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Mattel Inc (MAT.O)

MAT.O on Nasdaq

25.08USD
23 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Mattel and Babytree form strategic partnership in China
Thursday, 16 Feb 2017 04:09pm EST 

Mattel Inc : Mattel and Babytree form strategic partnership in China .Mattel Inc - Co, Babytree will co-create online platform.  Full Article

Mattel and Alibaba Group form global strategic partnership
Tuesday, 14 Feb 2017 08:00am EST 

Mattel Inc : Mattel and Alibaba Group form global strategic partnership . Mattel will be marketing and selling to China via Alibaba's B2C marketplace Tmall.com .Says Mattel and Alibaba will begin product development immediately, with initial availability planned for mid-2017.  Full Article

Mattel Q4 adjusted earnings $0.52 per share
Wednesday, 25 Jan 2017 08:14pm EST 

Mattel Inc : Mattel reports full year and fourth quarter 2016 financial results and declares quarterly dividend . Q4 adjusted earnings per share $0.52 . Q4 earnings per share $0.50 . Q4 earnings per share view $0.71 -- Thomson Reuters I/B/E/S . Qtrly net sales $1.83 billion (not $1.84 billion) versus $2.0 billion . Q4 revenue view $1.96 billion -- Thomson Reuters I/B/E/S . Mattel Inc - For Q4 of 2016, net sales were down 8 percent as reported, and were down 6 percent in constant currency, versus prior year . Says for Q4, worldwide gross sales for Mattel Girls & Boys brands were $1.05 billion, down 7 percent as reported . "Results were negatively impacted significant U.S. toy category slowdown in holiday period, and increased forex headwinds" . "Results were negatively impacted by a number of industry-wide challenges" . Mattel Inc - Qtrly Barbie worldwide gross sales down 2 percent as reported, and up 1 percent in constant currency . "While our sales at retail remained strong, slowdown triggered elevated retail promotional activity and decreased shipping" .Remain broadly optimistic about Mattel's performance in 2017 and beyond.  Full Article

Mattel reports Q4 earnings per share $0.50
Wednesday, 25 Jan 2017 04:05pm EST 

Mattel Inc - : Quarterly worldwide net sales down 8% as reported, and down 6% in constant currency . For Q4 of 2016, net sales were down 8% as reported, and were down 6% in constant currency, versus prior year . "Results were negatively impacted by a number of industry-wide challenges" . Says for Q4, worldwide gross sales for mattel girls & boys brands were $1.05 billion, down 7% as reported . "Results were negatively impacted significant u.s. Toy category slowdown in holiday period, and increased forex headwinds" . Mattel reports full year and fourth quarter 2016 financial results and declares quarterly dividend . Q4 adjusted earnings per share $0.52 . Q4 earnings per share $0.50 . Q4 earnings per share view $0.71 -- Thomson Reuters I/B/E/S . Quarterly barbie worldwide gross sales down 2% as reported, and up 1% in constant currency. . "While our sales at retail remained strong, slowdown triggered elevated retail promotional activity and decreased shipping" . Quarterly fisher-price brands worldwide gross sales were $607.7 million, down 3% as reported, and up 2% in constant currency . Remain broadly optimistic about mattel's performance in 2017 and beyond . Quarterly net sales $1.84 billion versus $2.0 billion .Q4 revenue view $1.96 billion -- Thomson Reuters I/B/E/S.  Full Article

Mattel Creations and Tongal form strategic multi-year partnership
Wednesday, 26 Oct 2016 09:00am EDT 

Mattel Inc : Mattel Creations and Tongal form strategic multi-year partnership to develop cross-platform content . Mattel Creations says partnership to leverage Tongal's network of more than 120,000 creators . Mattel Creations says along with producing content, Tongal will serve as a strategic partner to co .Mattel Creations says agreement will see development and production of slate of content based on Mattel's library of brands.  Full Article

Mattel expands presence in South Korea
Tuesday, 11 Oct 2016 08:00am EDT 

Mattel Inc: Mattel expands presence in South Korea . Has finalized strategic relationships with Choirock Contents Factory Co Ltd and Sonokong Co Ltd . Mattel - in deal with Choirock, co will serve as master toy licensee for turning Mecard franchise, currently no.1 toy franchise in South Korea by sales . Mattel inc- transaction is expected to be completed later this month . Mattel inc- has also entered into a definitive agreement to acquire a 12% equity stake in Sonokong, a publicly-traded company listed on Korea exchange . Mattel-Choirock will continue to distribute, manage turning mecard franchise in Korea, while co will hold right to introduce franchise in other markets . Mattel-Mattel and Sonokong have entered into strategic agreement in which Sonokong will serve as Mattel's primary distribution partner in South Korea .Agreement with Sonokong applies to Co's entire product portfolio, excluding games.  Full Article

Mattel files for potential notes offering
Tuesday, 2 Aug 2016 09:03am EDT 

Mattel Inc :Files for potential notes offering; size not disclosed - SEC filing.  Full Article

Mattel Inc Q2 loss per share $0.06
Wednesday, 20 Jul 2016 04:05pm EDT 

Mattel Inc : Q2 loss per share $0.06, Q2 adjusted loss per share $0.02, Q2 net sales $957.3 million versus $988.2 million last year . Q2 worldwide gross sales for Mattel Girls & Boys brands were $553.7 million, down 8% as reported, down 5% in constant currency, versus prior year . "Remain broadly on track with our outlook for the year" . FY2016 earnings per share view $1.37, revenue view $5.54 billion -- Thomson Reuters I/B/E/S . Gross margin decreased 260 basis points in quarter, driven mainly by the negative impact from changes in currency exchange rates . Q2 worldwide gross sales for Fisher-Price brands were $346.3 million, up 3% as reported, and 6% in constant currency, versus prior year .Q2 earnings per share view $-0.05, revenue view $936.6 million -- Thomson Reuters I/B/E/S.  Full Article

Mattel awarded Jurassic World license
Tuesday, 19 Jul 2016 08:45am EDT 

Mattel Inc : Mattel awarded Jurassic World license . Mattel will design, produce and bring to market a wide variety of toys and consumer products inspired by franchise . License rights include wide variety of products, including action figures, play-sets, vehicles, games, plush, role-play, preschool, activity toys . Awarded worldwide master toy licensee for Jurassic World beginning in july 2017 .Mattel and NBC Universal will begin to design and develop new lines immediately, with initial products hitting shelves in early 2018.  Full Article

Mattel Incdeclares quarterly dividend
Wednesday, 20 Apr 2016 04:05pm EDT 

Mattel Inc:Board declared a 2016 second quarter cash dividend of $0.38 per share, which is flat compared to the second quarter of 2015.  Full Article

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Mattel reworks China strategy amid elusive growth

Mattel Inc is doubling down to corner a bigger share of China's fragmented yet lucrative toy market, but the success of its efforts hinges on its ability to navigate strict regulation and adapt to local preferences.