Mattel Aktie News

Both companies had a soft third quarter due to customers' changing buying habits. The fourth quarter looks brighter.

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Following the announcement of a multi-year licensing partnership with Formula 1® and initial product launch, Mattel, Inc. (NASDAQ: MAT) has revealed the next evolution of the Hot Wheels Formula 1® collection to now include all 10 Formula 1® teams, including Scuderia Ferrari HP Team and Aston Martin Aramco Formula One™ Team™. The full lineup reflects the offi...

Mattel receives a hold rating due to mixed near-term prospects and reliance on a strong Q4 performance. Positive POS data and renewed licensing deals, including Disney Princess and K-Pop Demon Hunters, support MAT's long-term outlook. Execution risks remain elevated for MAT, with lower demand visibility and weakness in the Dolls and Infant, Toddler & Preschool segments.

Bio-Rad Laboratories was a positive contributor after the company reported steadier earnings than the market expected. PVH also remains our largest share repurchaser for the year after buying a teens percentage of shares outstanding at great prices. Rayonier was an immediate contributor.

Shares of Mattel, Inc (NASDAQ:MAT) were down nearly 2.6% on Wednesday afternoon after the toy company reported a decline in third-quarter earnings. US retailer ordering patterns weighed on sales, Mattel said, though the toymaker said consumer demand remains strong and it expects a robust holiday season.

Uno is still number one.

Mattel, Inc. faces significant headwinds, with Q3 results showing declining core business, pressured margins, and guidance that appears difficult to achieve. MAT's Dolls and Preschool segments saw sharp sales declines, while increased marketing spend failed to offset weak demand and margin erosion. Valuation looks stretched at 12x forward earnings given low growth, execution risks, and a shrink...

DraftKings (DKNG) surges 5.4% premarket after acquiring Railbird Technologies, expanding into regulated prediction markets beyond sports betting. DKNG will launch DraftKings Predictions, a new app enabling users to trade on real-world outcomes across finance, culture, and entertainment.