Mattel reportedly teamed with OpenAI to weave artificial intelligence into its products. [contact-form-7] The toymaker, whose brands include Barbie and Hot Wheels, signed a deal to use OpenAI's tools and could create digital assistants based on Mattel characters, Bloomberg reported Thursday (June 12).
Mattel (MAT) reported earnings 30 days ago. What's next for the stock?
Mattel, Inc. shares are now cheap enough to warrant a small position, despite limited growth prospects and lack of dividend. The new Mattel Studios could add value, but history suggests such ventures often destroy shareholder wealth. Financials show modest revenue growth and increased losses, but the capital structure is strong, and bankruptcy risk is low.
Mattel's recent volatility is driven by shifting tariff risks, but operational improvements and cost savings are supporting solid financial performance. Tariff exposure remains a key uncertainty, but mitigation efforts and production shifts out of China should reduce long-term impact to about $50 million in free cash flow. Strong Q1 results, ongoing buybacks, and a healthy balance sheet reinforce confidence in Mattel's ability to deliver at least $550 million in 2025 free cash flow.
Hasbro and Mattel have joined the toy industry in fighting tariffs that could cost them millions. But there could be some trade-policy upside for the domestic toy giants.
Mattel (MAT) reported better-than-expected first quarter sales and reaffirmed its $600 million share buyback target. The toy company reported revenue of $826.6 million (vs.
Mattel, Inc (NASDAQ:MAT) said it plans to raise prices on toys sold in the US as the company scrambles to offset the potential impact of tariffs, even as it delivered stronger-than-expected first-quarter results. The maker of Barbie dolls and Hot Wheels scrapped its full-year forecast, citing uncertainty over US trade policy under the Trump administration and its potential effects on consumer spending.
MAT's first-quarter 2025 results are aided by robust sales in North America.
Mattel CEO Ynon Kreiz told CNBC he does not foresee toy manufacturing coming to America. Instead, the company expects to raise prices in the U.S. to offset President Donald Trump's 145% tariff on Chinese imports.
Barbie-maker Mattel announced it is raising prices on some of its toys as it navigates a "volatile macro-economic environment and evolving U.S. tariff landscape."
Mattel said it may have to adjust toy prices because of President Donald Trump's tariffs on China. Trump hit China with a 145% tariff.
Mattel, Inc. (NASDAQ:MAT ) Q1 2025 Earnings Conference Call May 5, 2025 5:00 PM ET Company Participants Jenn Kettnich - VP, IR Ynon Kreiz - Chairman & CEO Anthony DiSilvestro - CFO Conference Call Participants Arpine Kocharyan - UBS Stephen Laszczyk - Goldman Sachs Megan Clapp - Morgan Stanley Kylie Cohu - Jefferies Alex Perry - Bank of America Eric Handler - ROTH Capital Chris Horvers - JPMorgan Operator Ladies and gentlemen, thank you for standing by. My name is Abby, and I'll be your conference operator today.