Mattel

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Reuters - 2 days ago

Retailers with highest number of shipments into US East Coast ports

FACTBOX-Retailers with highest number of shipments into US East Coast ports NEW YORK, Oct 3 (Reuters) - The largest dockworker strike in nearly fifty years has entered its third day at U.S. East Coast ports, threatening shortages of goods ranging from bananas to auto parts and causing a backlog of ships anchored outside major ports. Major retailers are implementing back-up shipping plans to ensure goods arrive in time for the peak holiday season.

Reuters - 2 days ago

US retailers scramble ahead of holidays amid port strike

UPDATE 3-US retailers scramble ahead of holidays amid port strike Retailers like Levi and Costco plan to shift routes, use air freight to avoid delays Newell Brands offers to boost production to mitigate supply chain disruptions Toy companies rely more on West Coast ports Consumers engage in panic buying, fearing shortages and price hikes Adds comments from Gristedes in paragraph 19, 27 and Stew Leonard's in paragraph 20 By Savyata Mishra and Jessica DiNapoli Oct 3 (Reuters) - Major U.S.

Reuters - 2 days ago

US retailers look to back-up shipping plans to prep for holidays as strike continues

US retailers look to back-up shipping plans to prep for holidays as strike continues Retailers like Levi and Costco plan to shift routes, use air freight to avoid delays Newell Brands offers to boost production to mitigate supply chain disruptions Toy companies rely more on West Coast ports By Savyata Mishra, Jessica DiNapoli Oct 3 (Reuters) - Major retailers from Levi Strauss LEVI.N to Costco COST.O are preparing alternative shipping plans to ensure goods arrive in time for the peak holiday sea

Reuters - 5 days ago

Looming port strikes to have limited impact on toy makers owing to early shipments, UBS says

BUZZ-Looming port strikes to have limited impact on toy makers owing to early shipments, UBS says ** Brokerage UBS believes both retailers and toy suppliers have been pulling products into U.S. earlier this year ** Says toy makers and retailers have shifted to West Coast ports from East Coast in the wake of potential port strikes since spring this year ** U.S.

Reuters - 2 weeks ago

Hot Wheels And Aston Martin Collaborate To Redesign Classic Db4gt As Land Speed Racer

BRIEF-Hot Wheels And Aston Martin Collaborate To Redesign Classic Db4gt As Land Speed Racer Sept 24 (Reuters) - Mattel Inc MAT.O : HOT WHEELS AND ASTON MARTIN COLLABORATE TO REDESIGN CLASSIC DB4GT AS LAND SPEED RACER MATTEL INC - DB4GT “HIGH-SPEED EDITION” DIE-CAST AVAILABLE GLOBALLY IN OCTOBER MATTEL INC - ASTON MARTIN DB4GT “HIGH-SPEED EDIT

Reuters - 3 weeks ago

Chilean author Isabel Allende joins Barbie doll collection

Chilean author Isabel Allende joins Barbie doll collection By Lucila Sigal BUENOS AIRES, Sept 13 (Reuters) - Chilean author Isabel Allende, one of the world's most widely read Spanish-language writers, will be immortalized in recycled plastic with her own Barbie doll, alongside her dog Perla and a miniature replica of her first novel. U.S. toymaker Mattel Inc MAT.O is releasing the doll, clothed in a red dress with large earrings, as part of its " Inspiring Women " series, which has already feat

Reuters - 1 month ago

Fisher-Price Recalls About 366,200 Dumbbell Toy

BRIEF-Fisher-Price Recalls About 366,200 Dumbbell Toy Aug 29 (Reuters) - Mattel Inc MAT.O : U.S. CPSC: FISHER-PRICE RECALLS ABOUT 366,200 DUMBBELL TOY IN BABY BICEPS GIFT SETS DUE TO CHOKING HAZARD Source text for Eikon: [ID:] Further company coverage: MAT.O

Reuters - 1 month ago

IN CASE YOU MISSED IT–Schedule of Reuters features from this week

IN CASE YOU MISSED IT–Schedule of Reuters features from this week Aug 29 - Every week, Reuters journalists produce scores of multimedia features and human-interest stories from around the world. Below are some stories from this week selected by our editors, as well as explanatory context and background to help you understand world headlines. For a full schedule of news and events, please go to our editorial calendar on Reuters Connect .

Reuters - 1 month ago

Lego to replace oil in its bricks with pricier renewable plastic

Lego to replace oil in its bricks with pricier renewable plastic By Jacob Gronholt-Pedersen COPENHAGEN, August 28 (Reuters) - Toymaker Lego said on Wednesday it was on track to replace the fossil fuels used in making its signature bricks with more expensive renewable and recycled plastic by 2032 after signing deals with producers to secure long-term supply.

Reuters - 1 month ago

Lego outperforms toy market with robust sales in Europe and North America

Lego outperforms toy market with robust sales in Europe and North America Lego sales rose 13% in first half of 2024 The company grabbed market share in a flat toy market CEO expects double-digit full-year sales growth Lego holds back on store openings in China By Jacob Gronholt-Pedersen COPENHAGEN, Aug 28 (Reuters) - Lego's sales of its colorful plastic bricks outpaced the overall toy market in the first half of the year, driven by strong demand in Europe and North America, the Denmark-based toy

Reuters - 1 month ago

HMD launches Barbie phone in partnership with Mattel

HMD launches Barbie phone in partnership with Mattel STOCKHOLM, Aug 28 (Reuters) - HMD Global, which makes Nokia NOKIA.HE -branded phones, said it has teamed up with toymaker Mattel MAT.O to launch the HMD Barbie Phone - a pint-sized pink feature flip phone with a retro design. The phone, priced at 99 pounds ($131.24), is available starting on Wednesday.

Reuters - 1 month ago

Target's grocery discounts prove surprise boost for clothes, beauty sales

Target's grocery discounts prove surprise boost for clothes, beauty sales By Savyata Mishra Aug 22 (Reuters) - Target's TGT.N price cuts on groceries are finally paying off. The Minneapolis-based company has returned to comparable sales growth after several sluggish quarters as shoppers who visited the big box retailer's stores for its discounted food and daily household items ended up browsing through other aisles as well .

Reuters - 2 months ago

Toymaker Hasbro's turnaround efforts buoy quarterly results, shares rise

CORRECTED-UPDATE 4-Toymaker Hasbro's turnaround efforts buoy quarterly results, shares rise Corrects James Zahn's designation in paragraph 3 to editor in chief at The Toy Book, not senior editor Posts smaller-than-expected drop in Q2 sales, beats profit view Shares jump 7% in early trade Q2 margins grow, helped by business recovery efforts Lifts FY24 core profit forecast driven by strong digital gaming By Savyata Mishra July 25 (Reuters) - Hasbro HAS.O posted a smaller-than-expected drop in seco

Reuters - 2 months ago

Toymaker Hasbro's turnaround efforts help quarterly sales

Toymaker Hasbro's turnaround efforts help quarterly sales July 25 (Reuters) - Hasbro HAS.O posted a smaller-than-expected drop in second-quarter sales on Thursday as steady digital gaming demand offset a slump in core toy sales, while cost-control strategies helped the toymaker beat profit expectations. The Nerf toy gun maker's turnaround strategy to limit expenses and maintain a tight inventory amid an industrywide slowdown in toy demand has helped buoy its performance.

Reuters - 2 months ago

Mattel buyout would be fun but dangerous plaything

RPT-BREAKINGVIEWS-Mattel buyout would be fun but dangerous plaything The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jeffrey Goldfarb NEW YORK, July 23 (Reuters Breakingviews) - Mattel MAT.O holds promise as an enriching private equity plaything. Despite the buzz from last summer’s blockbuster "Barbie" movie, the toymaker behind the famous fashion doll finds itself vulnerable to an enterprising suitor.

Reuters - 2 months ago

Mattel Exec Says Toy Industry Performed Better Than Anticipated In First Half - Conf. Call

BRIEF-Mattel Exec Says Toy Industry Performed Better Than Anticipated In First Half - Conf. Call July 23 (Reuters) - Mattel Inc MAT.O : MATTEL EXEC SAYS TOY INDUSTRY PERFORMED BETTER THAN ANTICIPATED IN THE FIRST HALF - CONF. CALL MATTEL EXEC SAYS "BEYOND 2024, WE BELIEVE TRENDS WILL FURTHER IMPROVE AND THAT THE INDUSTRY WILL RETURN TO GROWTH AND C

Reuters - 2 months ago

Mattel Inc reports results for the quarter ended in June - Earnings Summary

Mattel Inc reports results for the quarter ended in June - Earnings Summary Mattel Inc MAT.OQ reported quarterly adjusted earnings of 19 cents per share for the quarter ended in June, higher than the same quarter last year, when the company reported EPS of 10 cents. The mean expectation of thirteen analysts for the quarter was for earnings of 17 cents per share.

Reuters - 2 months ago

Toymaker Mattel beats quarterly profit estimates on cost controls

UPDATE 2-Toymaker Mattel beats quarterly profit estimates on cost controls Adds analyst comment in paragraphs 9 and 10, updates share movement in paragraph 4 By Granth Vanaik July 23 (Reuters) - Mattel MAT.O topped Wall Street estimates for second-quarter profit on Tuesday, aided by the toymaker's tight control on costs while posting a surprise drop in sales.

Reuters - 2 months ago

Mattel rises after topping second-quarter profit estimates

BUZZ-Mattel rises after topping second-quarter profit estimates Updates ** Shares of toymaker Mattel MAT.O up 1.5% at $1 7.50 in e xtended trading ** C ompany beats Wall Street estimates for second-quarter profit on Tuesday, aided by the toymaker's tight cost controls b ut posts a surprise drop in sales * * MAT reports adjusted profit of 19 cents/s

Reuters - 2 months ago

Toymaker Mattel tops quarterly profit estimates on cost controls

Toymaker Mattel tops quarterly profit estimates on cost controls By Granth Vanaik July 23 (Reuters) - Mattel MAT.O beat Wall Street estimates for second-quarter profit on Tuesday, aided by the toymaker's tight cost controls while posting a surprise drop in sales. The Barbie maker has set a target of saving $200 million in costs by 2026 through initiatives such as streamlining its supply chain and plans to exit or out-license underperforming product lines.

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