Seeing low-income consumers squeezed, retailers target $10 and under gifts

Retailers are stocking more affordable gifts below $10 to attract low-income consumers during the holidays amid rising inflation and shorter shopping periods.

Seeing Trump 2.0 tariffs coming, America's toymakers gird for ruckus

Mattel shares rise 5% on 'strong' Black Friday sales

Mattel's stock rose 5.1% due to strong Black Friday sales; they anticipate challenges in 2024 but a promising outlook for 2025 and beyond.

Mattel sued over 'Wicked' dolls with porn website link

A South Carolina mother sued Mattel after her daughter accessed a pornographic website via a link mistakenly included on 'Wicked' doll packaging, seeking $5 million in damages.

Hot Wheels, G.I. Joes aplenty on Shein, Temu amid worry over fake products

Earnings call: Mattel reports mixed Q3 results amid challenging comparisons

Hasbro posts quarterly sales drop but cost savings prop margins

Hasbro reported a significant Q3 sales drop, but improved margins due to cost controls. Revenue fell for the ninth consecutive quarter, and future forecasts remain gloomy.

Mattel shares rise as Q3 profit tops estimates, despite lowered guidance

Mattel Inc. reported strong Q3 earnings with adjusted EPS of $1.14, despite a slight revenue miss at $1.84 billion and declining sales in some toy categories.

Mattel beats profit estimates on cost controls but trims annual sales forecast

Mattel exceeded profit expectations but lowered its annual sales forecast due to declining toy demand, while implementing cost-saving measures to navigate the challenging market.

Mattel recalls Fisher-Price Snuga infant swings on suffocation risks after five deaths

Mattel recalls Fisher-Price Snuga infant swings after five suffocation-related deaths; Consumers advised to remove headrests and inserts, with partial refunds offered.