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 (NASDAQ: MAT) is set to launch two new animated Barbie specials: “Barbie & Chelsea The Lost Birthday” and a musical adventure featuring Barbie and friends in New York City. The first special focuses on Chelsea, Barbie's sister, who embarks on an exciting journey to reclaim her lost birthday. Directed by Cassi Simonds, the 60-minute movie will be available on various platforms like Netflix and Cartoonito. Additionally, new dolls and playsets related to Chelsea will be launched this spring, enhancing the Barbie franchise.
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Mattel, Inc. (NASDAQ: MAT) received four Toy of the Year (TOTY) Awards from The Toy Association, recognizing its innovative toy introductions in 2021. The awards included categories such as Action Figure of the Year for the Fisher-Price #ThankYouHeroes Line and Doll of the Year for Barbie Color Reveal. Chief Commercial Officer Steve Totzke emphasized that these honors reflect Mattel's commitment to creativity and childhood empowerment. The TOTY Awards, considered the 'Oscars' of the toy industry, are crucial for fundraising efforts aimed at delivering toys to children in need.
Mattel, Inc. (NASDAQ: MAT) reported strong fourth quarter and full-year 2020 financial results, achieving a 10% increase in net sales in Q4, and 2% growth for the full year, despite pandemic challenges. The operating income for Q4 rose to $192.7 million, and EPS improved to $0.37. The company highlighted the effectiveness of its product offerings and supply chain. Looking ahead, Mattel anticipates continued growth driven by its new 'Optimizing for Growth' program, aiming for $250 million in cost savings by 2023.
Mattel, Inc. (NASDAQ: MAT) announced the development of a live-action film based on its popular game, UNO®. The project will be produced by Mattel Films in collaboration with rapper Lil Yachty and Quality Control's team. Set in Atlanta's hip hop scene, the action-comedy aims to modernize the classic game for a new audience. As UNO celebrates its 50th anniversary, Mattel is also launching new product lines and tournaments to engage fans globally. This film joins other major projects from Mattel Films, which includes adaptations of several iconic brands.
Mattel is set to adapt the globally popular card game UNO® into a live-action film, produced by Mattel Films in collaboration with rapper Lil Yachty and Quality Control's Kevin Lee, Pierre Thomas, and Brian Sher.
The screenplay is penned by Marcy Kelly, and the film promises a comedic action-adventure narrative rooted in Atlanta's hip-hop culture. As UNO marks its 50th anniversary, Mattel plans to unveil an extensive product line and global tournament, further promoting the brand and enhancing its cultural relevance.
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Mattel, Inc. (NASDAQ: MAT) announced that its Barbie® brand was named the top global toy property of 2020 by the NPD Group. Additionally, Hot Wheels® Singles 1/64 assortment was recognized as the global top-selling toy. Notably, Mattel was ranked the #1 toy manufacturer in the U.S. for the 27th consecutive year. In 2020, the Barbie Dreamhouse and Fisher-Price led their respective categories. The success reflects Mattel's mission to innovate and engage children through play, honoring cultural relevance and social initiatives.
Mattel, Inc. (NASDAQ: MAT) will announce its full year and fourth quarter 2020 financial results on February 9, 2021, at 4:05 p.m. EST. A conference call will follow at 5:00 p.m. EST, available via webcast on Mattel's Investor Relations website. A Virtual Analyst Day is also scheduled for February 24, 2021, at 10:00 a.m. EST, offering a strategic business update. The company is well-established with a diverse portfolio of iconic brands and a global presence in 35 locations and over 150 countries.
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