Hot Wheels

Toy company Mattel Inc (NASDAQ: MAT) reported second-quarter financial results after the market close Wednesday. Here are the key highlights. What Happened: The net sales beat a Street consensus estimate of $984.7 million, according to data from Benzinga Pro. The company reported earnings per...

Velan Studios and Mattel Inc. (NASDAQ:MAT) announced the launch of “Hot Wheels: Rift Rally,” an upcoming mixed-reality game. What Happened: “Hot Wheels: Rift Rally” will be available on March 14 for Sony Interactive Entertainment’s (NYSE:SONY) PlayStation 5,...

What’s it like being a world-class disc jockey? It’s definitely beyond what social media has made it out to be. It’s long nights, little pay, and a lot of work, particularly at the outset. In learning more about what it takes to become a world-class DJ, Benzinga chatted with the...

The year 2021 saw NFTs from companies such as PepsiCo, Inc. (NYSE: PEP), Hasbro, Inc. (NASDAQ: HAS) and Anheuser-Busch Inbev, SA (NYSE: BUD). Also on the 2021 NFT list was toy company Mattel Inc (NASDAQ: MAT), which is back at it in 2022 with another NFT launch. What Happened:...

A well-known toy brand is bringing non-fungible tokens to collectors with an upcoming release. Here are the details of the upcoming Hot Wheels NFT Garage. What Happened: Hot Wheels, a brand from Mattel Inc (NASDAQ: MAT), is introduing a new NFT series called Hot Wheels NFT Garage. Series 1 of...

A leading toy company is back with another offering that should have Tesla Inc (NASDAQ: TSLA) fans excited. What Happened: Mattel Creations, a unit of Mattel Inc (NASDAQ: MAT) is launching a Tesla Cybertruck build on Oct. 15, 2021 at noon ET. The item is part of the MEGA Bloks unit from Mattel. The...

The latest public company to tackle the non-fungible token market is Mattel with a planned launch centered on its Hot Wheels brand. What Happened: Three NFTs from the Hot Wheels NFT Garage Series will go up for auction starting on June 22. The vehicle collection comes from Mattel Creations, a unit...

One of the most anticipated electric vehicles is the Tesla Inc (NASDAQ: TSLA) Cybertruck, which is expected to enter production later this year. A leading toy company is bringing a model version of the truck to consumers first. What Happened: Last year, Mattel Inc (NASDAQ: MAT) announced a...

There's one version of the new Tesla Inc (NASDAQ: TSLA) Cybertruck that's already available, and already is fully functional without a driver. At least without a driver actually in the truck behind the wheel. Because it's a remote-controlled toy version of the much-anticipated Tesla...

Mattel Inc. (NASDAQ: MAT) shares plummeted more than 18 percent on Friday afternoon after the company issued lower guidance for its first quarter and 2019. The company issued new guidance during its Toy Fair presentation, saying first-quarter gross sales would be lower than the same quarter of...

The coming year may be playtime for investors looking into toy company stocks. The two biggest players in the industry, Hasbro Inc. (NASDAQ: HAS) and Mattel Inc. (NASDAQ: MAT), both look set for 2019 growth, a Wells Fargo analyst said Wednesday. Mattel looks better positioned than its rival Hasbro...

Mattel, Inc. (NASDAQ: MAT) shares spiked higher following a surprise earnings beat after Thursday's close. The toy manufacturer reported fourth-quarter earnings of 4 cents per share, which may not compare to the $(0.15) estimate. Sales came in at $1.524 billion, beating estimates by $84 million...

Big toy makers Hasbro Inc. (NASDAQ: HAS) and Mattel, Inc. (NASDAQ: MAT) both finished 2018 below expectations, but there are bright spots for the coming year, particularly for Hasbro. The Analyst MKM’s Eric Handler continues to have a Buy rating on Hasbro, but lowered his price target to $102...

In the company’s most recent quarterly earnings call, World Wrestling Entertainment, Inc. (NYSE: WWE) CEO Vince McMahon informed shareholders that the company’s toy business is booming. “In consumer products, we maintained a dominant position with the second highest selling action...

For toy makers Hasbro, Inc. (NASDAQ: HAS) and Mattel Inc. (NASDAQ: MAT), the holiday shopping season is the most critical time of the year. Although the holiday shopping rush is still a couple of months away, UBS analyst Arpine Kocharyan is reporting some positive preliminary channel checks....