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.
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.
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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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