Mattel Names Steve Totzke President and COO, Cuts 2026 Forecasts on Soft Demand
New CEO Roger Lynch names Steve Totzke President and COO as Mattel cuts annual sales and earnings outlook on weak demand.
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Mattel Shares Jump After Report of Takeover Talks With Authentic Brands Group
Authentic Brands has privately discussed buying Mattel for more than $20 a share. Neither side has confirmed a deal.
Mattel Replaces Longtime CEO Ynon Kreiz With Condé Nast’s Roger Lynch as Stock Slides
Ynon Kreiz leaves Mattel for a senior Paramount Skydance role.
Mattel Acquires Full Ownership of Gaming Joint Venture Despite Missing Q4 Earnings
Mattel buys NetEase's stake in Mattel163 for $159M to boost mobile gaming, while Q4 results miss estimates. Stock falls 26% on weak holiday sales and lower 2026 profit outlook.
Mattel Misses Sales Target as Retailers Delay Toy Orders Amid Tariff Uncertainty
Mattel's Q3 earnings fell short as US retailers postponed orders due to tariff concerns. Stock dropped 6% after reporting $1.74B in sales versus $1.84B expected.