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Mattel Inc (MAT.OQ)

MAT.OQ on NASDAQ Stock Exchange Global Select Market

15.63USD
18 Oct 2017
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Latest Key Developments (Source: Significant Developments)

Mattel enters into offer letter with Joseph Euteneuer
Tuesday, 3 Oct 2017 05:26pm EDT 

Oct 3 (Reuters) - Mattel Inc :In connection with becoming CFO, co entered into offer letter with Joseph Euteneuer on Sept 25, which provides annual base salary of $900,000​.  Full Article

Mattel appoints Joe Euteneuer as chief financial officer
Tuesday, 3 Oct 2017 04:32pm EDT 

Oct 3 (Reuters) - Mattel Inc :Mattel appoints Joe Euteneuer as chief financial officer.Mattel Inc - ‍appointment of Joseph J. Euteneuer as chief financial officer (CFO), effective September 25, 2017​.Mattel Inc - Euteneuer replaces Kevin Farr, who left company on September 29, 2017​.  Full Article

Mattel Inc says co entered into amendment No. 2 to seventh amended and restated credit agreement
Thursday, 21 Sep 2017 06:28am EDT 

Sept 21 (Reuters) - Mattel Inc :Mattel Inc says ‍on September 20, 2017, co entered into amendment No. 2 to seventh amended and restated credit agreement - SEC filing​.Mattel Inc - amendment amends credit facility to remove consolidated debt to consolidated EBITDA ratio requirement for third fiscal quarter of 2017.Mattel Inc - amendment amends definition of consolidated EBITDA to add-back extraordinary charges not to exceed $275 million.  Full Article

‍Fitch says Retail institutional default rate could top 10% with Toys R Us​
Wednesday, 20 Sep 2017 11:20am EDT 

Sept 20 (Reuters) - Fitch::‍Fitch says retail institutional default rate could top 10% with Toys R Us​.  Full Article

Mattel reports Q2 adjusted loss per share of $0.14
Thursday, 27 Jul 2017 04:14pm EDT 

July 27 (Reuters) - Mattel Inc ::Q2 loss per share $0.16.Q2 adjusted loss per share $0.14.Q2 net sales $974.5 million versus $957.3 million.Q2 earnings per share view $-0.09, revenue view $979.7 million -- Thomson Reuters I/B/E/S.Says gross margin for the quarter decreased 430 basis points.Says inventories at the end of Q2 $935.9 million versus $769.8 million at the end of Q1.Mattel Inc says for Q2 , worldwide gross sales for Mattel Girls & Boys Brands were $609.9 million, up 10% as reported, and up 11% in constant currency.Says for Q2, worldwide gross sales for the Barbie Brand were down 5% as reported, and down 4% in constant currency.Mattel Inc says for Q2, worldwide gross sales for Fisher-Price Brands were $335.0 million , down 3% as reported, and down 2% in constant currency.Says for Q2, worldwide gross sales for Entertainment Business were up 58% as reported, and up 59% in constant currency.Says for Q2, worldwide gross sales for American Girl Brands were $64.0 million, down 6% as reported and in constant currency.  Full Article

Mattel says CFO Kevin Farr will separate from company
Monday, 17 Jul 2017 04:28pm EDT 

July 17 (Reuters) - Mattel Inc :Mattel Inc - on July 11, Mattel determined that Kevin M. Farr, company's chief financial officer, will separate from company - SEC filing.Mattel - ‍Farr will continue to serve as company's chief financial officer until such time as a successor has been named and successfully transitioned​.Mattel Inc - company has engaged a search firm and initiated an external search to identify Farr's replacement.  Full Article

Mattel looking to replace its long-serving CFO Kevin Farr - WSJ
Thursday, 13 Jul 2017 08:18am EDT 

July 13 (Reuters) - :Mattel Inc <<>> Looking to replace its long-serving CFO; co retained an executive-search firm to replace Chief Financial Officer Kevin Farr - WSJ, citing sources.  Full Article

Primecap management company reports 5.75 percent passive stake in mattel inc as of june 30 - sec filing
Thursday, 6 Jul 2017 11:53am EDT 

July 6 (Reuters) - Mattel Inc :Primecap Management Company reports 5.75 percent passive stake in Mattel Inc as of June 30 - sec filing.  Full Article

Mattel Inc on June 15 signed amendment deal
Friday, 16 Jun 2017 06:39am EDT 

June 16 (Reuters) - Mattel Inc ::Mattel Inc - On June 15, co entered into amendment to seventh amended and restated credit agreement - SEC filing.Mattel - amendment amends credit facility to increase consolidated-debt to consolidated EBITDA ratio co is required to maintain under credit facility to 3.75 to 1 from 3.50 to 1.  Full Article

Mattel says executive chairman intends to retire at end of his current term - SEC Filing
Wednesday, 14 Jun 2017 02:39pm EDT 

June 14 (Reuters) - Mattel Inc ::Says on June 13, Christopher Sinclair, executive chairman, announced he intends to retire from board at end of his current term - SEC Filing.On June 14 , co announced board declared a quarterly dividend of $0.15 per share on co's common stock, to be paid on September 15, 2017.  Full Article

BRIEF-Mattel enters into offer letter with Joseph Euteneuer

* In connection with becoming CFO, co entered into offer letter with Joseph Euteneuer on Sept 25, which provides annual base salary of $900,000​ Source text for Eikon: (http://bit.ly/2fI7xSq) Further company coverage: