Mattel, Inc., a children's entertainment company, designs and produces toys and consumer products worldwide. The company operates through North America, International, and American Girl segments. It offers dolls and accessories, as well as content, gaming, and lifestyle products for children under the Barbie, American Girl, Polly Pocket, Spirit, and Enchantimals brands; dolls and books under the American Girl brand name; die-cast vehicles, tracks, playsets, and accessories for kids, adults, and collectors under the Hot Wheels, Matchbox, CARS, and Mario Kart brand names; and infant, toddler, and preschool products comprising content, toys, live events, and other lifestyle products under the Fisher-Price and Thomas & Friends, Power wheels, and Fireman Sam brands. The company also provides action figures, building sets, and games under the Masters of the Universe, MEGA, UNO, Toy Story, Jurassic World, WWE, and Star Wars brands; and licensor partner brands, including Disney, NBCUniversal, WWE, Microsoft, Nickelodeon, Warner Bros, and Sanrio. It sells its products directly to consumers through its catalog, website, and proprietary retail stores; retailers, including discount and free-standing toy stores, chain stores, department stores, and other retail outlets; and wholesalers, as well as through agents and distributors. Mattel, Inc. was founded in 1945 and is headquartered in El Segundo, California.
IPO Year:
Exchange: NASDAQ
Website: mattel.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/5/2024 | $24.00 → $19.00 | Overweight → Neutral | JP Morgan |
| 1/17/2024 | $25.00 → $19.00 | Overweight → Equal-Weight | Morgan Stanley |
| 1/4/2024 | $24.00 → $20.00 | Buy → Neutral | ROTH MKM |
| 10/20/2023 | $26.00 | Buy | Citigroup |
| 9/27/2023 | $27.00 | Overweight | Morgan Stanley |
| 2/1/2023 | $26.00 | Buy | Goldman |
| 1/3/2023 | $29.00 → $26.00 | Buy | Stifel |
| 7/11/2022 | $30.00 → $31.00 | Neutral → Buy | Goldman |
| 2/24/2022 | $27.00 → $33.00 | Hold → Buy | Stifel |
| 2/10/2022 | $28.00 → $32.00 | Buy | Monness Crespi & Hardt |
Mattel, Inc. (NASDAQ:MAT) today announced that Ynon Kreiz, Mattel's Chairman and Chief Executive Officer, and Anthony DiSilvestro, Mattel's Chief Financial Officer, will participate in a fireside chat at the Morgan Stanley Global Consumer & Retail Conference on Wednesday, December 4, 2024 at 11:00 a.m. Eastern time. The webcast will be available on Mattel's Investor Relations website, https://investors.mattel.com/. To listen to the webcast, log onto the website at least 15 minutes early to register, download, and install any necessary software. An archive of the webcast will be available on the Company's website shortly after the completion of the live webcast. About Mattel Mattel is
Giuseppe Casagrande and his team will have their custom "La Liebre" race car project immortalized as a 1:64 Hot Wheels® die-cast car sold around the world More than 5,000 vehicles from 13 countries competed in the 2024 Hot Wheels™ Legends Tour presented by Mobil 1 The 1968 custom build based on a Baufer modified Ford Falcon chassis is the seventh Hot Wheels Legends Tour winner to be inducted into the Garage of Legends™ and recreated as a Hot Wheels die-cast Photos of the 2024 Hot Wheels Legends Tour winner can be found HERE Mattel, Inc (NASDAQ:MAT), a leading global toy and family entertainment company and owner of one of the most iconic brand portfolios in the world, announced
Third Quarter 2024 Highlights Versus Prior Year Net Sales of $1,844 million, down 4% as reported, and 3% in constant currency Gross Margin of 53.1%, an increase of 210 basis points; Adjusted Gross Margin of 53.1%, an increase of 210 basis points Operating Income of $488 million, an increase of $14 million; Adjusted Operating Income of $504 million, a decrease of $2 million Net Income of $372 million, an improvement of $226 million Earnings per Share of $1.09 compared to $0.41 per share; Adjusted Earnings per Share of $1.14 compared to $1.08 per share Adjusted EBITDA of $584 million, an improvement of $5 million Repurchased $68 million of shares, bringing nine-month total to $2
Drive your favorite Hot Wheels Monster Trucks, compete with friends and perform spectacular stunts in the ultimate monster truck showdown! Go big, go Hot Wheels! Mattel, Inc. (NASDAQ:MAT), a leading global toy and family entertainment company and owner of one of the most iconic brand portfolios in the world, in partnership with GameMill Entertainment, today launched Hot Wheels Monster Trucks: Stunt Mayhem™ on Nintendo Switch, PlayStation®5, PlayStation®4, Xbox Series X|S, Xbox One, and PC via Steam, the Epic Games Store and Microsoft Store. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241018317419/en/Hot Wheels Monster Trucks:
Download assets HERE. Mattel, Inc. (NASDAQ:MAT), a leading global toy and family entertainment company and owner of one of the most iconic brand portfolios in the world, is developing a live-action feature film with Sony Pictures Entertainment and Escape Artists based on the company's timeless 3-D image View-Master toy. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241016984958/en/View-Master (Photo: Business Wire) View-Master has entertained children and adults since its introduction in 1939. The stereoscopic viewing device has been a popular childhood staple for generations and has taken its fans all over the world with its
The #1 leading vehicle brand* and the pinnacle of motorsport will be partnering to deliver a Hot Wheels Formula 1® product line, beginning with a one-of-a-kind collector die-cast drop on Mattel Creations For the first time, Mattel, Inc.'s (NASDAQ:MAT) Hot Wheels brand and Formula 1®, are partnering to bring the sport's fans a full range of Hot Wheels products. The new product line from the two iconic brands will feature F1® Teams and bring the thrill of F1 races to 1:64 scale to deliver a brand-new way for automotive enthusiasts to play and collect, allowing kids and adults to celebrate their passion for racing with Hot Wheels. This press release features multimedia. View the full release
Barney's World premieres October 14 on Max, October 18 on Cartoon Network First episode to debut early on Barney's YouTube channel October 11 Mattel, Inc. (NASDAQ:MAT), a leading global toy and family entertainment company and owner of one of the most iconic brand portfolios in the world, today revealed the official trailer and extended theme song music video for Barney's World, Mattel Television Studio's all-new animated series premiering Monday, October 14 on Max followed by Cartoon Network on October 18. The show also launches on Cartoonito in EMEA and APAC, Discovery Kids in LATAM, and Treehouse and STACKTV in Canada. Barney's World is a fresh take on the beloved, iconic series that i
Mattel, Inc. (NASDAQ:MAT) has promoted Roberto Stanichi to Executive Vice President, Hot Wheels & Head of Vehicles and Building Sets. It was announced by Lisa McKnight, Executive Vice President and Chief Brand Officer at Mattel, to whom Stanichi reports. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241003560430/en/Roberto Stanichi (Photo: Business Wire) McKnight said: "Roberto has been a driving force behind the growth of Mattel's Vehicles category and of course Hot Wheels, the #1 selling toy in the world, which is on track for its seventh consecutive record year in 2024. He has always embodied the ‘challenger spirit' that defi
Mattel, Inc. (NASDAQ:MAT) today announced that it plans to release its third quarter 2024 financial results on Wednesday, October 23, 2024, at approximately 4:05 p.m. Eastern Time. Following this, Mattel will host a webcast conference call at 5:00 p.m. Eastern Time. The webcast and accompanying slides will be available under the Events and Presentations section of Mattel's Investor Relations website, https://investors.mattel.com. To listen to the webcast, log on to the website at least 10 minutes early to register, download and install any necessary audio software. An archive of the webcast will be available on the Company's website for 12 months following the event. Certain financial and
The children's fashion brand has partnered with American Girl to debut a holiday-ready collection with matching styles for children and dolls alike. SAN FRANCISCO, Sept. 25, 2024 /PRNewswire/ -- Today, children's fashion brand Janie and Jack has debuted their newest collection with Mattel Inc.'s (NASDAQ:MAT) American Girl, a premium brand best known for their classic dolls and books. The special collaboration draws inspiration from American Girl's most cherished historical characters—Samantha, Kirsten, and Addy—stitched together with Janie and Jack's iconic style and signature details. Each piece creates the perfect present, with matching moments for both your child and their favorite dolls
Third Quarter 2024 Highlights Versus Prior Year Net Sales of $1,844 million, down 4% as reported, and 3% in constant currency Gross Margin of 53.1%, an increase of 210 basis points; Adjusted Gross Margin of 53.1%, an increase of 210 basis points Operating Income of $488 million, an increase of $14 million; Adjusted Operating Income of $504 million, a decrease of $2 million Net Income of $372 million, an improvement of $226 million Earnings per Share of $1.09 compared to $0.41 per share; Adjusted Earnings per Share of $1.14 compared to $1.08 per share Adjusted EBITDA of $584 million, an improvement of $5 million Repurchased $68 million of shares, bringing nine-month total to $2
Mattel, Inc. (NASDAQ:MAT) today announced that it plans to release its third quarter 2024 financial results on Wednesday, October 23, 2024, at approximately 4:05 p.m. Eastern Time. Following this, Mattel will host a webcast conference call at 5:00 p.m. Eastern Time. The webcast and accompanying slides will be available under the Events and Presentations section of Mattel's Investor Relations website, https://investors.mattel.com. To listen to the webcast, log on to the website at least 10 minutes early to register, download and install any necessary audio software. An archive of the webcast will be available on the Company's website for 12 months following the event. Certain financial and
Second Quarter 2024 Highlights Versus Prior Year Net Sales of $1,080 million, down 1% as reported, and comparable in constant currency Gross Margin of 49.2%, an increase of 410 basis points; Adjusted Gross Margin of 49.2%, an increase of 430 basis points Operating Income of $83 million, an improvement of $20 million; Adjusted Operating Income of $96 million, an improvement of $21 million Net Income of $57 million, an improvement of $30 million Earnings per Share of $0.17 compared to $0.08 per share; Adjusted Earnings per Share of $0.19 compared to $0.10 per share Adjusted EBITDA of $171 million, an improvement of $23 million Repurchased $100 million of shares, bringing
Mattel, Inc. (NASDAQ:MAT) today announced that it plans to release its second quarter 2024 financial results on Tuesday, July 23, 2024, at approximately 4:05 p.m. Eastern Time. Following this, Mattel will host a webcast conference call at 5:00 p.m. Eastern Time. The webcast and accompanying slides will be available under the Events and Presentations section of Mattel's Investor Relations website, https://investors.mattel.com. To listen to the webcast, log on to the website at least 10 minutes early to register, download and install any necessary audio software. An archive of the webcast will be available on the Company's website for 12 months following the event. Certain financial and s
First Quarter 2024 Highlights Versus Prior Year Net Sales of $810 million, down 1% as reported and in constant currency Gross Margin of 48.0%, an increase of 800 basis points; Adjusted Gross Margin of 48.3%, an increase of 830 basis points Operating Loss of $36 million, an improvement of $80 million; Adjusted Operating Loss of $23 million, an improvement of $63 million Net Loss of $28 million, an improvement of $78 million Loss per Share of $0.08 compared to a Loss of $0.30 per share; Adjusted Loss per Share of $0.05 compared to an Adjusted Loss of $0.24 per share Adjusted EBITDA of $54 million, an improvement of $67 million Repurchased $100 million of shares Company
Mattel, Inc. (NASDAQ:MAT) today announced that it plans to release its first quarter 2024 financial results on Tuesday, April 23, 2024, at approximately 4:05 p.m. Eastern Time. Following this, Mattel will host a webcast conference call at 5:00 p.m. Eastern Time. The webcast and accompanying slides will be available under the Events and Presentations section of Mattel's Investor Relations website, https://investors.mattel.com. To listen to the webcast, log on to the website at least 10 minutes early to register, download and install any necessary audio software. An archive of the webcast will be available on the Company's website for 12 months following the event. Certain financial and s
Fourth Quarter 2023 Highlights Versus Prior Year Net Sales of $1,621 million, up 16% as reported, or 14% in constant currency Gross Margin of 48.8%, an increase of 580 basis points; Adjusted Gross Margin of 48.8%, an increase of 570 basis points Operating Income of $140 million, an increase of $61 million; Adjusted Operating Income of $147 million, an increase of $68 million Net Income of $147 million, an increase of $131 million Earnings per Share of $0.42 compared to $0.04 per share; Adjusted Earnings per Share of $0.29 compared to $0.18 per share Adjusted EBITDA of $234 million, an increase of $76 million Full Year 2023 Highlights Versus Prior Year Net Sales of $5
Mattel, Inc. (NASDAQ:MAT) today announced that it plans to release its fourth quarter and full year 2023 financial results on Wednesday, February 7, 2024, at approximately 4:05 p.m. Eastern Time. Following this, Mattel will host a webcast conference call at 5:00 p.m. Eastern Time. The webcast and accompanying slides will be available under the Events and Presentations section of Mattel's Investor Relations website, https://investors.mattel.com. To listen to the webcast, log on to the website at least 10 minutes early to register, download and install any necessary audio software. An archive of the webcast will be available on the Company's website for 12 months following the event. Cert
Third Quarter 2023 Highlights Versus Prior Year Net Sales of $1,919 million, up 9% as reported, or 7% in constant currency Gross Margin of 51.0%, an increase of 280 basis points; Adjusted Gross Margin of 51.0%, an increase of 270 basis points Operating Income of $474 million, an increase of $82 million; Adjusted Operating Income of $506 million, an increase of $108 million Net Income of $146 million, which includes a non-cash charge of $212 million relating to the establishment of a valuation allowance on foreign deferred tax assets, compared to prior year Net Income of $290 million Earnings per Share of $0.41 compared to prior year Earnings per Share of $0.80; Adjusted Earni
Mattel, Inc. (NASDAQ:MAT) today announced that it plans to release its third quarter 2023 financial results on Wednesday, October 25, 2023, at approximately 4:05 p.m. Eastern Time. Following this, Mattel will host a webcast conference call at 5:00 p.m. Eastern Time. The webcast and accompanying slides will be available under the Events and Presentations section of Mattel's Investor Relations website, https://investors.mattel.com. To listen to the webcast, log on to the website at least 10 minutes early to register, download and install any necessary audio software. An archive of the webcast will be available on the Company's website for 12 months following the event. Certain financial a
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JP Morgan downgraded Mattel from Overweight to Neutral and set a new price target of $19.00 from $24.00 previously
Morgan Stanley downgraded Mattel from Overweight to Equal-Weight and set a new price target of $19.00 from $25.00 previously
ROTH MKM downgraded Mattel from Buy to Neutral and set a new price target of $20.00 from $24.00 previously
Citigroup initiated coverage of Mattel with a rating of Buy and set a new price target of $26.00
Morgan Stanley initiated coverage of Mattel with a rating of Overweight and set a new price target of $27.00
Goldman resumed coverage of Mattel with a rating of Buy and set a new price target of $26.00
Stifel reiterated coverage of Mattel with a rating of Buy and set a new price target of $26.00 from $29.00 previously
Goldman upgraded Mattel from Neutral to Buy and set a new price target of $31.00 from $30.00 previously
Stifel upgraded Mattel from Hold to Buy and set a new price target of $33.00 from $27.00 previously
Monness Crespi & Hardt reiterated coverage of Mattel with a rating of Buy and set a new price target of $32.00 from $28.00 previously
Mattel, Inc. (NASDAQ:MAT) today announced that Jennifer Kettnich has joined the company as Vice President, Investor Relations. Kettnich reports to Mattel Chief Financial Officer Anthony DiSilvestro. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240912401039/en/Jennifer Kettnich (Photo: Business Wire) Kettnich is responsible for leading Mattel's Investor Relations function, engaging with investors and analysts and communicating the company's value proposition, investment thesis, financial performance, and long-term strategy. DiSilvestro said: "Mattel welcomes Jenn as our new head of Investor Relations to further our engagement w
Mattel, Inc. (NASDAQ:MAT), a leading global toy and family entertainment company and owner of one of the most iconic brand portfolios in the world, announced today that Ken Wee has joined the Company as Executive Vice President and Chief Strategy Officer. Wee reports to Ynon Kreiz, Chairman and CEO of Mattel. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240910784205/en/Ken Wee (Photo: Business Wire) Kreiz said: "We welcome Ken to our leadership team at an exciting point in the execution of our strategy to grow Mattel's IP-driven toy business and expand our entertainment offering. Ken brings extensive experience in strategic pla
Barbie and WNBA legend Sue Bird unveiled the new Barbie brand campaign and slogan "Give Limitless Possibilities" at Fever x Sky WNBA game on Friday, 8/30 Mattel Inc.'s (NASDAQ:MAT) Barbie® unveiled the latest Barbie brand campaign titled "Give Limitless Possibilities™" today, alongside 2024 Barbie Role Model and WNBA legend Sue Bird. The brand joined the WNBA's Barbie-themed game between the Indiana Fever and Chicago Sky at Wintrust Arena, recognizing the powerful role that play has in giving limitless possibilities to young girls in continued celebration of the brand's 65th anniversary. This press release features multimedia. View the full release here: https://www.businesswire.com/news
Mattel, Inc. (NASDAQ:MAT), a leading global toy and family entertainment company and owner of one of the most iconic brand portfolios in the world, announced today that Sai Koorapati has been appointed Senior Vice President and Chief Technology Officer for the company, effective August 19, 2024. Koorapati will report to Anthony DiSilvestro, CFO of Mattel. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240814209045/en/Sai Koorapati (Photo: Business Wire) DiSilvestro said, "We are thrilled to welcome Sai to our leadership team at Mattel. He brings to our company a strong track record leading digital transformations and proven expe
Partnership kicks off with a series of Barbie themed games with WNBA and MLB teams, furthering the brand's commitment to empowering all girls Schedule includes the Indiana Fever vs. Chicago Sky WNBA game on August 30 Mattel, Inc. (NASDAQ:MAT), a leading global toy and family entertainment company and owner of one of the most iconic brand portfolios in the world, today announced a partnership with leading sports and entertainment marketer AthLife, Inc. to create branded game day activations at sports arenas nationwide. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240723852512/en/In the brand's 65th anniversary year, Barbie
Link to images here The California State Legislature has recognized Mattel for its dedication to creating play experiences that bring joy and enrichment to children's lives as part of proclaiming today, June 11, 2024, as International Day of Play in California. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611250233/en/ This inaugural International Day of Play (IDOP) is a global movement adopted by the United Nations certifying that play is a fundamental right for every child. The resolution passed, marking California as the first west coast state to do so, and encourages communities and stakeholders across the state on Ju
Mattel, Inc. (NASDAQ:MAT) announced today that Karen Ancira has been appointed Executive Vice President and Chief People Officer for the company, effective May 15, 2024. Ms. Ancira will report to Ynon Kreiz, Chairman and CEO of Mattel. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240508633783/en/Karen Ancira (Photo: Business Wire) Mr. Kreiz said: "Karen is an exceptional leader with a proven track record of cultivating purpose-driven, values-based Human Resources organizations and programs for major consumer brands globally. We look forward to the impact Karen will make to further inspire and engage our high-performing and col
Mattel, Inc. (NASDAQ:MAT) announced today that Brian Fitzharris has been appointed as Senior Vice President and General Manager of Fisher-Price, effective April 22, 2024. Fitzharris will lead the Fisher-Price Infant and Toddler Core brands and serve as leader of the company's East Aurora, NY campus. Fitzharris will report to Lisa McKnight, Executive Vice President and Chief Brand Officer at Mattel. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240418255689/en/Brian Fitzharris (Photo: Business Wire) "We are thrilled to welcome Brian back to Mattel in this pivotal role at such an exciting time for Fisher-Price as we seek to stren
Barbie brand commemorates milestone anniversary ahead of International Women's Day by: • Honoring a global lineup of role models inspiring stories and shaping the future • Expanding Barbie Dream Gap Project partnership with Inspiring Girls International • Collaborating with over 40 brand partners Mattel, Inc. (NASDAQ:MAT) announced today its kickoff to celebrate the 65th anniversary of Barbie and over six decades of breaking down boundaries and inspiring girls through storytelling, encouraging them to be confident, daring, brave and legendary. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240305438605/en/Barbie® Celebrates 65
Mattel, Inc. (NASDAQ:MAT) announced today that Christopher Farrell has joined the Company as Executive Vice President and Chief Strategy Officer, effective immediately. Mr. Farrell will lead strategic planning and corporate development for the Company, including identifying opportunities to accelerate growth and profitability and optimize business performance. He will report to Ynon Kreiz, Chairman and CEO of Mattel. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240208191853/en/Christopher Farrell (Photo: Business Wire) Mr. Kreiz said: "Chris brings to Mattel a wealth of expertise in strategic planning, M&A, and corporate devel
Shares of General Dynamics Corporation (NYSE:GD) fell sharply during Wednesday's session after the company reported worse-than-expected second-quarter EPS results. Revenue for the quarter increased 18% year-over-year to $11.976 billion, beating the consensus of $11.438 billion. EPS of $3.26 (up 20.7% YoY) missed the consensus of $3.29, according to data from Benzinga Pro. General Dynamics shares declined 5.2% to $279.26 on Wednesday. Here are some other stocks moving in today’s mid-day session. Gainers NuZee, Inc. (NASDAQ:NUZE) jumped 192% to $3.01. Dermata Therapeutics, Inc. (NASDAQ:DRMA) rose 142.4% to $3.0799 after falling over 22% on Tuesday. Selina Hospitality PLC
U.S. stocks were lower, with the Dow Jones index falling around 350 points on Wednesday. Shares of AT&T Inc. (NYSE:T) rose during Wednesday's session following second-quarter earnings. AT&T reported fiscal second-quarter 2024 operating revenues of $29.8 billion, down 0.4% year over year and missing the analyst consensus estimate of $29.9 billion. Adjusted EPS of 57 cents is in line with the analyst consensus estimate, according to data from Benzinga Pro. AT&T shares gained 3.1% to $18.78 on Wednesday. Here are some other big stocks recording gains in today’s session. PROG Holdings, Inc. (NYSE:PRG) shares jumped 20.4% to $41.71 after the company reported better-than-expected s
Mattel, Inc. (NASDAQ:MAT) reported its second-quarter financial results Tuesday. Here's a look at the details from the report. The Details: Mattel reported quarterly earnings of 19 cents per share, which beat the analyst consensus estimate of 17 cents by 11.76%. Quarterly sales came in at $1.08 billion which missed the analyst consensus estimate of $1.10 billion by 1.59% and represents a 0.64% decrease from the same period last year. Mattel reported adjusted gross margin increased to 49.2%, primarily driven by savings from the Optimizing for Profitable Growth program, cost deflation, lower sales adjustments and lower inventory management costs. Read Also: SunPower Stock Attempts To
Mattel (NASDAQ:MAT) reported quarterly earnings of $0.19 per share which beat the analyst consensus estimate of $0.17 by 11.76 percent. The company reported quarterly sales of $1.08 billion which missed the analyst consensus estimate of $1.10 billion by 1.59 percent. This is a 0.64 percent decrease over sales of $1.09 billion the same period last year.
On Tuesday, Wall Street saw a mixed session, with small-cap stocks outperforming large caps as investors anticipated key earnings reports from Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) and Tesla Inc. (NASDAQ:TSLA), set to be released after the close. The Russell 2000 index, as replicated by the iShares Russell 2000 ETF (NYSE:IWM), climbed 0.8%, while the tech-heavy Nasdaq 100 dipped 0.2%. This marked the ninth time in the last 10 sessions that small caps have outperformed tech stocks. The S&P 500 and the Dow Jones showed little movement. United Parcel Service Inc. (NYSE:UPS) stood out among the mega-cap stocks, plunging 14% after missing earnings and revenue estimates for the previous
The market mood turned jittery after Monday’s rebound, with index futures trading on either side of the unchanged line early Tuesday. The apprehensions reflect uncertainties regarding geopolitics, monetary policy, and the health of the reporting season ahead of earnings from AI stalwart Alphabet, Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) and electric-vehicle giant Tesla, Inc. (NASDAQ:TSLA). The Google-parent’s earnings could be seen as a foretaste of what is to come from the rest of the AI-levered stocks. Earnings news has been mixed. The tidings on the economic front are scarce, with only a housing market report due for the day. That said, traders may choose to remain cautious ahead of some key
Released as part of this year's global Barbie Fashionistas lineup, Barbie partnered with the American Foundation for the Blind and National Down Syndrome Society to ensure doll designs accurately reflect the community they are designed to represent
DA Davidson analyst Linda Bolton Weiser maintains Mattel (NASDAQ:MAT) with a Buy and maintains $27 price target.
Shares of Mattel, Inc. (NASDAQ:MAT) are trading significantly higher Monday, following reports that private equity firm L Catterton has made an offer to acquire the iconic toy company. Additionally, Hasbro Inc. (NASDAQ:HAS) is reportedly considering submitting its own offer submission for Mattel. What To Know: Mattel, known for its famous brands such as Barbie, Hot Wheel and Fisher-Price, could see changes in its strategic direction if acquired by L Catterton or Hasbro. Despite these reports, Yahoo Finance reporter Brian Sozzi posted on X (formerly Twitter) that a source familiar with the situation indicated that Mattel is not currently in any deal talks and has not been approached. M