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The Latest Breaking News from MAT

Mattel Q1 Earnings Smashes Estimates; Reiterates 2022, 2023 Goals

Mattel Inc (NASDAQ:MAT) reported first-quarter FY22 sales growth of 19% year-on-year, to $1.04 billion, beating the consensus of $917.95 million. North America segment sales rose 26% Y/Y, and International sales grew 16%. Worldwide Gross Billings for Dolls increased 4% Y/Y, Infant, Toddler, and Preschool rose 12%, Vehicles jumped 31%, and Action Figures, Building…

Benzinga · Apr 28, 2022

Mattel Sets Goal To Slash Plastic Packaging By 25% Per Product By 2030

Mattel Inc (NASDAQ:MAT) plans to reduce plastic packaging by 25% per product by 2030. The new goal is featured in the company's 2021 Citizenship Report, providing a progress update on the Environmental, Social, and Governance (ESG) strategy. Also Read: Why Mattel Shares Are Trading Higher Today Mattel's ESG strategy and goals are organized into…

Benzinga · Apr 27, 2022

Why Mattel Shares Are Trading Higher Today

Benzinga · Apr 27, 2022

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Preview: Mattel's Earnings

Mattel (NASDAQ:MAT) is set to give its latest quarterly earnings report on Wednesday, 2022-04-27. Here's what investors need to know before the announcement. Analysts estimate that Mattel will report an earnings per share (EPS) of $-0.04.

Benzinga · Apr 26, 2022

Mattel Debuts Barbie Version Of Queen Elizabeth

As Queen Elizabeth II celebrates her 96th birthday, Mattel Inc. (NASDAQ: MAT) has issued a new Barbie doll inspired by the British monarch.

Benzinga · Apr 21, 2022

Is Mattel a Winner in the Toy Industry?

Shares of leading toymaker Mattel (MAT) are up in price marginally year-to-date, outperforming the benchmark indexes’ negative returns so far this year. Investors have been bullish about the company’s strategic business transformation and nearshoring efforts. However, with nearly $50 million in Capex recently, will the company be able to maintain…

StockNews.com · Apr 11, 2022

Education union criticises ‘badly flawed’ evidence behind academy drive

National Education Union found ‘no compelling reason’ for all schools in England to join academy trusts

The Guardian - UK · Mar 30, 2022

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Mattel Inks Licensing Agreement For DreamWorks Animation's Trolls Franchise

Mattel Inc (NASDAQ:MAT) has entered into a multi-year global licensing agreement with Universal Brand Development for DreamWorks Animation's Trolls, an animated franchise. DreamWorks Animation is a division of the Universal Filmed Entertainment Group, within NBCUniversal, a subsidiary of Comcast Corp (NASDAQ:CMCSA). Under the agreement, Mattel will have the licensing rights to develop a full line of toys…

Benzinga · Mar 29, 2022

Councils allowed to set up academy trusts in shake-up of schools system

White paper could pave way for independent regulator, while ‘parent pledge’ dismissed as gimmick

The Guardian - UK · Mar 27, 2022

Council members ask for environmental reviews on city bids

Ald. Sigcho-Lopez and six other alderpersons sent a letter to Chicago officials following a McKinley Park asphalt plant’s bid for $500 million in city work.

Chicago Sun-Times · Mar 22, 2022

McKinley Park asphalt maker seeking $500 million in city work — alarming residents

Community organizers say more production will mean more air pollution from MAT Asphalt, but the plant’s owner, Michael Tadin, says the concerns are exaggerated.

Chicago Sun-Times · Mar 2, 2022

Recap: Mattel Q4 Earnings

Mattel (NASDAQ:MAT) reported its Q4 earnings results on Wednesday, February 9, 2022 at 04:05 PM. Here's what investors need to know about the announcement. Earnings Mattel beat estimated earnings by 76.67%, reporting an EPS of $0.53 versus an estimate of $0.3.

Benzinga · Feb 9, 2022

Mattel Wins Back Frozen And Disney Princess Rights: Why Investors Are Cheering

Disney Princess and Frozen toys are a lucrative business line for The Walt Disney Co (NYSE: DIS) and also for whomever lands the licensing rights to the popular brands.

Benzinga · Jan 28, 2022

Mattel Inks Multi-Year Licensing Agreement For Disney Princess And Frozen Franchises

Mattel Inc (NASDAQ:MAT) has signed a multi-year global licensing agreement with Walt Disney Co (NYSE:DIS) for the Disney Princess and Frozen franchises. The financial terms were not disclosed. Mattel will have the global licensing rights to develop lines of toys for Disney Consumer Products, Games and Publishing, including fashion dolls, small dolls, and figures. Mattel…

Benzinga · Jan 26, 2022

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Chicago Sun-Times · Jan 22, 2022

MAT Asphalt says its air pollution is below state limits

A company consultant’s report, under review by the Illinois EPA, doesn’t satisfy a community group that wants the plant shut down.

Fortune · Mar 9, 2016

How the Barbie Doll Has Changed Her Body Over 57 Years

On her birthday, Fortune takes a look at Barbie's evolution.

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