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Mattel Inc (MAT.OQ)

MAT.OQ on NASDAQ Stock Exchange Global Select Market

15.29USD
15 Aug 2018
Change (% chg)

$-0.27 (-1.74%)
Prev Close
$15.56
Open
$15.45
Day's High
$15.52
Day's Low
$15.11
Volume
657,306
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1,178,617
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$19.20
52-wk Low
$12.24

Latest Key Developments (Source: Significant Developments)

Mattel Inc Posts Q2 Adjusted Loss Per Share $0.56
Wednesday, 25 Jul 2018 

July 25 (Reuters) - Mattel Inc ::Q2 LOSS PER SHARE $0.70; Q2 ADJUSTED LOSS PER SHARE $0.56.Q2 NET SALES $840.7 MILLION VERSUS $974.5 MILLION.Q2 EARNINGS PER SHARE VIEW $-0.30, REVENUE VIEW $851.8 MILLION -- THOMSON REUTERS I/B/E/S.CO HAD CHALLENGING Q2 DRIVEN PRIMARILY BY TOYS “R” US LIQUIDATION.SAW "STRONG" PERFORMANCE BY BARBIE AND HOT WHEELS IN Q2.CO'S 2-YEAR $650 MILLION 'STRUCTURAL SIMPLIFICATION' PROGRAM IS ON-TRACK.EXPECT FY ADJUSTED SG&A TO BE BETTER THAN CO'S OUTLOOK PROVIDED EARLIER.GROSS MARGIN WAS CHALLENGED IN H1, BUT SEES "SIGNIFICANT" SEQUENTIAL IMPROVEMENT IN H2.MATTEL - ANNOUNCED REDUCTION OF OVER 2,200 JOBS, ABOUT 22 PERCENT OF NON-MANUFACTURING WORKFORCE UNDER COST SAVINGS PROGRAM.MATTEL - Q2 WORLDWIDE GROSS SALES FOR MATTEL POWER BRANDS $619.4 MILLION, DOWN 2 PERCENT.Q2 WORLDWIDE GROSS SALES FOR BARBIE BRAND UP 12 PERCENT.MATTEL - Q2 WORLDWIDE GROSS SALES FOR FISHER-PRICE AND THOMAS & FRIENDS BRANDS DOWN 14 PERCENT AS REPORTED.  Full Article

Mattel Enters Amendment To Syndicated Facility Agreement Dated Dec 20
Friday, 1 Jun 2018 

June 1 (Reuters) - Mattel Inc ::MATTEL INC - ON JUNE 1, ENTERED INTO AN AMENDMENT TO SYNDICATED FACILITY AGREEMENT, DATED AS OF DECEMBER 20, 2017 - SEC FILING.MATTEL - AMENDMENT AMENDS CERTAIN TERMS OF EXISTING CREDIT AGREEMENT, INCLUDING, BUT NOT LIMITED TO, MATURITY DATE THEREOF.MATTEL INC - EACH OF FACILITIES UNDER CREDIT AGREEMENT WILL NOW MATURE, AND LENDING COMMITMENTS THEREUNDER WILL NOW TERMINATE, ON JUNE 1, 2021.  Full Article

Mattel CEO Margo Georgiadis In Talks To Leave Company- WSJ
Thursday, 19 Apr 2018 

April 19 (Reuters) - :MATTEL CEO MARGO GEORGIADIS IN TALKS TO LEAVE THE COMPANY- WSJ, CITING SOURCES.  Full Article

Mattel Says Co Entered Into Certain Foreign Joinder Agreements To Syndicated Facility Agreement
Tuesday, 3 Apr 2018 

April 3 (Reuters) - Mattel Inc ::ON MARCH 28 & MARCH 29, CO ENTERED INTO CERTAIN FOREIGN JOINDER AGREEMENTS TO SYNDICATED FACILITY AGREEMENT DATED AS OF DECEMBER 20, 2017.MATTEL SAYS AGREEMENTS TO SYNDICATED FACILITY AGREEMENT PROVIDES FOR $1.6 BLN OF SENIOR SECURED REVOLVING CREDIT FACILITIES -SEC FILING.  Full Article

Mattel Says Juliana Chugg Transitioned From Chief Brand Officer To Executive Advisor
Friday, 2 Mar 2018 

March 2 (Reuters) - Mattel Inc ::MATTEL SAYS JULIANA CHUGG TRANSITIONED FROM THE ROLE OF CHIEF BRAND OFFICER TO THE ROLE OF EXECUTIVE ADVISOR EFFECTIVE FEB 26, 2018‍​ - SEC FILING.  Full Article

Stamps.Com Announces New CTO
Wednesday, 28 Feb 2018 

Feb 27 (Reuters) - Stamps.Com Inc ::STAMPS.COM ANNOUNCES NEW CTO.STAMPS.COM INC - ‍BOURGOINE PREVIOUSLY SERVED AS VP AND CHIEF TECHNOLOGY OFFICER OF MATTEL​.STAMPS.COM INC - ‍BOURGOINE SUCCEEDS MICHAEL BISWAS​.  Full Article

Mattel And Netease Launch New Joint Venture
Tuesday, 30 Jan 2018 

Jan 30 (Reuters) - Mattel Inc ::MATTEL AND NETEASE LAUNCH NEW JOINT VENTURE.MATTEL INC - HAS ENTERED INTO A JOINT VENTURE WITH NETEASE TO FORM A PUBLISHING AND DEVELOPMENT STUDIO MATTEL163.MATTEL INC - GOING FORWARD, MATTEL163 WILL SEEK TO CREATE MORE MOBILE GAMES AND EDUCATION APPS INSPIRED BY MATTEL BRANDS.  Full Article

DHX Media And Mattel Strike Multiple International Deals For Fireman Sam And Bob The Builder
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - DHX Media Ltd ::DHX MEDIA AND MATTEL STRIKE MULTIPLE INTERNATIONAL DEALS FOR FIREMAN SAM AND BOB THE BUILDER.DHX MEDIA AND MATTEL STRIKE MULTIPLE INTERNATIONAL DEALS FOR FIREMAN SAM AND BOB BUILDER.  Full Article

Mattel Announces Pricing Of Private Offering Of Senior Notes Due 2025
Friday, 15 Dec 2017 

Dec 15 (Reuters) - Mattel Inc ::MATTEL, INC. ANNOUNCES PRICING OF PRIVATE OFFERING OF SENIOR NOTES DUE 2025.MATTEL INC - PRICED OFFERING OF $1 BILLION AGGREGATE PRINCIPAL AMOUNT OF 6.75% SENIOR NOTES DUE 2025.  Full Article

Mattel Says Continued Negative Trends Could Result in Gross Margin "Deterioration"
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Mattel Inc ::SAYS CONTINUED NEGATIVE TRENDS IN TOP LINE PERFORMANCE FOR REST OF YEAR COULD RESULT IN "ADDITIONAL GROSS MARGIN DETERIORATION" - SEC FILING.EXPECT TO INCUR ABOUT $200 MILLION OF COSTS, SPENT BETWEEN Q4 2017 AND END OF 2019 TO IMPLEMENT COST SAVINGS INITIATIVES‍​.SAYS ADVERTISING & PROMOTION EXPENSES IN FY 2017 ARE EXPECTED TO BE SLIGHTLY HIGHER THAN 2016 ON A GROSS DOLLAR BASIS.SAYS OPERATING INCOME MARGIN, EXCLUDING SEVERANCE EXPENSES, FOR Q4 EXPECTED TO BE "SIGNIFICANTLY" LOWER THAN Q4 2016.  Full Article

J.C. Penney eyes Babies 'R' Us customers with addition of more baby products

Aug 9 J.C. Penney Co Inc will stock more baby products at outlets in the vicinity of stores shut by Babies 'R' Us', taking advantage of the recent collapse of parent Toys 'R' Us.