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Mattel /Ca/ Pred Inc (MAT.OQ)

MAT.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Mattel Sees Gross Sales To Be Flat In Constant Currency In 2019
Saturday, 16 Feb 2019 

Feb 15 (Reuters) - Mattel Inc ::MATTEL INC - 2019 GROSS SALES EXPECTED TO BE FLAT IN CONSTANT CURRENCY.MATTEL INC - Q1 2019 GROSS SALES EXPECTED TO BE LOWER THAN Q1 2018.MATTEL INC - FX TO HAVE A LOW-SINGLE DIGIT NEGATIVE IMPACT TO 2019 GROSS SALES.MATTEL SAYS BASED ON CONSTANT CURRENCY, SEES CONTINUED GROWTH IN BARBIE 2019 GROSS SALES (THOUGH NOT TO EXTENT OF 2018) .MATTEL INC SAYS BEGINNING IN Q1 2019, CO'S REPORTING WILL INCLUDE CATEGORY BREAKOUTS - PRESENTATION.MATTEL INC - INCREASING STRATEGIC INVESTMENTS TO ABOUT $100 MILLION IN 2019.MATTEL - FOR 2019, CO WILL CONTINUE TO BREAK OUT OWNED / PARTNER BRANDS AND BARBIE, HOT WHEELS, AMERICAN GIRL, AND FISHER-PRICE AND THOMAS GROSS SALES.MATTEL INC SAYS 2019 GROSS SALES EXPECTED TO BE FLAT, PRIMARILY DRIVEN BY BARBIE AND HOT WHEELS, OFFSET BY THOMAS AND AMERICAN GIRL.MATTEL INC - 2019 GROSS MARGIN IMPROVEMENT EXPECTED TO BE IN THE LOW 40’S.MATTEL - EXPECT TO ADVANCE CO'S MANUFACTURING FOOTPRINT TOWARD A CAPITAL-LIGHT MODEL DURING 2019, WITH BENEFIT FIRST EXPECTED IN 2020.MATTEL INC SEES 2019 CAPEX ROUGHLY IN-LINE WITH 2018 - PRESENTATION.MATTEL INC SEES 2019 ADJUSTED EBITDA ABOUT $350 MILLION TO $400 MILLION.MATTEL INC SEES 2019 SEVERANCE AND RESTRUCTURING CHARGES OF ABOUT $50 MILLION.MATTEL INC SEES 2019 ADJUSTED OPERATING INCOME TO BE SLIGHTLY POSITIVE.MATTEL - TO ADVANCE CO'S MANUFACTURING FOOTPRINT TOWARD A CAPITAL-LIGHT MODEL DURING 2019; TRANSITION EXPECTED TO IMPROVE GROSS MARGIN IN 2020.  Full Article

Mattel Names Adam Bonnett, Executive Producer, Mattel Television
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - Mattel Inc ::MATTEL NAMES ADAM BONNETT, EXECUTIVE PRODUCER, MATTEL TELEVISION.MATTEL INC - MOST RECENTLY, BONNETT LED ORIGINAL PROGRAMMING AT DISNEY CHANNELS WORLDWIDE.  Full Article

Barbie And National Geographic Announce Global Licensing Agreement
Thursday, 31 Jan 2019 

Mattel Inc ::BARBIE AND NATIONAL GEOGRAPHIC ANNOUNCE GLOBAL LICENSING AGREEMENT.MATTEL - AGREEMENT BETWEEN BARBIE BRAND AND NATIONAL GEOGRAPHIC TO CREATE A PRODUCT LINE CENTERED AROUND EXPLORATION, SCIENCE, CONSERVATION, RESEARCH.MATTEL INC - BARBIE AND NATIONAL GEOGRAPHIC CO-BRANDED PRODUCT LINE WILL BE AVAILABLE AT RETAILERS NATIONWIDE STARTING IN FALL 2019.  Full Article

Franklin Resources, Inc Reports 8.8 Percent Passive Stake In Mattel Inc As Of Dec 31, 2018
Tuesday, 29 Jan 2019 

Jan 28 (Reuters) - :FRANKLIN RESOURCES, INC REPORTS 8.8 PERCENT PASSIVE STAKE IN MATTEL INC AS OF DEC 31, 2018 - SEC FILING.  Full Article

Mattel Says On Dec 14 Entered Amendment To The Syndicated Facility Agreement, Dated As Of December 20, 2017
Thursday, 20 Dec 2018 

Dec 19 (Reuters) - Mattel Inc ::MATTEL INC - ON DEC 14 ENTERED AMENDMENT TO THE SYNDICATED FACILITY AGREEMENT, DATED AS OF DECEMBER 20, 2017 - SEC FILING.MATTEL- AMENDS SOME EXISTING CREDIT AGREEMENT TERMS THAT HAS EXPANSION OF ELIGIBILITY CRITERIA FOR ACCOUNTS RECEIVABLE, INVENTORY IN BORROWING BASE.MATTEL INC - AMENDMENT DOES NOT CHANGE TOTAL REVOLVING COMMITMENTS OR MATURITY UNDER EXISTING CREDIT AGREEMENT.  Full Article

Mattel Expects Full Year Top Line Decline To Be Similar To Prior Year
Friday, 26 Oct 2018 

Oct 25 (Reuters) - Mattel Inc ::CEO - TAKING ACTION TO MITIGATE SLOWING BUSINESS IN CHINA - CONF CALL.EXPECTS FULL YEAR TOP LINE DECLINE TO BE SIMILAR TO PRIOR YEAR - CONF CALL.REMAIN CONFIDENT THAT SECOND HALF GROSS MARGIN WILL BE IN LOW 40S AND CONTINUE TO EXPECT FY GROSS MARGIN TO BE IN HIGH 30S.CFO - EXPOSURE TO SEARS BANKRUPTCY IS "INSIGNIFICANT" - CONF CALL.CFO - EXPECT 2018 STRATEGIC INVESTMENT SPEND TO BE ABOUT $60 MILLION- CONF CALL.LESS THAN TWO THIRD OF CO'S TOYS SOLD IN U.S. ARE IMPORTED FROM CHINA - CONF CALL.MAJORITY OF HOT WHEELS AND BARBIE PRODUCTS ARE NOT MANUFACTURED IN CHINA - CONF CALL.  Full Article

Mattel Reports Q3 EPS $0.02 And Q3 Adj EPS $0.18
Friday, 26 Oct 2018 

Oct 25 (Reuters) - Mattel Inc ::MATTEL QTRLY EARNINGS PER SHARE $0.02; QTRLY ADJUSTED EARNINGS PER SHARE $0.18.MATTEL QTRLY NET SALES $1.44 BILLION, DOWN 6 PERCENT IN CONSTANT CURRENCY.Q3 EARNINGS PER SHARE VIEW $0.20, REVENUE VIEW $1.49 BILLION -- THOMSON REUTERS I/B/E/S.MATTEL - QTRLY REPORTED GROSS MARGIN IMPROVED TO 42.6 PERCENT IN 2018 FROM 41.5 PERCENT IN 2017.MATTEL - QTRLY NET SALES IN NORTH AMERICA SEGMENT UP 4 PERCENT AS REPORTED.MATTEL - ACTIVELY EXPLORING STRATEGIC ALTERNATIVES FOR MANUFACTURING FOOTPRINT AS IT MOVES TOWARD A "CAPITAL-LIGHT MODE".MATTEL – QTRLY GROSS SALES DOWN 4 PERCENT IN CONSTANT CURRENCY, REFLECTING NEGATIVE IMPACT FROM TOYS “R” US LIQUIDATION, SLOWDOWN IN CHINA BUSINESS.MATTEL – BY REGION, QTRLY DECREASE IN INTERNATIONAL SEGMENT GROSS SALES AS REPORTED DRIVEN BY LOWER SALES IN CHINA, EUROPE.MATTEL – QTRLY GROSS SALES FOR BARBIE BRAND UP 17 PERCENT IN CONSTANT CURRENCY.MATTEL - QTRLY GROSS SALES FOR FISHER-PRICE AND THOMAS & FRIENDS BRANDS DOWN 10 PERCENT IN CONSTANT CURRENCY.MATTEL - REMAIN ON TRACK TO ACHIEVE OR EXCEED $650 MILLION RUN-RATE SAVINGS EXITING 2019.MATTEL - EXPECT TO DELIVER ANNUAL RUN-RATE SAVINGS OF OVER $500 MILLION EXITING 2018.  Full Article

Mattel CEO Says North America Sales Expected To Fall In Q4
Friday, 26 Oct 2018 

Oct 25 (Reuters) - Mattel Inc ::MATTEL CEO SAYS NORTH AMERICA SALES EXPECTED TO FALL IN Q4.MATTEL CEO SAYS IMPACT FROM TOYS 'R' US LIQUIDATION TO SUBSIDE IN 2019.  Full Article

Mattel Launches New Theatrical Film Division
Friday, 7 Sep 2018 

Sept 6 (Reuters) - Mattel Inc ::MATTEL LAUNCHES NEW THEATRICAL FILM DIVISION.MATTEL INC - NEW THEATRICAL FILM DIVISION TO DEVELOP MOTION PICTURES BASED ON MATTEL'S FRANCHISES.MATTEL INC - ROBBIE BRENNER, PRODUCER OF DALLAS BUYERS CLUB, APPOINTED TO OVERSEE NEW THEATRICAL FILM DIVISION.  Full Article

Mattel Announces Creation Of A New Division Called Global Franchise Management Group
Friday, 31 Aug 2018 

Aug 30 (Reuters) - Mattel Inc ::MATTEL LAUNCHES GLOBAL FRANCHISE MANAGEMENT GROUP TO EXTEND MATTEL BRANDS TO CONSUMER PRODUCTS, CONTENT DISTRIBUTION, DIGITAL GAMING.MATTEL INC - JANET HSU WILL JOIN MATTEL IN NEWLY-CREATED ROLE OF CHIEF FRANCHISE MANAGEMENT OFFICER.MATTEL INC - NEW DIVISION TO UNIFY SEVERAL KEY FUNCTIONS, INCLUDING BUSINESS DEVELOPMENT, CONSUMER PRODUCTS, CONTENT, DIGITAL GAMING AND LIVE EVENTS.  Full Article

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Mattel warns of weak 2019, shares drop most in 20 years

Mattel Inc on Friday issued a disappointing 2019 forecast and said demand for its iconic Barbie doll was slowing, triggering an 18 percent drop in its shares, their worst day in nearly two decades. | Video