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The Latest Breaking News from Ynon Kreiz

Trump comes for Barbie: Mattel lays bare the impact of global tariffs as holiday shopping begins

It is the first time that Mattel has missed on both earnings and revenue expectations in three financial quarters

The Independent UK

Mattel Stock Drops After Q3 Earnings: Here's Why

Mattel, Inc. (NASDAQ:MAT) shares fell after the company missed earnings and revenue estimates in its third-quarter financial report after Tuesday's closing bell.

Benzinga

Trump orders Walmart to ‘eat the tariffs’ and stop blaming his trade war for rising prices: ‘I’ll be watching’

President lashes out at world’s largest retailer despite claiming his tariffs are tax on foreign countries not U.S. consumers

The Independent UK

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Even Hot Wheels Could Get a Price Hike From Trump's Tariffs

Hot Wheels toys could become far more expensive if President Trump has his way. On Thursday, the President threatened to enact a 100-percent tariff on Mattel, Hot Wheels' parent company, after its CEO promised to diversify its production to other countries (but not the United States).

Motor1

Unusual Options Activity: 3 Long Straddles to Play From Thursday’s Top 100

There were 1,291 unusually active options in Thursday trading. The top 100’s Vol/OI ratios ranged from a high of 294.34 to a low of 10.60. Three of the top 10o are possible long straddles.

Barchart

Trump threatens Mattel with 100% tariffs as doll fallout escalates: ‘He won’t sell one toy in the US’

Mattel CEO said tariffs will not increase toy production inside the US

The Independent UK

Barbie maker raises prices due to Trump tariffs as Ford warns of $1.5bn cost

Toy company Mattel says it will reduce imports into the US from China to below 15% by 2026

The Guardian - UK

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Mattel Turns To AI As Toy Sales Soften Ahead of Holiday Season

'We see AI as a tool, as an opportunity to elevate our creativity even more than we have done in the past,' chairman and CEO Ynon Kreiz said.

International Business Times

Barbie maker Mattel sued for reneging on $49m donation to children’s hospital

Mattel is accused of failing to follow through on a $49m donation pledge to UCLA’s children’s hospital

The Independent UK

Global success of Barbie film drives up sales at Mattel

US toymaker says strong quarter reflects strategy to expand entertainment offering

The Guardian - UK

Mattel CEO says the brand will no longer be confined to toys: ‘We are here to build film franchises’

Ynon Kreiz said the company would shift its focus after the blockbuster success of Greta Gerwig’s Barbie this summer.

Fortune

Is There Going To Be A Barbie Sequel? We Asked Margot Robbie And Greta Gerwig The Big Question

After the immense success of Margot Robbie and Greta Gerwig's Barbie, fans are already wondering whether there will be a sequel.

Pedestrian.tv

Moviegoers Have All The Jokes After A Post-Barbie Polly Pocket Movie Was Announced

After the success of the Barbie movie, Mattel announced a Polly Pocket film, and the internet has some thoughts.

Cinemablend

Mattel tried to report financials. All anyone wanted to talk about was 'Barbie'

Mattel reported financial earnings Wednesday. Impacts from the Barbie movie remain to be seen, but she still stole the show.

WEKU

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Zenger

Mattel Beats Earnings Estimates, Sees Potential In Barbie Movie

Toy company reports Q2 earnings per share of 10 cents, exceeding expectations; anticipates further monetization of IP

Fortune

How Mattel's CEO dove into a culturally-challenged company losing hundreds of millions a year and emerged with a Barbie box office phenomenon

“I took our portfolio of iconic franchises in children and family entertainment to be an incredible opportunity to extend the company outside of the toy aisle."

Evening Standard

It looks like Mattel’s new adventure park is set for a 2024 opening

The toy company hopes to recreate Barbie’s projected success using its many famous IPs

Total Film

A complete history of the Barbie movies that could have been

As Margot Robbie's comedy hits cinemas, we look at the history of the Barbie movies that didn't make it

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Fortune

Thanks to Mattel CEO Ynon Kreiz, it’s a Barbie world this summer

What's it like to have Will Ferrell play you in a movie?

Fortune

'Sapiens' author warns that A.I. could erode trust and kill all democracies

He wants to impose strict penalties on developers of runaway A.I.

Marie Claire

Margot Robbie says she would have turned down Barbie if they didn't make this change

"If they hadn’t made that change... I don’t think I would have wanted to attempt to make a Barbie film."

Los Angeles Times

Mattel lays off workers, including at corporate headquarters

Toy industry giant Mattel Inc. is laying off employees, including 93 workers at the company's El Segundo, California, headquarters, according to a notice filed with the state Employment Development Department.

Benzinga

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…

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