NasdaqGS - Nasdaq Real Time Price USD

Mattel, Inc. (MAT)

18.36

-0.11

(-0.60%)

At close: April 26 at 4:00 PM EDT

18.10

-0.26

(-1.42%)

After hours: April 26 at 7:16 PM EDT

Toy industry is currently stuck in 'a weird spot': Expert

Toy giants Hasbro (HAS) and Mattel (MAT) reported their first-quarter earnings revealing declines in year-over-year sales. As consumers get hit with higher prices for food and gas, more pressing economic concerns may be interfering with toy sales. The Toy Book Editor-in-Chief and The Toy Insider Senior Editor James Zahn joins Wealth! to talk about the retail picture rising toy prices are painting for the broader US consumer. "The toy industry is in a weird spot right now because we're coming off of a couple of years with the pandemic. We had all of those sales booms that no one planned for, and then they started to dive down," Zahn explains. "That softness at the end of 2022 rolled into '23, and now we're seeing it again coming out of the first quarter of '24. The big things right now are that families are dealing with economic concerns. They're paying more for groceries. More for gas. The excitement at retail really isn't there because all of the newness hasn't come in yet. So we're still in kind of a wait-and-see until some of these new, exciting products start hitting towards the middle of the year. " For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino

Yahoo Finance Video yesterday

MAT
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HAS
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Why Mattel (MAT) is a Top Value Stock for the Long-Term

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Zacks yesterday

MAT
-0.60%
Mattel to Bring Three Channels to Samsung TV Plus

EL SEGUNDO, Calif. & NEW YORK, April 25, 2024--Mattel, Inc. (NASDAQ: MAT) has partnered with Samsung to deliver its first three 24/7 Free Ad Supported Streaming (FAST) channels on Samsung TV Plus, Samsung’s free TV streaming service. The Barbie and Friends, Hot Wheels Action, and Mattel Jr. channels are set to go live later this year and will be free to access from Samsung Smart TVs, Galaxy Devices and on the Web at www.samsungtvplus.com. The three new channels from Mattel will feature content i

Business Wire yesterday

MAT
-0.60%
Mattel (MAT) Q1 Earnings Beat, Revenues Miss, Stock Rises

Mattel's (MAT) first-quarter 2024 bottom line gains from increased margins and the repurchase of $100 million worth of shares during the quarter. It remains aligned with its annual targets.

Zacks 2 days ago

MAT
-0.60%
Why Mattel Stock Jumped This Morning

Investors appreciate the progress it's making toward profitability.

Motley Fool 2 days ago

MAT
-0.60%
Stocks to Watch Wednesday: Tesla, Boeing, Hasbro, Meta

**↗️** **Tesla (TSLA)**: The EV maker's quarterly profit plunged, but Chief Executive Elon Musk underscored Tesla's commitment to introducing less-expensive cars. That helped set the stock soaring nearly 10%.

The Wall Street Journal 2 days ago

HAS
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MAT
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TSLA
Mattel (MAT) Shares Skyrocket, What You Need To Know

Shares of toy manufacturing and entertainment company (NASDAQ:MAT) jumped 5.5% in the morning session after the company reported first quarter results that blew past analysts' EPS expectations. Its operating margin also outperformed Wall Street's estimates.

StockStory 2 days ago

MAT
-0.60%
Mattel, Inc. (NASDAQ:MAT) Q1 2024 Earnings Call Transcript

Mattel, Inc. (NASDAQ:MAT) Q1 2024 Earnings Call Transcript April 23, 2024 Mattel, Inc. beats earnings expectations. Reported EPS is $-0.08158, expectations were $-0.12. Mattel, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Thank you for standing by. My name […]

Insider Monkey 2 days ago

MAT
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Hasbro Pops on Strong Earnings. The Reason: ‘Turnaround Efforts.’

Hasbro stock was trading higher after the toy maker beat quarterly estimates for earnings and sales. Hasbro which makes Monopoly, Transformers, G.I. Joe, and other brands, posted first-quarter adjusted earnings per share of 61 cents, easily beating Wall Street’s call of 27 cents. Net revenue of $757.3 million was above the consensus call of $739.8 million, but fell from the $1 billion recorded a year ago, largely because of the divestiture of the company’s eOne film and television segment.

Barrons.com 2 days ago

HAS
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MAT
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Q1 2024 Mattel Inc Earnings Call

Q1 2024 Mattel Inc Earnings Call

Thomson Reuters StreetEvents 2 days ago

MAT
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Hasbro focuses on ‘high-profit partnerships’ to drive recovery as sales fall 24%

Excluding the sale of its eOne division, revenue was still down 9% in Q1, but the toy manufacturer swung to a profit.

Retail Dive 2 days ago

HAS
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Mattel Inc (MAT) Q1 2024 Earnings Call Transcript Highlights: Robust Margin Growth and ...

Amidst a slight sales dip, Mattel reports significant improvements in profitability and cash flow, with optimistic projections for major brands.

GuruFocus.com 2 days ago

MAT
-0.60%
Olympian Kristi Yamaguchi is 'tickled pink' to inspire a Barbie doll

Like many little girls, a young Kristi Yamaguchi loved playing with Barbie. With a schedule packed with ice skating practices, her Barbie dolls became her “best friends.” Yamaguchi, who became the first Asian American to win an individual figure skating gold medal, at the 1992 Winter Olympics, has been immortalized as a doll for Barbie's “Inspiring Women Series,” Mattel announced Wednesday.

Associated Press Finance 2 days ago

MAT
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Here's What Key Metrics Tell Us About Mattel (MAT) Q1 Earnings

Although the revenue and EPS for Mattel (MAT) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Zacks 3 days ago

MAT
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Mattel Inc (MAT) Q1 2024 Earnings: Narrower Losses and Margin Expansion Despite Sales Dip

Comparative Analysis Reveals Mixed Financial Performance Against Analyst Expectations

GuruFocus.com 3 days ago

MAT
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Mattel’s Sales Fall Short as Cost Cuts Aid Bottom Line

Mattel sales fell in the first quarter as demand for toys softened in international markets. International sales fell 4% year over year without accounting for currency fluctuations, the company said. Encouragingly, North American sales were up 2%, with growth across its three brands: Barbie, Hot Wheels, and Fisher-Price.

Barrons.com 3 days ago

MAT
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Mattel posts narrower loss than expected, sees demand improving

Mattel (MAT) Mattel posted mixed first quarter results. The toymaker reported an adjusted loss per share of $0.05, smaller than the $0.12 that was expected. Net sales were a little lighter than expected, $809.5 million versus an estimate of $831.8 million. Mattel CEO Ynon Kreiz said in the release "Trends in consumer demand for our product improved through the quarter and we expect to outpace the industry and gain market share in 2024." Yahoo Finance's Julie Hyman and Jared Blikre break down the report. For more expert insight and the latest market action, click here to watch this full episode.

Yahoo Finance Video 3 days ago

MAT
-0.60%
Mattel (NASDAQ:MAT) Misses Q1 Sales Targets

Toy manufacturing and entertainment company (NASDAQ:MAT) fell short of analysts' expectations in Q1 CY2024, with revenue flat year on year at $809.5 million. It made a GAAP loss of $0.08 per share, improving from its loss of $0.30 per share in the same quarter last year.

StockStory 3 days ago

MAT
-0.60%
Mattel Sales Miss Forecasts as ‘Barbie’ Boost Wanes

Toymaker Mattel sales slipped in its first quarter as the boom from last year’s “Barbie” movie eased. The company’s doll category, its largest by gross billings, which measures sales to retailers before adjustments, fell 4% in the first quarter. Gross billings for Barbie were roughly flat compared with a year earlier.

The Wall Street Journal 3 days ago

MAT
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Mattel Posts Narrower Loss, Thanks to Hot Wheels Growth and Lower Costs

(Bloomberg) -- Mattel Inc. shares rose in extended trading after the toymaker reported a smaller-than-expected first-quarter loss, benefiting from fast sales of its Hot Wheels miniature cars and lower costs.Most Read from BloombergTaylor Swift Is Proof That How We Critique Music Is BrokenBiden’s New Chopper Is Demoted After Scorching White House LawnTech Giants Roar as Tesla Spikes in Late Hours: Markets WrapTesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of EarningsBillionaire Pinaults Figh

Bloomberg 3 days ago

MAT
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HAS
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Performance Overview

Return	MAT	S&P 500
YTD	-2.75%	+6.92%
1-Year	+9.55%	+25.26%
3-Year	-12.78%	+22.00%

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Mattel, Inc. (MAT)

Toy industry is currently stuck in 'a weird spot': Expert

Why Mattel (MAT) is a Top Value Stock for the Long-Term

Mattel to Bring Three Channels to Samsung TV Plus

Mattel (MAT) Q1 Earnings Beat, Revenues Miss, Stock Rises

Why Mattel Stock Jumped This Morning

Stocks to Watch Wednesday: Tesla, Boeing, Hasbro, Meta

Mattel (MAT) Shares Skyrocket, What You Need To Know

Mattel, Inc. (NASDAQ:MAT) Q1 2024 Earnings Call Transcript

Hasbro Pops on Strong Earnings. The Reason: ‘Turnaround Efforts.’

Q1 2024 Mattel Inc Earnings Call

Hasbro focuses on ‘high-profit partnerships’ to drive recovery as sales fall 24%

Mattel Inc (MAT) Q1 2024 Earnings Call Transcript Highlights: Robust Margin Growth and ...

Olympian Kristi Yamaguchi is 'tickled pink' to inspire a Barbie doll

Here's What Key Metrics Tell Us About Mattel (MAT) Q1 Earnings

Mattel Inc (MAT) Q1 2024 Earnings: Narrower Losses and Margin Expansion Despite Sales Dip

Mattel’s Sales Fall Short as Cost Cuts Aid Bottom Line

Mattel posts narrower loss than expected, sees demand improving

Mattel (NASDAQ:MAT) Misses Q1 Sales Targets

Mattel Sales Miss Forecasts as ‘Barbie’ Boost Wanes

Mattel Posts Narrower Loss, Thanks to Hot Wheels Growth and Lower Costs

Performance Overview