The Mattel Inc. logo is displayed outside the headquarters of the toy company known for products including Barbie and Hot Wheels in El Segundo, California, on June 8, 2023.Activist investor Barington Capital is pushing Mattel to consider selling off its American Girl and Fisher-Price brands, citing underperformance within the divisions.Mattel shares were up around 3% in premarket trading Friday following a letter sent to Mattel Thursday, which was first reported by the Wall Street Journal. The toymakers sha ...

Barbie owner Mattel is in the crosshairs of activist investors who want the toy maker to cash in on the success of the blockbuster film and shake up the business. Barington Capital said it had built up a stake recently and wants to see significant changes due to the rising popularity of video games and apps among its target audience of children A possible sale of the Fisher-Price and American Girl toy brands, reducing its reliance on stock-based compensation, and initiating a $2 billion stock repurchase pro ...

Shares of Mattel MAT, +2.12% traded higher late on Thursday after The Wall Street Journal reported activist investor Barington Capital had built an undisclosed stake in the company. The stock rose 4.3% to $19.05 in after-hours trading. Shares are down 14% in the last year. On Thursday, the WSJ reported that Barington sent a letter to Mattel Chief Executive Ynon Kreiz telling him the company should pursue strategic alternatives for its Fisher-Price and American Girl businesses. Barington founder James Mit ...

Mattel (MAT) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 7. On ...

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) and Netflix announced today that Hot Wheels Let’s Race, Mattel Television Studios’ all-new animated children’s series, will debut on Netflix globally on March 4. Released today alongside series key art, the official trailer for Hot Wheels Let’s Race features the show’s theme song performed by Patrick Stump, award-winning musician, singer-songwriter, and lead vocalist for Fall Out Boy. Stump composed, recorded, and produced the theme song for Ho ...

EL SEGUNDO, Calif.--(BUSINESS WIRE)--With the Super Bowl fast approaching, Mattel Creations is kicking off the competition with three NFL and NFL Players Association officially licensed Super Bowl LVIII collectibles to celebrate this year’s championship team. Starting today, fans of the San Francisco 49ers and Kansas City Chiefs have a chance to score big by pre-ordering the Fisher-Price Little People Collector™ Super Bowl set featuring detailed NFL player figures to honor this year’s champions; the first-e ...

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT), ShadowMachine, Nuyorican Productions, and Anthony Ramos today announced plans to develop an animated, feature-length film based on Bob the Builder, the long-running and beloved animated children’s series. Imagined as an inventive international story for today’s audiences, the film will star Grammy-winning and Golden Globe and Emmy-nominated actor and recording artist Anthony Ramos (Hamilton, In the Heights), who also produces alongside Alex ...

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Rizzoli and Mattel, Inc. (NASDAQ: MAT) announced today BARBIE™: THE WORLD TOUR (ISBN: 9780789345578, $55.00 US, Rizzoli New York), a new illustrated book capturing all the glamour and high style of the most popular doll in the world. For the press tour following the record-breaking release of Greta Gerwig’s award-winning, acclaimed Barbie movie, producer and star Margot Robbie and her stylist Andrew Mukamal immersed themselves in some of Barbie’s most iconic outfits and ...

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) today announced that it plans to release its fourth quarter and full year 2023 financial results on Wednesday, February 7, 2024, at approximately 4:05 p.m. Eastern Time. Following this, Mattel will host a webcast conference call at 5:00 p.m. Eastern Time. The webcast and accompanying slides will be available under the Events and Presentations section of Mattel's Investor Relations website, https://investors.mattel.com. To listen to the webcast ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________________________ FORM 10-Q ___________________________________________________________ (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE ☒ SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ☐ EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-0564 ...