Is Mattel doing well?

EL SEGUNDO, Calif. –(BUSINESS WIRE)–Mattel, Inc. (NASDAQ: MAT) today reported first quarter 2021 financial results. We believe we are very well-positioned to improve profitability and accelerate topline growth in 2021 and beyond.”

How is Mattel doing financially?

Third quarter Net Sales of $1,632 million, up 10% as reported, and up 11% in constant currency, versus prior year. Gross Sales of $1,818 million, up 10% as reported, and up 11% in constant currency.

Is Mattel an American company?

Mattel, Inc. (/məˈtɛl/) is an American multinational toy manufacturing company founded in 1945 with headquarters in El Segundo, California.

Who are Mattel’s competitors?

Hasbro
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Mattel/Competitors
Mattel, Inc. competitors include Hasbro, Pixar Animation Studios, The Walt Disney Company, MGA Entertainment and Carnival Corporation.

Is Barbie still Mattel?

Barbie is a fashion doll manufactured by the American toy company Mattel, Inc. and launched in March 1959. Mattel has sold over a billion Barbie dolls, making it the company’s largest and most profitable line. However, sales have declined sharply since 2014.

How much has Mattel made from Barbie?

In 2020, Mattel’s Barbie brand generated gross sales amounting to about 1.35 billion U.S. dollars, up from about 1.16 billion U.S. dollars the year before….Gross sales of Mattel’s Barbie brand worldwide from 2012 to 2020 (in million U.S. dollars)

Why did Mattel fail?

But it all came crashing down last week when Larian issued a statement arguing that Mattel “cannot be salvaged” because of its “hostile board and management,” its $4 billion in debt, and significant legal liabilities stemming from lawsuits over selling its faulty Fisher Price Rock ‘n Play Sleeper product.

How much is Mattel’s debt?

How Much Debt Does Mattel Carry? The image below, which you can click on for greater detail, shows that Mattel had debt of US$2.84b at the end of March 2021, a reduction from US$3.00b over a year. However, it does have US$615.2m in cash offsetting this, leading to net debt of about US$2.22b.

What is the most successful toy company?

Tokyo-based Namco Bandai was the industry leader with the highest revenue at over 6.6 billion U.S. dollars, amongst the major toy companies in 2019. Danish company Lego, known for its interlocking plastic bricks, closely followed Namco Bandai with over 5.78 billion U.S. dollars in revenue.

Which is bigger Hasbro vs Mattel?

In the last 10 years, shares of Hasbro are up 113%. Shares of Mattel are up 76% over the last year and down 36% in the last five years. Shares of Mattel are down 16% over the last 10 years. Investors can note that Mattel has outperformed Hasbro over the last year.