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) has secured a multi-year global licensing agreement with Disney for the Princess and Frozen franchises. This agreement allows Mattel to develop a variety of toys, including fashion dolls and figures, launching at retailers worldwide in early 2023. The partnership aims to leverage Mattel's expertise in brand management and product innovation to create captivating merchandise. This agreement expands Mattel's existing collaboration with Disney, which includes properties like Toy Story and Cars.
Mattel, Inc. (NASDAQ: MAT) and Illusion Projects announced the extension of the Barbie®: A Cultural Icon exhibition at The Shops at Crystals on the Las Vegas Strip until April 15, 2022. Originally opened in October 2021, the exhibition has garnered significant attention, now featuring over 250 dolls and 400 artifacts. Highlights include a life-sized hot pink Barbie convertible and various interactive photo opportunities. The exhibit underscores Barbie's role as a cultural icon, inviting guests to share experiences on social media while ensuring compliance with local safety regulations.
Mattel, Inc. (NASDAQ: MAT) plans to release its full-year and fourth-quarter financial results on February 9, 2022, at approximately 4:05 p.m. Eastern Time. Following this, a conference call will be held at 5:00 p.m. Eastern Time, available via webcast on Mattel's Investor Relations website. An archive will be accessible for 90 days post-call, and a telephonic replay will be available until February 16, 2022. For more updates, visit Mattel online.
Mattel has announced a groundbreaking partnership with luxury fashion brand Balmain to celebrate their influence in fashion and culture. This collaboration features a ready-to-wear collection and three exclusive Barbie x Balmain NFTs, which unite digital and physical collecting. The NFTs, styled after Balmain’s designs, will be available through Mattel Creations via an online auction. This marks Barbie's entry into the digital art world, reflecting a modern take on their iconic legacies. The collection will launch on January 13th.
American Girl unveiled its 2022 Girl of the Year, Corinne Tan, a Chinese American character from Aspen, Colorado. Corinne's story promotes themes of family, kindness, and respect while addressing xenophobia. In a first, the collection includes Corinne's little sister, Gwynn, as a companion doll. American Girl is also donating $25,000 to AAPI Youth Rising to support education about Asian American history. Corinne's products and books are available starting December 30, 2021, at various outlets, including American Girl retail stores.
Mattel has announced a collaboration with VeeFriends to create a unique UNO deck featuring NFT characters by Gary Vaynerchuk. This deck is a first-of-its-kind product merging digital NFTs with physical collectibles. Each deck will include one special non-playable foil card, with varying rarity levels, including the hardest-to-find Gary Bee card. Available for pre-sale at $25 starting December 17, the project aims to bridge physical play and NFT collectibility, reinforcing Mattel's position in the toy and gaming industry.
Mattel has announced the development of the live-action film Christmas Balloon, inspired by a true story. Gabriela Revilla Lugo will write the screenplay. The film narrates the tale of a young girl, Dáyami, from a Mexican border town, whose Christmas wishes reach a grieving couple in Arizona. Mattel collaborated with them to fulfill her wishes, highlighting the company's commitment to community kindness. This project marks the 14th film from Mattel Films and their first based on original intellectual property.
Mattel, Inc. attended a White House meeting to discuss supply chain issues with President Biden and industry leaders. CEO Ynon Kreiz expressed optimism about the company's ability to meet holiday demand, citing ongoing challenges in the supply chain. During the Nasdaq 45th Investor Conference, Kreiz reiterated full-year guidance, predicting a 15% increase in net sales and Adjusted EBITDA between $900-925 million. The global toy industry is expected to grow significantly, with forecasts suggesting revenues may exceed $100 billion in 2023.
Mattel, Inc. (NASDAQ: MAT) announced that its Chairman and CEO, Ynon Kreiz, will engage in a fireside chat at the Nasdaq 45th Investor Conference on November 30, 2021, at 11:30 a.m. ET. The session will be webcasted live and will be accessible via Mattel's Investor Relations website. Following the live event, an archive of the webcast will also be made available. Mattel is renowned for its iconic brands like Barbie, Hot Wheels, and Fisher-Price, and operates internationally, providing a wide range of entertainment products.
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