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4-Traders Homepage  >  Equities  >  Nasdaq  >  Mattel, Inc.    MAT

MATTEL, INC. (MAT)
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Delayed Quote. Delayed  - 12/14 09:36:16 pm
16.385 USD   +5.10%
12/12 MATTEL : Boston Herald The Ticker column
12/12 MATTEL : Toymaker Mattel warns of weak holiday sales
12/11 MATTEL, INC. (N : MAT) Files An 8-K Regulation FD Disclosure
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Mattel, Inc. : Mattel Issues Statement Regarding Ninth Circuit Court of Appeals Recent Decision

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01/24/2013 | 10:25pm CET

Mattel today issued the following statement regarding Ninth Circuit Court of Appeals recent decision.

We are pleased that the Ninth Circuit Court of Appeals agreed with Mattel that the verdict and damages on MGA's toy fair claims must be reversed, and the claims must be dismissed by the District Court. The Ninth Circuit's decision vacates the district court's judgment awarding MGA approximately $172 million, consisting primarily of compensatory and punitive damages, for the claims MGA made arising out of conduct at toy fairs. Consistent with the Court's affirmance of the award of fees and costs against Mattel arising out of the separate copyright claims, Mattel has taken a reserve of $137.8 million with respect to the fourth quarter of 2012 to cover these fees and costs.

While MGA can in theory bring a new lawsuit based on its toy fair claims, we are confident that such a lawsuit will be barred by the statute of limitations. We look forward to the speedy and final resolution of this dispute, and will continue to focus our efforts on successfully competing in the marketplace.

About Mattel

Mattel, Inc. (NASDAQ:MAT) (www.mattel.com) is the worldwide leader in the design, manufacture and marketing of toys and family products. The Mattel family is comprised of such best-selling brands as Barbie®, the most popular fashion doll ever introduced, Hot Wheels®, Matchbox®, American Girl®, Radica® and Tyco R/C®, as well as Fisher-Price® brands, including Thomas & Friends®, Little People®, Power Wheels® and a wide array of entertainment-inspired toy lines. In 2013, Mattel was named as one of FORTUNE Magazine's "100 Best Companies to Work For" for the sixth year in a row. Mattel also is ranked among Corporate Responsibility Magazine's "100 Best Corporate Citizens." With worldwide headquarters in El Segundo, Calif., Mattel employs approximately 28,000 people in 43 countries and territories and sells products in more than 150 nations. At Mattel, we are Creating the Future of Play. Visit us at www.mattel.com, www.facebook.com/mattel or www.twitter.com/mattel

MAT-CORP

Mattel, Inc
News Media
Alan Hilowitz
310-252-6397
[email protected]
or
Securities Analysts
Drew Vollero
310-252-2703
[email protected]


© Business Wire 2013
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Latest news on MATTEL, INC.
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Financials ($)
Sales 2017 5 035 M
EBIT 2017 161 M
Net income 2017 -573 M
Debt 2017 2 216 M
Yield 2017 5,34%
P/E ratio 2017 -
P/E ratio 2018 40,49
EV / Sales 2017 1,50x
EV / Sales 2018 1,50x
Capitalization 5 359 M
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Mattel, Inc. Technical Analysis Chart | MAT | US5770811025 | 4-Traders
Technical analysis trends MATTEL, INC.
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 15,2 $
Spread / Average Target -2,6%
EPS Revisions
Managers
NameTitle
Mary Margaret Hastings Georgiadis Chief Executive Officer & Director
Richard L. Dickson President & Chief Operating Officer
Christopher A. Sinclair Executive Chairman
Joseph J. Euteneuer Chief Financial Officer
Sven Gerjets Chief Technology Officer
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