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Mattel beats profit estimates on cost controls but trims annual sales forecast
Mattel lowered its full-year sales forecast on Wednesday as the Barbie parent heads into the crucial holiday shopping season against the backdrop of muted demand for toys.
Mattel Braces for Flat Toy Sales Ahead of Holiday Season
Mattel lowered its full-year sales forecast as the Barbie parent heads into the crucial holiday shopping season against the backdrop of muted demand for toys. The company now expects 2024 net sales to be in the range of flat to down slightly from last year’s $5.
Mattel shares climb as toy maker keeps profit outlook, forecasts ‘good holiday season’
Mattel Inc. reported mixed third-quarter results, as a drop in demand for Barbie toys weighed on sales overall — but management said it expects a solid holiday season ahead and a toy-centric film lineup that could help drive sales.
1d
Mattel's 'Barbie' Bump Turns Into A Slump
Mattel revised its full-year sales forecast downward after a drop in Barbie sales contributed to weaker than expected ...
2d
on MSN
Mattel Lifts Profit, Overcomes Barbie Sales Dip; Shares Jump
Mattel Inc., the manufacturer of Barbie and other popular toys, posted third-quarter profit that beat analysts’ estimates ...
1d
on MSN
Mattel, Hasbro lower guidance ahead of holiday season
Toy giants Mattel and Hasbro decreased 2024 guidance prior to the holiday season as toy sales continue to fall during the ...
2d
Toys aren’t just for kids. Mattel and other companies are embracing ‘kidults’
A growing number of adults who are buying toys for themselves, reclaiming memories from their childhood and showing off their ...
1d
Mattel’s Hold Rating: Balancing Strong Performance Against Cautious Outlook and Market Risks
Analyst Megan Alexander from Morgan Stanley maintained a Hold rating on Mattel (MAT – Research Report) and increased the price target to ...
3d
on MSN
Mattel and ‘Chicken Run’ Studio Aardman Team Up on Stop-Motion, Animated ‘Pingu’ Series
Mattel exec Josh Silverman spoke to THR about the company's mission to create shows that resonate with both adults and ...
Phoenix New Times
1d
Glendale Mattel Adventure Park opening delayed: What to know
You'll have to wait a little longer to ride Hot Wheels-themed roller coasters or hang out at Barbie's Beach House.
5d
on MSN
Mattel Set to Drive Into Premium Non-Pre School Series, Announce Dates for ‘Thomas & Friends’ Netflix Christmas Special
Delivering a leadership keynote at Mipcom’s MipJunior, Mattel’s Josh Silverman drills down on film-TV strategy post-‘Barbie.’ ...
1d
Mattel price target raised to $22 from $21 at Morgan Stanley
Morgan Stanley analyst Megan Alexander raised the firm’s price target on Mattel (MAT) to $22 from $21 and keeps an Equal Weight rating on ...
1d
Mattel and ITV Announce Brand New Game Show Pictionary Licensed by Paramount Global Content Distribution, hosted by Mel Giedroyc
Mattel, Inc., a leading global toy and family entertainment company and owner of one of the most iconic brand portfolios in ...
17h
Mattel and Outright Games release Barbie Project Friendship
Mattel and Outright Games today launched Barbie Project Friendship, on the PC and consoles. Players can join Barbie “Malibu” ...
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