Piper Jaffray Raises Price target on Mattel (MAT) After Disney Savings Help Drive 4Q EPS
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Mattel Reports Fourth Quarter And Full Year 2015 Financial Results And Declares Quarterly Dividend
February 1, 2016 4:05 PM ESTEL SEGUNDO, Calif., Feb. 1, 2016 /PRNewswire/ --Â For the fourth quarter of 2015, Mattel, Inc. (NASDAQ: MAT) today reported worldwide net sales up 7% in constant currency, adjusted operating income of $310.5 million and adjusted earnings per share of $0.67, including discrete tax items. For the year, the Company reported worldwide net sales up 2% in constant currency, adjusted operating income of $640.3 million and adjusted earnings per share of $1.31, including discrete tax items.
"We are encouraged by our results in the quarter and for the year, which reflect solid progress on a number of important... More
Amazon Inks Production Deal with Mattel, Inc. to Greenlight American Girl Specials for Prime Video
February 1, 2016 9:01 AM ESTFour live-action specials from one of the worlds top brands for girls will join Amazons award-winning original kids programming slate
SEATTLE--(BUSINESS WIRE)-- (NASDAQ: AMZN)Amazon today announced it has signed a multi-year, multimillion dollar production deal with American Girl, a premium brand for girls and subsidiary of Mattel, Inc. (NASDAQ: MAT), to produce four live-action specials and options to produce multiple seasons of episodic content, based on the brands beloved characters. Two of the specials will feature characters from... More
Mattel Bolsters Digital And Smart Technology Capabilities With Pair Of Strategic Acquisitions
January 29, 2016 5:40 PM ESTEL SEGUNDO, Calif., Jan. 29, 2016 /PRNewswire/ --Â Mattel, Inc. (NYSE: MAT) announced that it today acquired substantially all the assets of Fuhu, Inc., a developer of high technology products for children and families. In addition, the company announced it has completed the acquisition of Sproutling, Inc., a maker of smart technology products for parents and families.
"Mattel's mission is to be the recognized leader in play, learning and development worldwide, and our acquisitions of both Fuhu and Sproutling represent a meaningful step toward achieving that goal," said Sid Mathur,... More
