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. (NASDAQ: MAT) generates a steady flow of news as a global toy and family entertainment company with brands such as Barbie, Hot Wheels, Fisher-Price, American Girl, Thomas & Friends, UNO, Masters of the Universe, Matchbox, Monster High, Polly Pocket, and Barney. This news page aggregates coverage related to Mattel’s operations, brand initiatives, financial updates, and capital markets activity.
Investors following MAT can find announcements about quarterly and annual financial results, guidance updates, and participation in investor conferences. Mattel issues earnings releases that discuss net sales trends by region and product category, gross margin performance, operating income, cash flow, and share repurchase activity, often accompanied by webcasts and slide presentations for analysts.
Brand and product news is also a significant part of Mattel’s coverage. Recent examples include the introduction of the first autistic Barbie doll, developed in partnership with the Autistic Self Advocacy Network, and updates on the Barbie Fashionistas line. Mattel also releases news about events such as the Hot Wheels Legends Tour, a global traveling car show and contest that culminates in a custom car being turned into a 1:64 scale Hot Wheels die-cast model sold worldwide.
Mattel’s news extends into entertainment, digital, and cultural collaborations. Announcements have detailed an expanded collaboration with Roblox to launch experiences for Monster High and other brands on the platform, as well as a multi-year partnership between Mattel Creations and The Museum of Modern Art for design-led collectibles. Capital markets items, such as the pricing of senior notes offerings, are disclosed through press releases and related SEC filings.
By reviewing this news feed, readers can track how Mattel deploys its intellectual property across toys, digital experiences, live events, and partnerships, and how these activities intersect with its financial and strategic communications.
KidKraft has launched a new collaboration with American Girl to introduce the first officially licensed dollhouse for American Girl’s 18-inch dolls, just in time for the holidays. The American Girl x KidKraft Luxury Dollhouse and the Custom Closet feature nine play areas, including amenities like a spinning ceiling fan, working lights, and secret storage. The dollhouse retails for $598.00, while the closet is priced at $298.00. This partnership enhances imaginative play and represents both brands' commitment to creativity.
Mattel (NASDAQ: MAT) has introduced Bruno, the first autistic character in the Thomas & Friends franchise, developed in collaboration with autism advocacy organizations. Voiced by autistic actor Chuck Smith, Bruno debuts in the Season 26 premiere on September 12, 2022. This character aims to provide positive representation of neurodiversity, showcasing traits common in autistic individuals. Bruno will appear across multiple media formats, including a YouTube series and podcasts, enhancing inclusion in children's programming. Experts were involved throughout the character's development to ensure authenticity.
Mattel has partnered with Save the Children to support rural education programs in the U.S. From August 28 to October 1, shoppers purchasing select Barbie, Matchbox, and Little People items at Target will contribute to these programs, with Mattel donating a portion of sales, up to $150K. This initiative marks the first retail branding of Mattel's Play It Forward program, which has previously donated nearly $21 million since 2005. The collaboration aims to improve literacy, numeracy, and emotional skills for children in need.
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Mattel, Inc. (NASDAQ: MAT) reported strong second quarter 2022 results, with net sales reaching $1,236 million, a 20% increase year-over-year. The company’s reported operating income jumped to $125 million, up 155%, while reported net income was $66 million, improving significantly. Despite a decrease in gross margin to 44.4%, Mattel reiterated its 2022 guidance for net sales and adjusted EPS. The firm's strong portfolio and partnerships are expected to boost performance in the second half of the year.
Mattel (NASDAQ: MAT) has announced a multi-year partnership with SpaceX to create and market space-themed toys and collectibles. Beginning in 2023, the collaboration will introduce SpaceX-inspired products under the Matchbox brand and on Mattel Creations, the company's direct-to-consumer platform. This initiative aims to inspire children and collectors, fostering an interest in space exploration.
Mattel's SVP of Entertainment Partnerships, Nick Karamanos, expressed enthusiasm for creating engaging products that celebrate cultural moments, while SpaceX's VP, Brian Bjelde, highlighted the project's potential to motivate future space explorers.
Mattel (NASDAQ: MAT) and Skydance Media have partnered to develop a live-action film based on Mattel's iconic Matchbox die-cast toy vehicles. The project aims to capture the imaginative spirit of the brand, which has a rich history and cultural significance, having sold one car every second since its inception in 1953. Robbie Brenner, an Executive Producer at Mattel Films, is excited about the collaboration, while David Coggeshall has been chosen to write the screenplay. This film is part of a broader slate that includes several other franchises by Mattel.
Mattel (NASDAQ: MAT) has unveiled new sustainable Barbie products, including the Dr. Jane Goodall Inspiring Women Doll and the 2022 Barbie Career of the Year Eco-Leadership Team. These dolls are made from recycled ocean-bound plastic and certified CarbonNeutral. The launch coincides with World Chimpanzee Day on July 14 and celebrates Dr. Goodall's contributions to conservation. This initiative aligns with Mattel's goal to achieve 100% recycled, recyclable, or bio-based plastic in products by 2030.
Mattel, Inc. (NASDAQ: MAT) will announce its Q2 2022 financial results on July 21, 2022, at approximately 4:05 p.m. Eastern Time. Following this announcement, a conference call webcast will take place at 5:00 p.m. Eastern Time. The webcast and supporting materials will be accessible via Mattel's Investor Relations website.
Investors are encouraged to log on 10 minutes early to ensure proper setup. An archive of the event will be available for 12 months.
Mattel, Nickelodeon, and Paramount+ announced the premiere of Monster High: The Movie, set for October 6, 2022, at 7 p.m. ET/PT. The live-action musical, rooted in the beloved franchise, follows Clawdeen Wolf as she navigates her identity at Monster High. The movie highlights themes of self-acceptance and friendship, featuring a cast including Miia Harris and Ceci Balagot. Following the film, an animated series based on the franchise will launch this year. The film aims to resonate with a new generation while fostering inclusivity.