Mattel is looking at potentially upping toy prices as part of its efforts to mitigate President Donald Trump’s tariffs on imports from China, Mexico and Canada.
Net sales dropped by 1% to $5.38 billion, according to Mattel's earnings report. The company cited strength for its Hot Wheels toy cars, action figures, building sets and games. It say a decline ...
Mattel shares surged more than 15% after the toy giant said it’s weighing price increases for Barbie and other iconic brands because of President Trump’s tariffs on Chinese goods. The El ...
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Money Talks News on MSNJohn Cena to Star in Mattel's Live-Action "Matchbox" MovieJohn Cena takes the lead role in the upcoming live-action "Matchbox" movie, based on Mattel's iconic die-cast toy vehicle line. The film, produced by Apple Original Films and Skydance Media, aims to ...
Mattel executive says it may have to charge consumers more for its toys because of higher tariff costs on imports from China.
Mattel, which owns toy brands such as Barbie, Hot Wheels, Fisher-Price, etc., recently garnered worldwide attention after its viral “Barbie” movie broke box office records and became the ...
Shares of Mattel Inc. jumped after hours on Tuesday after the toy maker forecast an adjusted per-share profit for this year that came in above analysts’ expectations, saying it had plans in ...
The move comes as Trump imposed sweeping tariffs on China, Mexico and Canada on Saturday, which Mattel aims to mitigate through supply chain optimization and potential price increases on its toys.
Mattel convincingly beat fourth-quarter earnings estimates Tuesday evening, and reported some revenue growth as well. Its gross margins are improving, and sales may accelerate in 2025. Mattel ...
5 (UPI) --The cost might rise for Barbie dolls, Hot Wheels cars and other Mattel ... in China and Mexico, where Mattel produces 40% and less than 10% of its toys, respectively.
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