Collectors can receive physical die-cast replicas by obtaining rare digital collectibles.
In partnership with blue-chip collectibles company Rarible and others, Mattel aims to enhance user experience on its platform, which has previously seen significant demand, with Series 4 selling out quickly.
Mattel, Inc. (NASDAQ: MAT) has launched a new apparel collaboration with Gap, introducing the Gap x Barbie Collection. This collection features a range of clothing items including tees, skirts, hoodies, denim, and accessories, designed with classic Barbie branding. Starting May 23, the collection will be available for purchase on gap.com and select Gap stores. This is the first launch in a series of planned collaborations between the two brands, including future offerings inspired by Hot Wheels, the world’s top-selling toy. The partnership aims to merge Mattel's iconic brand portfolio with Gap’s signature products, appealing to families and promoting creativity and play.
Mattel, Inc. (NASDAQ: MAT) has announced plans to release its first quarter 2023 financial results on April 26, 2023, at approximately 4:05 p.m. Eastern Time. Following this announcement, a webcast conference call will take place at 5:00 p.m. Eastern Time. Investors can access the webcast and slides in the Events and Presentations section of the Mattel Investor Relations website. Key financial data will also be published during the webcast. As a leading global toy company, Mattel boasts a diverse portfolio of iconic brands such as Barbie, Hot Wheels, and Fisher-Price, available in over 150 countries. The company has been a significant player in the toy industry since 1945, creating products that engage and inspire children.
Mattel, Inc. (NASDAQ: MAT) has launched Hot Wheels: Rift Rally, an innovative mixed reality racing game available on the Apple App Store and PlayStation platforms. Developed by Velan Studios, this game allows players to transform their homes into race tracks using the Chameleon RC car, which offers over 140 vehicle variations. Players can choose between Campaign Mode and Stunt Mode, engaging in various challenges and mini-games. The Standard Edition is priced at $129.99, while the Deluxe Edition is $149.99. The game aims to merge physical and digital play, enhancing the traditional Hot Wheels experience for fans worldwide.
Mattel, Inc. (NASDAQ: MAT) has appointed Professor Noreena Hertz to its Board of Directors, effective March 29, 2023. Hertz, a renowned economist and author, will serve on the Governance and Social Responsibility Committee. CEO Ynon Kreiz emphasized Hertz's expertise in ESG and her potential contributions to enhancing Mattel's IP-driven toy business and expanding its entertainment offering. With over 25 years of experience in advising diverse sectors, Hertz's strategic insights are expected to guide Mattel towards a more inclusive and sustainable future. Hertz is also a board member for Warner Music Group and Workhuman.
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Mattel, Inc. (NASDAQ: MAT) announced plans to launch a new publishing imprint in 2024, expanding its children's and family entertainment offerings. This initiative aims to leverage Mattel's popular franchises, including Barbie®, Hot Wheels®, and Fisher-Price®, to produce print books, eBooks, audiobooks, and digital content compatible with their interactive platform, Caribu. The imprint will complement existing licensing programs and aims to enhance fan engagement with Mattel's intellectual properties. The company has seen success with its American Girl publishing and intends to replicate this within its broader catalog.
Mattel, Inc. (NASDAQ: MAT) announced its Chief Financial Officer, Anthony DiSilvestro, will speak at the UBS Global Consumer and Retail Conference on March 16, 2023, at 10:00 a.m. Eastern Time. The event will be available via webcast on Mattel's Investor Relations website. Participants are encouraged to log in at least 15 minutes prior to the start for registration and necessary software downloads. The archive of the webcast will be accessible shortly after the live event. Mattel is a leading global toy company known for its strong portfolio of brands including Barbie®, Hot Wheels®, and Fisher-Price®.
American Girl, a part of Mattel's portfolio, introduces its first-ever set of twin characters, Isabel and Nicki Hoffman, from the 1990s. Set in Seattle in 1999, their stories capture the essence of the tech boom, music, and fashion trends of the era. Isabel is bubbly and extroverted, while Nicki is thoughtful and introverted. Accompanying them are themed dolls, accessories, and a product collection reflecting 90s nostalgia. The launch includes a full-length novel and collaboration with the nonprofit Girls Who Code. Their product line is available from February 22, 2023, in various retail locations and online.
Mattel, Inc. (NASDAQ: MAT) will host a Virtual Investor Presentation on March 8, 2023, at 10:00 a.m. EST, to provide a strategic business update and outline its plans for the year. The event will be streamed via Mattel's Investor Relations website, with an archive available post-presentation. As a leading global toy company, Mattel boasts a strong portfolio of iconic brands such as Barbie®, Hot Wheels®, and Fisher-Price®, engaging consumers through various products and family entertainment franchises. The company operates in 35 locations and provides its offerings in over 150 countries, supporting the development of children through play.