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 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.
Mattel revised its full-year sales forecast downward after a drop in Barbie sales contributed to weaker than expected ...
Mattel Inc., the manufacturer of Barbie and other popular toys, posted third-quarter profit that beat analysts’ estimates ...
The toy company’s profit, however, is holding up due to stronger margins, helped by factors such as cost cuts, supply-chain ...
A growing number of adults who are buying toys for themselves, reclaiming memories from their childhood and showing off their ...
Says expects growth in Q4. Says meaningful expansion in gross margin fully offset the Barbie movie comparison in its bottom line relative to ...
Mattel exec Josh Silverman spoke to THR about the company's mission to create shows that resonate with both adults and ...
Delivering a leadership keynote at Mipcom’s MipJunior, Mattel’s Josh Silverman drills down on film-TV strategy post-‘Barbie.’ ...
The toy giants are “underindexed to industry average” in terms of their exposure to China, a UBS analyst says.
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