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Toy Prices See Unprecedented Surge As Trump Tariffs Take A Toll: 'There's Just No Escaping China'
Thursday, June 26, 2025 - 7:04am | 636Toy prices in the U.S. have hit record highs due to new tariffs imposed by President Donald Trump, impacting an industry largely dependent on Chinese imports. What Happened: The price of games and playground equipment has seen a record 2.2% surge between April and May. This inflation rate is...
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'Barbie' The Movie Is a Winner...But Is Mattel's Stock?
Wednesday, July 26, 2023 - 12:07pm | 741Mattel, Inc. (NASDAQ: MAT) shareholders were tickled pink on Monday after the highly anticipated ‘Barbie' movie lived up to the hype over the weekend. After debuting nationwide July 21st, the film went on to amass $155 million in North American ticket sales through Sunday. It set...
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Mattel To Close Factory In Canada After Shutting Down Two Asian Units
Monday, February 10, 2020 - 6:37am | 412Mattel Inc. (NASDAQ: MAT) will close a factory in Canada after shuttering two manufacturing units in China and Indonesia last year. What Happened Mattel, the Hot Wheels toys and Barbie dolls maker will close its Mega Bloks factory in Montreal, Canada. The factory will be shut down in 2021...
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From Cylinder Heads to Shoes, 3-D Printing Goes Mainstream
Thursday, June 6, 2013 - 3:30pm | 582The novelty of 3-D printing is wearing off and being replaced by economic practicality. The Wall Street Journal said, Wednesday that mainstream companies such as General Electric (NYSE: GE), Ford Motor (NYSE: F), and Mattel (NASDAQ: MAT) are now utilizing 3-D printers to save money and improve...
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A Toy Story – Trading Ideas To Play With
Friday, July 1, 2011 - 11:43am | 270Mattel (NASDAQ: MAT) stock has hit a new 52-week high on Friday. It's currently trading at $27.81, above the previous high of $27.73. With Mattel holding the DC Comics toy rights, the recent Green Lantern movie and the company's recent range of toys won't have hurt them at all. Forthcoming Batman...
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Piper Jaffray Upgrades Rating To Overweight, Raises PT TO $33 On MAT
Tuesday, April 19, 2011 - 8:05am | 127Piper Jaffray has upgraded its rating from Neutral to Overweight and has raised its price target from $27 to $33 on Mattel Inc. (NASDAQ: MAT) based upon performance improvements. In the report, Piper Jaffray writes, “We have increased confidence that Mattel management can execute on its goals of...
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Wedbush Raises PT On Mattel To $29
Monday, April 18, 2011 - 6:58am | 26Wedbush Securities has raised the price target on Mattel (NASDAQ: MAT) from $27 to $29 and maintains its Neutral rating.
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Sterne Agee Highlights Mattel's New Management
Monday, February 28, 2011 - 10:14am | 198Sterne Agee has published a research report on Mattel, Inc. (NASDAQ: MAT) after the company appointed new management and sees Wal-Mart (NYSE: WMT) remain its top retailer. In the report, Sterne Agee writes "Following the recent restructuring announcement and appointment of Bryan Stockton as COO and...
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Mattel Inc. (MAT) Profit Surges 86%
Friday, January 29, 2010 - 12:14pm | 150Toymaker Mattel Inc. (Nasdaq: MAT) reported on Friday that its 4th quarter profit jumped 86%. Mattel, which is best known for producing toy lines such as Barbie dolls and Hot Wheels cars, attributed the sharp rise in profits to rising Barbie sales and lower costs. Net income was $328.4 million, or...