Mattel Stock News

Linda Bolton Weiser, D.A. Davidson senior analyst, joins 'Power Lunch' to discuss holiday season red flags.

Toymakers Hasbro, Inc. (NASDAQ:HAS) and Mattel Inc (NASDAQ:MAT) are plummeting this afternoon, after both warned of a weak holiday season with slumping sales in their latest quarterly reports.

Mattel reported a 9% sales increase, while Hasbro saw a decline. Mattel didn't raise its full-year revenue guidance despite strong sales from Barbie and Hot Wheels.

Shares of Mattel (MAT) and Hasbro (HAS) plummeted in early trading on Thursday as the two toymakers warned of soft sales during the key holiday shopping season.

While Mattel, Inc (NASDAQ:MAT) reported an impressive 24% year-over-year increase in doll sales for the third quarter driven by the success of the Barbie movie, concerns about a slowdown in the toy

Hasbro and Mattel face a challenging fourth quarter, as both toy makers lowered their sales outlook for toys.

Multinational toy manufacturer Mattel (MAT) beat third-quarter earnings estimates on the top and bottom lines. Mattel Chairman and CEO Ynon Kreiz attributes much of this explosive success to the popul

In the playful world of toys, Mattel wound up its engines and announced a 9% increase in its third-quarter 2023 net sales, reaching $1.92 billion, with Barbie being the star of the show, alongside Hot

Barbie maker Mattel said sales of its iconic doll jumped 14% in the latest quarter thanks to the “Barbie” box-office blockbuster starring Margot Robbie and Ryan Gosling.

Stocks were poised for another day of declines Thursday. Hasbro and Mattel both cited concerns about the upcoming holiday season.

Shares of Endeavor Group Holdings Inc. EDR, -1.99% surged 21% after private-equity giant Silver Lake said it was considering a plan to take the sports and entertainment company private, right after En

While the top- and bottom-line numbers for Mattel (MAT) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare

Call Start: 17:00 January 1, 0000 6:01 PM ET Mattel, Inc. (NASDAQ:MAT ) Q3 2023 Earnings Conference Call October 25, 2023 17:00 ET Company Participants David Zbojniewicz - Head of Investor Relations Y

Mattel (MAT) came out with quarterly earnings of $1.08 per share, beating the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.82 per share a year ago.

Mattel beat expectations for sales and earnings in the third quarter but investors reacted by sending the stock price down more than 7% in after hours trading.