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Mattel trims sales forecast
Barbie boom fades at Mattel, but Hot Wheels — and adult collectors — are on an upswing
Mattel Inc. reported mixed third-quarter results, as a drop in demand for Barbie toys weighed on sales overall — but management said it expects a solid holiday season ahead and a toy-centric film lineup that could help drive sales.
Mattel trims sales forecast ahead of holiday shopping amid tepid toys demand
Mattel lowered its full-year sales forecast on Wednesday as the Barbie parent heads into the crucial holiday shopping season against the backdrop of muted demand for toys.
Mattel Braces for Flat Toy Sales Ahead of Holiday Season
Mattel lowered its full-year sales forecast as the Barbie parent heads into the crucial holiday shopping season against the backdrop of muted demand for toys. The company now expects 2024 net sales to be in the range of flat to down slightly from last year’s $5.44 billion, compared with its prior estimate of flat on a constant currency basis.
6h
Last Year’s Barbie Bump Now A Barbie Slump For Mattel
Mattel revised its full-year sales forecast downward after a drop in Barbie sales contributed to weaker than expected ...
8h
on MSN
Mattel Lifts Profit, Overcomes Barbie Sales Dip; Shares Jump
Mattel Inc., the manufacturer of Barbie and other popular toys, posted third-quarter profit that beat analysts’ estimates ...
10h
on MSN
Mattel Lowers Sales Outlook After Barbie Sales Weigh
The toy company’s profit, however, is holding up due to stronger margins, helped by factors such as cost cuts, supply-chain ...
11h
Toys aren’t just for kids. Mattel and other companies are embracing ‘kidults’
A growing number of adults who are buying toys for themselves, reclaiming memories from their childhood and showing off their ...
1d
on MSN
Mattel and ‘Chicken Run’ Studio Aardman Team Up on Stop-Motion, Animated ‘Pingu’ Series
Mattel exec Josh Silverman spoke to THR about the company's mission to create shows that resonate with both adults and ...
3d
Mattel Set to Drive Into Premium Non-Pre School Series, Announce Dates for ‘Thomas & Friends’ Netflix Christmas Special
Delivering a leadership keynote at Mipcom’s MipJunior, Mattel’s Josh Silverman drills down on film-TV strategy post-‘Barbie.’ ...
smartparenting.com.ph
2d
Proudly Pinoy: Mattel Launches Limited Edition Filipina Barbie
The limited-edition Filipina Barbie went on sale for $100 last October 9, 2024, exclusively for Barbie Club 59 members at ...
Yahoo
6h
‘The Masked Singer 12’ episode 5 recap: Which Emmy-winning star was eliminated on ‘Barbie Night’?
Get ready to dance the night away on “
Barbie
Night” as “The Masked Singer’s” resident “Ken,” Ken Jeong, and his fellow ...
3h
Mattel says raising FY24 savings target to $75M from $60M
Says expects growth in Q4. Says meaningful expansion in gross margin fully offset the Barbie movie comparison in its bottom line relative to ...
OKC Thunder Wire
1d
When is Mattel Adventure Park opening in Glendale? Here's the latest update
Glendale, AZ, will be home to the first Mattel Adventure Park, opening near VAI Resort. Here's what the theme park will have ...
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