MAT Stock Recent News

Mattel CEO Ynon Kreiz joins CNBC's 'Money Movers' to discuss the company's next step after the success of 'Barbie,' the state of toy industry, and more

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Mattel's (MAT) first-quarter 2024 bottom line gains from increased margins and the repurchase of $100 million worth of shares during the quarter. It remains aligned with its annual targets.

Mattel didn't quite live up to expectations this quarter, but investors looked past the shortcomings thanks to progress. The company expects to return to growth in 2025.

Mattel, Inc. (NASDAQ:MAT ) Q1 2024 Earnings Call Transcript April 23, 2024 5:00 PM ET Company Participants David Zbojniewicz - Head of IR Ynon Kreiz - Chairman and CEO Anthony DiSilvestro - CFO Conference Call Participants Alexander Perry - Bank of America Arpine Kocharyan - UBS Drew Crum - Stifel Fred Wightman - Wolfe Research Kylie Cohu - Jefferies Megan Alexander - Morgan Stanley Eric Handler - ROTH MKM Christian Carlino - JPMorgan Stephen Laszczyk - Goldman Sachs James Hardiman - Citi Linda Bolton Weiser - D.A. Davidson Jaime M.

Although the revenue and EPS for Mattel (MAT) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Toy maker Mattel Inc. on Tuesday reported a narrower quarterly loss than expected, while holding to its full-year profit outlook and citing an improvement in demand after two years of weaker enthusiasm among customers.

Mattel posted a smaller-than-expected loss for the first quarter on Tuesday, helped by the Barbie maker's tight leash on costs while demand remains tepid for its toys and games.

Helen Mbugua-Kahuki, director of research at Calvert Research & Management, joins CNBC's 'The Exchange' to discuss sustainability stock picks, how the toymaker behind Barbie is going greener, and more.

Two popular young children's toys have been recalled over fears the products could pose “a risk of serious injury or death from choking” due to a design flaw.