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Mattel Inc (MAT.OQ)

MAT.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Hasbro makes takeover approach to Mattel - CNBC citing , Dow Jones
Saturday, 11 Nov 2017 

Nov 10 (Reuters) - :Hasbro makes takeover approach to Mattel - CNBC citing , Dow Jones.  Full Article

Southeastern Asset Management reports 10.2 pct passive stake in Mattel
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Southeastern Asset Management Inc​::Southeastern Asset Management Inc​ reports 10.2 percent passive stake in Mattel Inc as of Oct 30 - SEC filing.  Full Article

Mattel Q3 loss per share $1.75
Friday, 27 Oct 2017 

Oct 26 (Reuters) - Mattel Inc :Q3 loss per share $1.75; Q3 adjusted earnings per share $0.09.Q3 net sales $1.56 billion versus $1.8 billion.Q3 sales performance negatively impacted by Toys "R" Us bankruptcy, tighter retailer inventory management.suspends qtrly dividend, previously $0.15/share, expected to result in additional liquidity of about $50 million per quarter.Inventories at the end of Q3 2017 $990 million versus $910.5 million at the end of Q3 2016.Q3 worldwide gross sales for Mattel Girls & Boys brands were $967 million, down 9 percent as reported versus prior year’s Q3.Q3 worldwide gross sales for Barbie brand were down 6 percent as reported versus prior year's Q3.Q3 worldwide gross sales for Fisher-Price brands were $561.6 million, down 15 percent as reported versus prior year's q3.Plans to eliminate at least $650 million in net costs over next two years.  Full Article

Lexibook Linguistic Electronic System signs licensing agreement with Larousse and Mattel
Friday, 19 May 2017 

May 19 (Reuters) - LEXIBOOK LINGUISTIC ELECTRONIC SYSTEM SA :SIGNS LICENSING AGREEMENT WITH LAROUSSE AND MATTEL.AGREEMENT IS FOR THE SCRABBLE BRAND AND THE OFFICIAL DICTIONARY FOR THE GAME.  Full Article

Mattel director Scarborough reports purchase of 47,000 shares of co's common stock on April 24
Thursday, 27 Apr 2017 

April 26 (Reuters) - Mattel Inc :Mattel Inc <<>> director Dean Scarborough reports purchase of 47,000 shares of co's common stock on April 24 at $21.95 per share - SEC filing.  Full Article

Mattel expands presence in South Korea
Tuesday, 11 Oct 2016 

Mattel Inc: Mattel expands presence in South Korea . Has finalized strategic relationships with Choirock Contents Factory Co Ltd and Sonokong Co Ltd . Mattel - in deal with Choirock, co will serve as master toy licensee for turning Mecard franchise, currently no.1 toy franchise in South Korea by sales . Mattel inc- transaction is expected to be completed later this month . Mattel inc- has also entered into a definitive agreement to acquire a 12% equity stake in Sonokong, a publicly-traded company listed on Korea exchange . Mattel-Choirock will continue to distribute, manage turning mecard franchise in Korea, while co will hold right to introduce franchise in other markets . Mattel-Mattel and Sonokong have entered into strategic agreement in which Sonokong will serve as Mattel's primary distribution partner in South Korea .Agreement with Sonokong applies to Co's entire product portfolio, excluding games.  Full Article

Mattel files for potential notes offering
Tuesday, 2 Aug 2016 

Mattel Inc :Files for potential notes offering; size not disclosed - SEC filing.  Full Article

Mattel Inc Q2 loss per share $0.06
Thursday, 21 Jul 2016 

Mattel Inc : Q2 loss per share $0.06, Q2 adjusted loss per share $0.02, Q2 net sales $957.3 million versus $988.2 million last year . Q2 worldwide gross sales for Mattel Girls & Boys brands were $553.7 million, down 8% as reported, down 5% in constant currency, versus prior year . "Remain broadly on track with our outlook for the year" . FY2016 earnings per share view $1.37, revenue view $5.54 billion -- Thomson Reuters I/B/E/S . Gross margin decreased 260 basis points in quarter, driven mainly by the negative impact from changes in currency exchange rates . Q2 worldwide gross sales for Fisher-Price brands were $346.3 million, up 3% as reported, and 6% in constant currency, versus prior year .Q2 earnings per share view $-0.05, revenue view $936.6 million -- Thomson Reuters I/B/E/S.  Full Article

Mattel awarded Jurassic World license
Tuesday, 19 Jul 2016 

Mattel Inc : Mattel awarded Jurassic World license . Mattel will design, produce and bring to market a wide variety of toys and consumer products inspired by franchise . License rights include wide variety of products, including action figures, play-sets, vehicles, games, plush, role-play, preschool, activity toys . Awarded worldwide master toy licensee for Jurassic World beginning in july 2017 .Mattel and NBC Universal will begin to design and develop new lines immediately, with initial products hitting shelves in early 2018.  Full Article

Mattel Incdeclares quarterly dividend
Thursday, 21 Apr 2016 

Mattel Inc:Board declared a 2016 second quarter cash dividend of $0.38 per share, which is flat compared to the second quarter of 2015.  Full Article

Deals of the day-Mergers and acquisitions

Nov 16 The following bids, mergers, acquisitions and disposals were reported by 1400 GMT on Thursday: