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Mattel Inc (MAT.OQ)

MAT.OQ on NASDAQ Stock Exchange Global Select Market

15.48USD
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

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

Mattel says intends to replace revolving credit facility with new $1.6 bln senior secured revolving credit facility
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Mattel Inc ::Mattel - intends to replace revolving credit facility with new $1.6 billion senior secured revolving credit facility.  Full Article

Hasbro makes takeover approach to Mattel - CNBC citing , Dow Jones
Friday, 10 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
Thursday, 26 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
Wednesday, 26 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

BRIEF-Mattel Announces Pricing Of Private Offering Of Senior Notes Due 2025

* MATTEL, INC. ANNOUNCES PRICING OF PRIVATE OFFERING OF SENIOR NOTES DUE 2025