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MAT - Mattel

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by T0rm3nted, Apr 20, 2016.

  1. T0rm3nted

    T0rm3nted Moderator
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    [​IMG]
    Mattel, Inc. (MAT) is an American multinational toy manufacturing company founded in 1945 with headquarters in El Segundo, California. In 2014, it ranked #403 on the Fortune 500. The products and brands it produces include Fisher-Price, Barbie dolls, Monster High dolls, Winx Club dolls, Hot Wheels, Hot Birds and Matchbox toys, Masters of the Universe, American Girl dolls, board games, and WWE Toys. In the early-1980s Mattel produced video game systems, under both its own brands and under license from Nintendo. The company has presence in 40 countries and territories and sells products in more than 150 nations. The company operates through three business segments: North America, international, and American Girl.
     
  2. T0rm3nted

    T0rm3nted Moderator
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    Reported after close today:
    Earnings: EPS -$0.13 and revenue $869M
    Estimates: EPS -$0.08 and revenue $855M
     
  3. bigbear0083

    bigbear0083 aka Cy McCaffrey
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    [​IMG]

    immediate reaction:
    [​IMG]


    Mattel sales beat estimates as Barbie shines

    (Reuters) - Mattel Inc (MAT.O), the largest U.S. toymaker, reported better-than-expected quarterly revenue, driven by strong demand for its flagship Barbie and Fisher-Price brands.

    Barbie's worldwide sales rose 15.8 percent in the third quarter ended Sept. 30 as Mattel's efforts to revive sales of its signature brand gained traction.

    In January, Mattel rolled out Barbie dolls in a variety of skin tones, hairstyles and outfits and in three new body shapes - tall, curvy and petite - to appeal to larger demographics.

    The launch of the new range followed two years of declining sales of Barbie dolls around the world as girls increasingly turn to other dolls, electronic toys and tablets.

    The company had also changed its marketing strategy to position its dolls as more than a pretty face, with ad campaigns such as "You Can Be Anything" highlighting the potential of women in various professions.

    Fisher-Price and the Wheels category, which includes Hot Wheels, were also bright spots for Mattel, with sales rising about 6 percent each.

    The ‎El Segundo, California-based company's revenue rose to $1.80 billion from $1.79 billion. Analysts on average had expected $1.77 billion, according to Thomson Reuters I/B/E/S.

    Net income rose to $236.3 million, or 68 cents per share, from $223.8 million, or 66 cents per share, a year earlier.

    Excluding items, the company earned 70 cents per share. Analysts on average had expected 71 cents.
     
  4. T0rm3nted

    T0rm3nted Moderator
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    Upcoming dividend information:

    Ex-Div-Date
    : 11/18/16
    Payment Date: 12/9/16
    Dividend: $0.38
    Current Price: $30.88
    Annual Yield: 4.92%
     
  5. bigbear0083

    bigbear0083 aka Cy McCaffrey
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    Big hit here off -14% this morning on ERs and back to Feb '16 levels

     
  6. StockJock-e

    StockJock-e Brew Master
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    Did you stop buying barbie dolls?
     
    bigbear0083 likes this.
  7. Gambit

    Gambit Active Member

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    Mattel shares were heading the opposite direction.
    The toy maker said its sales slumped 15% in the first quarter.
     

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