Hot Wheels sales are on fire, powered by adult collectors and nostalgia [Yahoo! Finance]
Mattel, Inc. (MAT)
Last mattel, inc. earnings: 2/13 04:05 pm
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Source: Yahoo! Finance
He might squeeze a firecracker into one of the miniature metal cars and set it off, or flatten one with a hammer to see whether it still rolled. Now 63, he wouldn't dare rough up his toys. His collection is so prolific it literally fills a warehouse in suburban Washington, D.C., and includes the Pink Rear Load Beach Bomb prototype, the rarest Hot Wheels ever made. Subscribe to The Post Most newsletter for the most important and interesting stories from The Washington Post. Though Pascal's 8,000-car fleet is singular, he is part of a growing contingent of enthusiasts fueling Hot Wheels dominance - it's the best-selling toy in the world, according to market research firm Circana. Though purchases are still primarily made for children, adults are buying them at a faster clip, said Roberto Stanichi, who oversees Hot Wheels at Mattel. He estimates that adult collectors drive about one-third of global revenue. Investors have been bracing for the eventual drop off in sales, said Arpi
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News
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- Barbie Dance Party Game from Mattel and Nex Playground Launches Today [Yahoo! Finance]Yahoo! Finance
- Barbie Dance Party Game from Mattel and Nex Playground Launches TodayBusiness Wire
- Seeing Trump 2.0 tariffs coming, America's toymakers gird for ruckus [Yahoo! Finance]Yahoo! Finance
MAT
Earnings
- 10/23/24 - Beat
MAT
Sec Filings
- 11/14/24 - Form SC
- 10/30/24 - Form 10-Q
- 10/23/24 - Form 8-K
- MAT's page on the SEC website