Mattel to keep roughly half of US toys below $20 [Yahoo! Finance]
Mattel, Inc. (MAT)
Last mattel, inc. earnings: 2/13 04:05 pm
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US:NASDAQ Investor Relations:
investor.shareholder.com/mattel
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Source: Yahoo! Finance
Toy company Mattel reported net sales in its second quarter were down 6% year over year to a little over $1 billion, according to a Wednesday press release. Net income was also down around 6% to $53.4 million. The company revised its full-year guidance. Net sales are now expected to be up 1% to 3%, compared to its previous outlook of between 2% to 3%. The company doesn't expect any additional price increases this year, Chief Financial Officer Paul Ruh told analysts, and between 40% to 50% of the company's U.S. products will continue to be priced under $20. Mattel's goal is to keep prices as low as possible, according to executives. “We're committed to the uninterrupted supply for a wide range of high-quality products and providing the right balance of price and value for our customers,” said Ruh, who joined the company roughly two months ago. With nearly 80% of toys imported to the U.S. coming from China, the category could prove to be especially vulnerable to the impact of
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MAT
News
- Mattel (NASDAQ:MAT) had its "hold (c+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Toys are talking back thanks to AI, but are they safe around kids? [Los Angeles Times (CA)]Los Angeles Times
- Mattel Appoints Natalia Premovic as Chief Consumer Products and Experiences OfficerBusiness Wire
- Is Hasbro Stock Outperforming the Dow? [Yahoo! Finance]Yahoo! Finance
- RXR's 75 Rockefeller Plaza lands Jack D's Steakhouse lease [Yahoo! Finance]Yahoo! Finance
MAT
Earnings
- 10/21/25 - Miss
MAT
Sec Filings
- 11/17/25 - Form 8-K
- 11/14/25 - Form SCHEDULE
- 11/7/25 - Form 424B2
- MAT's page on the SEC website