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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)

Mattel Says On Dec 14 Entered Amendment To The Syndicated Facility Agreement, Dated As Of December 20, 2017
Wednesday, 19 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
Thursday, 25 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
Thursday, 25 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
Thursday, 25 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
Thursday, 6 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
Thursday, 30 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

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

Margot Robbie to play Barbie in doll's first live-action film

LOS ANGELES, Jan 8 Australian actress Margot Robbie is to play Barbie in the first live-action feature movie about the iconic and controversial doll, who has enjoyed multiple careers in her 60-year lifetime.