May 6, 2005 |
Benetton Group, Italy's largest clothing maker, said it had reached an agreement with Mattel Inc. to make apparel for girls under the Barbie brand. The new line will be called Barbie Loves Benetton and will be in stores by September, the Treviso, Italy-based company said. The agreement with El Segundo-based Mattel, the world's largest toy maker, runs through 2006.
January 31, 2014 |
Mattel Inc.'s earnings during the all-important holiday season left Wall Street cold, suggesting that kids weren't clamoring to be given toys. The El Segundo company's net income was up 23%, rising to $1.07 a share, or $369.2 million, from 87 cents a share, or $306.5 million, a year earlier - a period that had been dampened by a massive litigation charge. But the toy giant's performance disappointed analysts, who had expected profit of $1.19 a share. Revenue also fell short of projections, declining 6% to $2.11 billion and missing the $2.37-billion mark set by forecasters as well as Mattel's own expectations.
October 16, 1992
Mattel Inc. reported a 20% increase in third-quarter profit Thursday, an indication of the $8-billion toy industry's continued health. The El Segundo-based toy maker earned $70.1 million, or 71 cents a share, in the quarter ended Sept. 30. The company also reported a net sales increase of 14% over the 1991 period, with revenue of $606 million, up from $532 million.
April 12, 2006 |
Mattel Inc. has signed a deal with Universal Studios to market and distribute DVDs based on two of the toy maker's doll lines, Barbie and Polly Pocket, the companies said. Financial terms were not disclosed. The multiyear deal gives Universal worldwide distribution rights for the movies. The company's previous distribution deal with Mattel was limited to Barbie DVD releases outside the U.S. Film studio Lionsgate handled domestic releases.