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A holiday boost in toy sales wasn't enough to make up for sales declines during the rest of the year, leaving Mattel MAT to end 2023 with full-year net sales down 1% in constant currency, compared to
It has been a good year for Mattel, and the toy giant is looking to capitalize on the recent surge in enthusiasm to drive digital and direct-to-consumer (D2C) sales. In a presentation shared with anal
Mattel (MAT) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.18 per share a year ago.
Toy maker Mattel Inc. on Wednesday reported fourth-quarter results that missed expectations, and the company said it planned to cut costs this year while continuing to buy back stock.
Mattel missed market estimates for holiday-quarter sales and profit, and forecast tepid 2024 sales on Wednesday as soft demand for toys overshadows gains from its blockbuster movie "Barbie".
The management change was made to match the company's plans for the infant and toddler category, a Mattel spokesperson said.
Gap Inc. on Monday said it had appointed fashion designer Zac Posen as the clothing retailer's new creative director and chief creative officer of Old Navy, part of the chain's search for greater rele
Mattel's (MAT) fourth-quarter performance is likely to have benefited from a robust product line-up, IP-driven strategy and cost-control efforts.

Analyst: Don't Buy the Hype on Mattel Stock

09:04am, Monday, 05'th Feb 2024
MAT is vulnerable to downgrades that could weigh on the stock
Mattel (NASDAQ: MAT ) stock is a hot topic on Friday after activist investor Barrington Capital expressed interest in making changes at the family entertainment company. Barrington Capital takes issue
Move over Ken, Barbie has a new suitor. New York-based investment company Barington Capital Group has built an undisclosed stake in Barbie-owner Mattel and wants to swoop in to create value for shareh
Mattel shares trade at the same levels they did more than 20 years ago, but jumped on the news.
Barbie owner Mattel is in the crosshairs of activist investors who want the toy maker to cash in on the success of the blockbuster film and shake up the business. Barington Capital said it had built u
Shares of Mattel MAT, +2.12% traded higher late on Thursday after The Wall Street Journal reported activist investor Barington Capital had built an undisclosed stake in the company.
Activist investor Barington Capital wants Mattel to consider strategic alternatives for its American Girl dolls and Fisher-Price toys.
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