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Mattel Inc (MAT.MW)

MAT.MW on Midwest Stock Exchange

15.06USD
19 Sep 2017
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Latest Key Developments (Source: Significant Developments)

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

Mattel Inc Q1 reported shr loss $0.33; Q1 adj shr loss $0.32
Thursday, 20 Apr 2017 04:09pm EDT 

April 20 (Reuters) - Mattel Inc :Mattel inc - q1 reported loss per share $0.33; q1 adjusted loss per share $0.32; q1 net sales $735.6 million versus. 869.4 million last year.Mattel inc - q1 gross margin down 680 basis points.Mattel inc - inventories at the end of q1 2017 was $769.8 million versus $613.8 million at the end of q4 2016.Mattel inc - q1 worldwide gross sales for mattel girls & boys brands $441.1 million, down 16% as reported and in constant currency.Mattel inc - q1 worldwide gross sales for barbie brand were down 13% as reported, and down 12% in constant currency.Mattel inc - q1 worldwide gross sales for fisher-price brands were $246.9 million, down 9% as reported, and down 8% in constant currency.Mattel inc says "our q1 results were below expectations due to the retail inventory overhang coming out of the holiday period".Mattel Inc Q1 rev view $801.4 mln -- Thomson Reuters I/B/E/S.Mattel Inc Q1 shr view $-0.17 -- Thomson Reuters I/B/E/S.  Full Article

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

UPDATE 2-Toy companies' shares tumble on concerns of Toys 'R' Us bankruptcy

Sept 18 Shares of Mattel Inc and Hasbro Inc, the two largest U.S. toy makers, fell on Monday on concerns that retailer Toys "R" Us, a major customer, could be filing for bankruptcy protection before the holiday sales season.