Edition:
United States

Mattel Inc (MAT.O)

MAT.O on Nasdaq

16.09USD
22 Jan 2018
Change (% chg)

$-0.05 (-0.31%)
Prev Close
$16.14
Open
$16.08
Day's High
$16.21
Day's Low
$15.81
Volume
8,221,543
Avg. Vol
10,177,751
52-wk High
$31.60
52-wk Low
$12.71

Latest Key Developments (Source: Significant Developments)

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

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

BRIEF-DHX Media And Mattel Strike Multiple International Deals For Fireman Sam And Bob The Builder

* DHX MEDIA AND MATTEL STRIKE MULTIPLE INTERNATIONAL DEALS FOR FIREMAN SAM AND BOB THE BUILDER