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

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

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