Mattel (MAT) Company Overview

Mattel is considering raising toy prices to help offset the impact of President Donald Trump's tariffs on imports from China, Mexico, and Canada.

We have just put together a list of 10 companies that have improved their earnings and outlook. In this article, we will examine how Mattel Inc. (NASDAQ:MAT) compares to other stocks. On Wednesday, the stock market continued its positive trend, closing higher as investors appeared to have anticipated the recent news.

Mattel is thinking about raising the prices of its Barbie and Hot Wheels toys to help cover the expenses caused by President Donald Trump's tariffs.

Mattel exceeded predictions for sales and profits in the fourth quarter, leading to a more than 15% increase in its stock price today, thanks to a promising outlook for 2025. However, company leaders recognized that the newly announced tariffs might pose challenges for them.

Mattel (MAT) shares increased by over 12% in premarket trading on Wednesday after the company, known for Barbie dolls and Hot Wheels, revealed strategies to handle potential tariffs by using its supply chain and raising prices. Additionally, it projected unexpected sales growth for 2025.

The main figures for Mattel (MAT) provide an overview of the company's performance for the quarter that ended in December 2024. However, it could be useful to compare some important metrics with Wall Street predictions and the results from the same period last year.

Mattel reported a net income of $141 million, which is a decrease of $6 million, while revenue increased by 2% to reach $1.65 billion. This performance exceeded expectations for the quarter and led to a more optimistic full-year forecast, causing the stock price to rise.

After the market closed on Tuesday, Mattel Inc.'s stock rose significantly because the toy company predicted a higher adjusted profit per share for this year than what analysts had expected. This positive outlook comes as the company considers various measures, such as possible price adjustments, to deal with new tariffs imposed by President Donald Trump.

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT), a top global toy and family entertainment company known for its famous brands, is starting its 80th anniversary with a year-long celebration called 80 Moments for 80 Years. This initiative highlights the company's commitment to giving back to the communities where they operate. In 2025, the Mattel Children's Foundation will showcase many years of meaningful partnerships and charitable efforts.