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, a subsidiary of Mattel (NASDAQ: MAT), launched its 2021 Girl of the Year, Kira Bailey, who promotes environmental awareness through storytelling. Kira, a 10-year-old animal lover in Australia, confronts challenges like wildlife protection and climate change. To support Kira's mission, American Girl partners with WIRES, raising up to $25,000 for wildlife rescue. The Kira collection, featuring an 18-inch doll and themed accessories, is available starting December 31, 2020, aimed at inspiring young girls to engage in conservation efforts.
Mattel, Inc. (NASDAQ: MAT) announced that CEO Ynon Kreiz will engage in a fireside chat during the MKM The Road Ahead, Preparation for 2021 Conference, on December 15, 2020, at 11:10 a.m. Eastern Time. The event will be webcasted and accessible on Mattel’s Investor Relations website, with an archive available post-event. Mattel is a prominent global toy company known for its portfolio of iconic brands like Barbie, Hot Wheels, and Fisher-Price, operating in over 35 locations globally and serving consumers in more than 150 countries.
Mattel, Inc. (NASDAQ: MAT) has appointed Jonathan Anschell as Executive Vice President, Chief Legal Officer, and Secretary, effective January 1, 2021. He succeeds Robert Normile, who will transition to an advisory role. Anschell, previously with ViacomCBS, brings significant legal expertise in managing consumer brands. His role will encompass overseeing legal operations, corporate governance, and compliance. CEO Ynon Kreiz expressed confidence that Anschell's leadership will enhance Mattel's transformation into an IP-driven company, ensuring continued value creation for shareholders.
Mattel, Inc. (NASDAQ: MAT) announced that CEO Ynon Kreiz will participate in a fireside chat at the Barclays Eat, Sleep, Play Conference on December 1, 2020, at 10:30 a.m. Eastern time. The event will be webcasted live on Mattel's Investor Relations website, with an archive available post-event. Mattel is a global leader in the toy industry, known for iconic brands like Barbie and Hot Wheels, and operates in over 35 locations worldwide, reaching more than 150 countries. This participation highlights Mattel's ongoing engagement with investors and the community.
Mattel, Inc. (NASDAQ: MAT) has appointed Catherine Frymark as Executive Vice President of Corporate Communications. Starting next month, Frymark will oversee global corporate communications and philanthropic efforts, including the Mattel Children’s Foundation. She has a 20-year experience at Discovery, Inc., where she held leadership roles, managing corporate communications and overseeing multiple divisions. Frymark aims to guide Mattel's next phase of communications, emphasizing corporate social responsibility and the company's legacy of inspiring play.
American Girl, a subsidiary of Mattel (NASDAQ: MAT), has partnered with Swarovski to launch three unique collector dolls, adorned with over 5,000 crystals, with auction proceeds benefiting the First Responders Children’s Foundation Toy Express program. The dolls will be auctioned starting at $5,000 until November 25, 2020. Additionally, Mattel and American Girl are donating over $1 million in toys to support children of first responders during the holiday season. The auction aims to bring joy to families impacted by COVID-19.
Mattel (NASDAQ: MAT) has announced the winner of the 2020 Hot Wheels Legends Tour, recognizing Riley Stair's custom 1970 Pontiac Trans Am, which will be immortalized as a 1:64 scale die-cast model available globally in 2021. The event, streamed live from Jay Leno’s Garage, engaged over 10 million fans and featured celebrity judges. Stair's vehicle, selected from thousands of entries, exemplified the Hot Wheels spirit. This win connects the brand with a wider audience, reinforcing its reputation in the collectibles market.
Mattel, Inc. (NASDAQ: MAT) announced that its Chairman and CEO, Ynon Kreiz, will participate in a virtual fireside chat at the Berenberg US CEO Conference on November 12, 2020, at 12:00 p.m. Eastern time. The event will be accessible via Mattel’s Investor Relations website, with an archive available post-event. As a global toy leader, Mattel boasts a diverse portfolio of popular brands including Barbie and Hot Wheels, providing entertainment and educational products across 150 countries.
Mattel, Inc. (NASDAQ: MAT) announced that it has received nine finalist nominations for The Toy Association’s 2021 Toy of the Year (TOTY) Awards, leading the industry for the second consecutive year. Nominations include products from iconic brands such as Barbie®, American Girl®, and Fisher-Price®. Over the past five years, more than 55 of Mattel's toys have been nominated for TOTY. The winners will be revealed on February 12, 2021, in a virtual event.
Mattel, Inc. (NASDAQ: MAT) reported strong third quarter 2020 results, with Net Sales up 10% and Gross Sales also up 10%. Reported Operating Income surged to $384.2 million, a 156% increase. Earnings Per Share (EPS) improved to $0.91, marking a 355% rise from the previous year. Despite a 2% decline in sales for the first nine months, the company expects growth in the fourth quarter driven by low retail inventories and strong consumer demand. Overall, Mattel emphasizes ongoing operational improvements and cost savings as integral to boosting profitability.
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