Hasbro Discussing Potential Submission Of Offer For Mattel
$HAS
$MAT
Recreational Games/Products/Toys
Consumer Discretionary
Recreational Games/Products/Toys
Consumer Discretionary
- Reuters
- Reuters
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| Company | Date | Price Target | Rating | Analyst |
|---|---|---|---|---|
| 9/16/2024 | $85.00 → $90.00 | Buy | BofA Securities | |
| 6/14/2024 | $70.00 → $80.00 | Neutral → Buy | BofA Securities | |
| 5/23/2024 | $61.00 → $74.00 | Neutral → Overweight | JP Morgan | |
| 4/25/2024 | $60.00 → $75.00 | Buy | Monness Crespi & Hardt | |
| 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 | |
| 1/2/2024 | $60.00 → $53.00 | Buy → Neutral | DA Davidson |
BofA Securities reiterated coverage of Hasbro with a rating of Buy and set a new price target of $90.00 from $85.00 previously
BofA Securities upgraded Hasbro from Neutral to Buy and set a new price target of $80.00 from $70.00 previously
JP Morgan upgraded Hasbro from Neutral to Overweight and set a new price target of $74.00 from $61.00 previously
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
Fireside Chat to be Webcast Live Hasbro, Inc. (NASDAQ:HAS) today announced that Gina Goetter, Hasbro's Chief Financial Officer and Chief Operating Officer and Tim Kilpin, Hasbro's President Toys, Licensing and Entertainment will participate in the Morgan Stanley Global Consumer and Retail Conference on Wednesday, December 4, 2024 at 8:45 AM Eastern time. Presentation times are subject to change. Please contact the conference host firm for additional details. The webcast will be available on Hasbro's Investor Relations home page at https://investor.hasbro.com. For those unable to listen to the live webcast, an archive of the presentation will be available on the Company's website for a
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
SC 13G/A - MATTEL INC /DE/ (0000063276) (Subject)
SC 13G/A - MATTEL INC /DE/ (0000063276) (Subject)
SC 13G/A - MATTEL INC /DE/ (0000063276) (Subject)
4 - MATTEL INC /DE/ (0000063276) (Issuer)
4 - HASBRO, INC. (0000046080) (Issuer)
4 - HASBRO, INC. (0000046080) (Issuer)
Hasbro Inc. (NASDAQ:HAS) shares are surging after the toy maker reported better-than-expected second-quarter FY24 earnings and revised the outlook. The company reported a second-quarter FY24 sales decline of 18% year-on-year to $995.30 million, beating the analyst consensus estimate of $943.56 million. The revenue decline was driven primarily by the eOne film divestiture; excluding the divestiture, revenue declined by 6%. Segment Revenue: Consumer Products declined 20%, Wizards of the Coast and Digital Gaming increased 20%. Entertainment segment revenues plunged 90%, impacted by the sale of eOne Film and TV in December 2023; absent this impact, revenue declined 30%. Selling, dist
Sentiment continues to be jittery, with the major index futures priming for a lower opening on Thursday as traders look ahead to the first read of second-quarter GDP data and more earnings. The tech space could once again drag the broader market after a few disappointing earnings reports from the likes of Franco-Italian chipmaker STMicroelectronics N.V. (NYSE:STM), which predominantly supplies to the automotive end market, and semiconductor test-equipment company Teradyne, Inc. (NASDAQ:TER). Traders may also stay glued to second-quarter GDP data to confirm the slowdown suggested by some recent data does not point to a hard landing. That said, bond yields are dipping as the market, factori
10-Q - HASBRO, INC. (0000046080) (Filer)
10-Q - MATTEL INC /DE/ (0000063276) (Filer)
8-K - HASBRO, INC. (0000046080) (Filer)
Maintains Full Year EBITDA Guidance & Declares Quarterly Dividend Hasbro, Inc. (NASDAQ:HAS), a leading toy and game company, today reported financial results for the third quarter 2024. "Outperformance within our gaming and licensing businesses in the third quarter highlights the strength in two of our highest profit areas," said Chris Cocks, Hasbro Chief Executive Officer. "Our key initiatives around digital, licensing and reinvigorating our product innovation are bearing fruit." "We continue to execute our turnaround efforts and are poised to finish the year with improved profitability, cash flow and operational rigor," said Gina Goetter, Hasbro's Chief Financial Officer. Third Quarte
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
Hasbro, Inc. (NASDAQ:HAS) announced today that the company's third quarter financial results will be released before the market open on Thursday, October 24, 2024. Hasbro will webcast its third quarter 2024 earnings conference call at 8:30 a.m. Eastern Time. Certain financial and statistical information included in the webcast, such as information required by Regulation G, will be available at the time of the webcast on Hasbro's Investor Relations website at https://investor.hasbro.com. The webcast and the accompanying presentation slides will be available to investors and the media on Hasbro's Investor Relations home page at https://investor.hasbro.com. A replay of the call will be hoste