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Mattel Inc (MAT.OQ)

MAT.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Hasbro makes takeover approach to Mattel - CNBC citing , Dow Jones
Friday, 10 Nov 2017 05:04pm EST 

Nov 10 (Reuters) - :Hasbro makes takeover approach to Mattel - CNBC citing , Dow Jones.  Full Article

Southeastern Asset Management reports 10.2 pct passive stake in Mattel
Tuesday, 31 Oct 2017 10:19am EDT 

Oct 31 (Reuters) - Southeastern Asset Management Inc​::Southeastern Asset Management Inc​ reports 10.2 percent passive stake in Mattel Inc as of Oct 30 - SEC filing.  Full Article

Mattel Q3 loss per share $1.75
Thursday, 26 Oct 2017 04:05pm EDT 

Oct 26 (Reuters) - Mattel Inc :Q3 loss per share $1.75; Q3 adjusted earnings per share $0.09.Q3 net sales $1.56 billion versus $1.8 billion.Q3 sales performance negatively impacted by Toys "R" Us bankruptcy, tighter retailer inventory management.suspends qtrly dividend, previously $0.15/share, expected to result in additional liquidity of about $50 million per quarter.Inventories at the end of Q3 2017 $990 million versus $910.5 million at the end of Q3 2016.Q3 worldwide gross sales for Mattel Girls & Boys brands were $967 million, down 9 percent as reported versus prior year’s Q3.Q3 worldwide gross sales for Barbie brand were down 6 percent as reported versus prior year's Q3.Q3 worldwide gross sales for Fisher-Price brands were $561.6 million, down 15 percent as reported versus prior year's q3.Plans to eliminate at least $650 million in net costs over next two years.  Full Article

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

BRIEF-Mattel Dirk Van De Put informed co that in light of his role as CEO of Mondelez, he would resign from co's board effective immediately​

* Mattel -‍ on Nov 17, Dirk Van De Put informed co that in light of his role as CEO of Mondelez, he would resign from co's board effective immediately​ Source text: (http://bit.ly/2zycPfz) Further company coverage: