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Mattel, Inc. stock price
Mattel, Inc. latest news:
BRIEF-Mattel Appoints Ynon Kreiz As Chairman
Mattel Inc(MAT): * MATTEL APPOINTS YNON KREIZ AS CHAIRMAN. * Mattel Inc(MAT) - KREIZ SUCCEEDS CHRISTOPHER A. SINCLAIR, EXECUTIVE CHAIRMAN OF MATTEL BOARD Source text for Eikon: Further company coverage:
Mattel depending on Barbie, Hot Wheels and Fisher-Price for turnaround
Mattel(MAT) shares were down more than 8% in premarket trading after earnings and sales misses before turning up. Mattel Inc. (MAT) is dependent on "three key power brands"-- Barbie, Hot Wheels and Fisher-Price--to execute a turnaround after a steep North American sales decline during the holiday-season quarter. Shares of the toy company were down 8% in Friday premarket after the company reported sales and earnings that missed expectations before turning up 7% in regular trading.
Mattel Not Playing Around With Q4 Earnings
Mattel reports surprise loss for holiday period, shares sink
- Mattel Inc (MAT) reported a surprise loss for the holiday quarter on Thursday, as the toy maker faced weak demand for key brands including Fisher-Price and as the effect of the collapse of Toys "R" Us lingered. Shares of the biggest U.S. toy maker fell 7.3 percent to $14.20 in after-hours trading.
Mattel's 4Q results reflect Toys R Us woes, sales slide
Mattel Inc. reports a surprise loss and disappointing sales in the fourth quarter
Toy maker Mattel's holiday sales miss Wall Street forecasts, shares dip
(Reuters) - Mattel Inc's sales fell short of Wall Street forecasts in the crucial holiday quarter, as the toy maker faced weak demand for key brands including Fisher-Price and as the effect of the collapse of Toys "R" Us lingered.
Mattel shares down 7% after company posts surprise quarterly loss
Shares of Mattel Inc. fell 7% late Thursday after the toy maker swung to a surprise loss in the fourth quarter and its North American and global sales took a dive. Mattel said it lost $281.3 million, or 82 cents a share, in the quarter, versus profit of $173.8 million, or 51 cents a share, in the year-ago period. Adjusted for one-time items, Mattel lost 72 cents a share in the quarter, versus adjusted earnings of 52 cents a share a year ago. Analysts polled by FactSet had expected adjusted earnings of 16 cents a share on sales of $1.69 billion. "We are optimistic about stabilizing revenue in 2018 anchored by our key power brands, entertainment partnerships and exciting new launches," Chief Executive Margo Georgiadis said in a statement. Mattel pinned the sales decline in North America on tighter retailer inventory management, "certain underperforming brands," and the Toys "R" Us bankruptcy filing, the company said in the statement. Sales of its American Girl Brands, which offers products tied to the dolls directly to consumers, fell 21% in the year and 23% in the quarter. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
BRIEF-Mattel reports Q4 adjusted loss $0.72 per share
Mattel Inc(MAT): * Mattel Inc(MAT) - Q4 REPORTED LOSS PER SHARE $0.82; Q4 ADJUSTED LOSS PER SHARE $0.72. * Mattel Inc (MAT) - QTRLY NET SALES $1,610.9 MILLION VERSUS $1,834.4 MILLION LAST YEAR. * Mattel Inc (MAT) - FOR Q4, NET SALES IN NORTH AMERICAN REGION DECREASED BY 17 PERCENT AS REPORTED AND IN CONSTANT CURRENCY.
Hasbro-Mattel merger rumor just won't die
It seems like people really want toymakers Mattel (MAT) and Hasbro (HAS) to get together. Shares of Mattel (MAT) soared 10% Tuesday on no news. Investors have dreamed about a possible merger between the two companies since November, following a story in the Wall Street Journal that said Hasbro (HAS) was going to make a bid.
UPDATE 3-Toys "R" Us says to shut a fifth of its U.S. stores
* All 83 Toys "R" Us stores in Canada to remain open
(Adds analyst comments on impact on Mattel and Hasbro)
BRIEF-Mattel Announces Pricing Of Private Offering Of Senior Notes Due 2025
* MATTEL, INC. ANNOUNCES PRICING OF PRIVATE OFFERING OF
NOTES DUE 2025
BRIEF-Mattel Says Continued Negative Trends Could Result in Gross Margin "Deterioration"
Mattel Inc(MAT): * SAYS CONTINUED NEGATIVE TRENDS IN TOP LINE PERFORMANCE FOR REST OF YEAR COULD RESULT IN "ADDITIONAL GROSS MARGIN DETERIORATION" - SEC FILING.
Mattel's credit downgraded to a 'junk' rating at Moody's
Mattel Inc.'s senior unsecured bond ratings were downgraded three notches to a "junk" rating of Ba3 from Baa3 at Moody's Investors Service, which cited the toy maker's weak performance this year and the lowered profit expectations for the holiday season. Moody's also cut Mattel's short-term rating to Not Prime from Prime-3. The rating outlook is stable. Moody's said it expects the lowered profit outlook to contribute to "much higher than previously expected year-end leverage." Separately, S&P Global Ratings downgraded on Monday Mattel's credit rating, which it already had rated "junk," one notch to BB- from BB, with a negative outlook. Mattel's stock rose 2.4% in morning trade, but has plunged 44.1% year to date, while the S&P 500 has gained 18.6% so far this year.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
BRIEF-Mattel Dirk Van De Put informed co that in light of his role as CEO of Mondelez, he would resign from co's board ...
Mattel Inc(MAT). * Mattel(MAT) - on Nov 17, Dirk Van De Put informed co that in light of his role as CEO of Mondelez (MDLZ), he would resign from co's board effective immediately Source text: Further company coverage:
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