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Mattel Inc (MAT.OQ)

MAT.OQ on NASDAQ Stock Exchange Global Select Market

17.02USD
21 Feb 2018
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Latest Key Developments (Source: Significant Developments)

Parnassus Investments Reports 6.22 Pct Passive Stake In Mattel
Monday, 12 Feb 2018 07:11am EST 

Feb 12 (Reuters) - Mattel Inc ::PARNASSUS INVESTMENTS REPORTS A 6.22 PERCENT PASSIVE STAKE IN MATTEL INC AS OF DECEMBER 31, 2017 - SEC FILING‍​.  Full Article

Mattel Appoints Ynon Kreiz As Chairman
Thursday, 8 Feb 2018 04:05pm EST 

Feb 8 (Reuters) - Mattel Inc ::MATTEL APPOINTS YNON KREIZ AS CHAIRMAN.MATTEL INC - KREIZ SUCCEEDS CHRISTOPHER A. SINCLAIR, EXECUTIVE CHAIRMAN OF MATTEL BOARD.  Full Article

Mattel reports Q4 adjusted loss $0.72 per share
Thursday, 1 Feb 2018 04:05pm EST 

Feb 1 (Reuters) - Mattel Inc ::MATTEL INC - Q4 REPORTED LOSS PER SHARE $0.82; Q4 ADJUSTED LOSS PER SHARE $0.72.MATTEL INC - QTRLY NET SALES $1,610.9 MILLION VERSUS $1,834.4 MILLION LAST YEAR.MATTEL INC - FOR Q4, NET SALES IN NORTH AMERICAN REGION DECREASED BY 17 PERCENT AS REPORTED AND IN CONSTANT CURRENCY.MATTEL INC - Q4 WORLDWIDE GROSS SALES FOR MATTEL GIRLS & BOYS BRANDS $1.1 BILLION, UP 1 PERCENT AS REPORTED, DOWN 2 PERCENT IN CONSTANT CURRENCY.MATTEL INC - Q4 WORLDWIDE GROSS SALES FOR THE BARBIE BRAND WERE UP 9 PERCENT AS REPORTED, UP 6 PERCENT IN CONSTANT CURRENCY.MATTEL INC - Q4 WORLDWIDE GROSS SALES FOR FISHER-PRICE BRANDS WERE $533.8 MILLION, DOWN 12 PERCENT AS REPORTED AND DOWN 14 PERCENT IN CONSTANT CURRENCY.MATTEL INC - CO TARGETING TO ACHIEVE GREATER PROPORTION OF $650 MILLION NET COST ELIMINATION INITIATIVE IN 2018.MATTEL - FY REPORTED LOSS PER SHARE NEGATIVELY IMPACTED BY NET NON-CASH CHARGE OF $457 MILLION FOR VALUATION ALLOWANCE ON U.S. DEFERRED TAX ASSETS, TAX REFORM.MATTEL INC <<>> Q4 SHR VIEW $0.17, REV VIEW $1.69 BLN -- THOMSON REUTERS I/B/E/S.  Full Article

Mattel Announces Pricing Of Private Offering Of Senior Notes Due 2025
Friday, 15 Dec 2017 04:33pm EST 

Dec 15 (Reuters) - Mattel Inc ::MATTEL, INC. ANNOUNCES PRICING OF PRIVATE OFFERING OF SENIOR NOTES DUE 2025.MATTEL INC - PRICED OFFERING OF $1 BILLION AGGREGATE PRINCIPAL AMOUNT OF 6.75% SENIOR NOTES DUE 2025.  Full Article

Mattel Says Continued Negative Trends Could Result in Gross Margin "Deterioration"
Monday, 11 Dec 2017 11:48am EST 

Dec 11 (Reuters) - Mattel Inc ::SAYS CONTINUED NEGATIVE TRENDS IN TOP LINE PERFORMANCE FOR REST OF YEAR COULD RESULT IN "ADDITIONAL GROSS MARGIN DETERIORATION" - SEC FILING.EXPECT TO INCUR ABOUT $200 MILLION OF COSTS, SPENT BETWEEN Q4 2017 AND END OF 2019 TO IMPLEMENT COST SAVINGS INITIATIVES‍​.SAYS ADVERTISING & PROMOTION EXPENSES IN FY 2017 ARE EXPECTED TO BE SLIGHTLY HIGHER THAN 2016 ON A GROSS DOLLAR BASIS.SAYS OPERATING INCOME MARGIN, EXCLUDING SEVERANCE EXPENSES, FOR Q4 EXPECTED TO BE "SIGNIFICANTLY" LOWER THAN Q4 2016.  Full Article

Mattel says intends to replace revolving credit facility with new $1.6 bln senior secured revolving credit facility
Monday, 11 Dec 2017 06:31am EST 

Dec 11 (Reuters) - Mattel Inc ::Mattel - intends to replace revolving credit facility with new $1.6 billion senior secured revolving credit facility.  Full Article

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

BRIEF-Parnassus Investments Reports 6.22 Pct Passive Stake In Mattel

* PARNASSUS INVESTMENTS REPORTS A 6.22 PERCENT PASSIVE STAKE IN MATTEL INC AS OF DECEMBER 31, 2017 - SEC FILING‍​ Source text: (http://bit.ly/2BmBXWp) Further company coverage: