Mattel wants to prove that their toys can work as movies, not just playthings. After Barbie shocked Hollywood with a $1. 5 billion hit, the company bet heavily on another icon: He-Man. The blue-haired hero ruled toy aisles in the 1980s but now struggles to feel modern. This weekend, a $170 million H
Mattel, the maker of Barbie and Hot Wheels, saw its share price fall sharply after reporting a lower net profit for the fourth quarter, even though total sales climbed. The company earned $106 million in net income for the period, translating to 35 cents per share. This is down from $141 million
Mattel, the company behind beloved brands like Barbie and Hot Wheels, is diving into a new adventure. They're planning to build a unique water park in Orlando, Florida. This won't be your typical water park, though. It's going to have a retractable roof, so the fun can go on rain or shine. The park
Mattel, known for its toys, is diving into a new adventure: indoor water parks. This move comes after a tough financial quarter, where the company didn't meet Wall Street's expectations. But Mattel's CEO, Ynon Kreiz, sees a silver lining. He believes the company's brands still have strong consumer d
