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.
American Girl, part of the Mattel portfolio, released a new book titled A Smart Girl's Guide: Race & Inclusion. This book, authored by diversity expert Deanna Singh, aims to educate readers aged 10 and up about race, racism, and anti-racism. It provides tools for gaining racial fluency and encourages readers to engage in discussions about race. The book is priced at $12.99 and includes various practical activities. American Girl continues its commitment to diverse storytelling and has donated over $500,000 to organizations supporting education.
Mattel, Inc. (NASDAQ: MAT) has launched the Barbie Loves the Ocean collection, the first fashion doll line made from recycled ocean-bound plastic. This initiative aligns with Mattel's commitment to achieving 100% recycled, recyclable, or bio-based plastic materials across all products by 2030. The collection features dolls made from 90% recycled materials and includes a Beach Shack playset. Furthermore, the brand emphasizes sustainability through various campaigns, including a partnership with 4ocean to combat plastic waste. This reinforces Mattel's evolution toward fostering environmental consciousness among children.
Mattel, Inc. (NASDAQ: MAT) announced that its Chairman and CEO Ynon Kreiz will participate in a fireside chat at the virtual Citi Leisure Day on June 2, 2021, at 11:00 a.m. ET. The event will be accessible via Mattel's Investor Relations website, where an archive will also be available shortly after the live session. Mattel is a leading global toy company known for popular brands like Barbie, Hot Wheels, and Fisher-Price, operating in 35 locations and selling products in over 150 countries.
Mattel Inc. (NASDAQ: MAT) has launched Mattel PlayBack, a toy takeback program aimed at recycling materials from old toys. This initiative is part of Mattel's commitment to achieving 100% recycled, recyclable, or bio-based plastics across its products by 2030. Customers can send back their used Mattel toys, which will be sorted for recycling or downcycled if necessary. The program will initially operate in the U.S. and Canada, with plans to expand to Europe. Mattel emphasizes sustainability and aims to educate children about environmental responsibility through this initiative.
Mattel, Inc. (NASDAQ: MAT) has entered into a multi-year global licensing deal with 9 Story Media Group and Karma's World Entertainment for the toy line based on the upcoming Netflix series Karma's World. This partnership enables Mattel to create a diverse range of toys, including dolls and accessories, launching globally starting fall 2022. The series, created by Chris 'Ludacris' Bridges, promotes themes of self-empowerment and community among children aged 6-9, featuring a young Black girl aspiring to be a musical artist.
Mattel, Inc. (NASDAQ: MAT) reported a record-breaking first quarter of 2021, with net sales up 47% from the previous year. North America sales surged 67%, driven by strong demand for brands like Barbie and Hot Wheels. Operating income also improved significantly to $31 million, marking a $181 million increase. Adjusted gross margin rose to 47%%, while overall gross billings saw substantial growth across various categories. The company revised its 2021 guidance upwards due to this stronger performance, despite ongoing concerns regarding COVID-19 and cost inflation.
Mattel (NASDAQ: MAT) has announced plans to transform the classic game Rock ‘Em Sock ‘Em Robots® into a live-action film in collaboration with Universal Pictures and Vin Diesel's One Race Films. Vin Diesel will both star in and produce the movie, which tells the story of a father and son forming a bond with an advanced war machine. This project marks the second collaboration between Mattel Films and Universal Pictures, following another film based on the Wishbone™ series. The iconic game has been a staple in pop culture since its launch in 1966.
Mattel, Inc. (NASDAQ: MAT) announced its initiative Drive Toward a Better Future, aiming for 100% recycled, recyclable, or bio-based plastic in Matchbox products by 2030. The launch of the Matchbox Tesla Roadster, made from 99% recycled materials, highlights this commitment. New product lines will feature eco-friendly materials, zero-plastic packaging, and enhanced consumer recycling guidance. Matchbox is also focused on reducing energy use and waste, emphasizing sustainability throughout its operations.
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