Mattel has announced their first quarter financial figures for 2022.
-Net Sales of $1,041 million, up 19% as reported, and 22% in constant currency.
-Reported Gross Margin of 46.4%, a decrease of 70 basis points; Adjusted Gross Margin of 46.6%, a decrease of 70 basis points.
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JAKKS Pacific, Incorporated [NASDAQ: JAKK] has reported financial results for the first quarter ended March 31, 2022, the highest in 14 years. Net sales were $120.9 million, up 44% compared to $83.8 million last year
-Highest Q1 net sales since 2008
-Costume business more than doubled vs. Q1 2021
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It’s time to meet the much-loved Heeler family, who will be coming to theaters all across the United States with the Bluey live show, Bluey’s Big Play The Stage Show! Grab the sticky geckos, break out the duck cakes, and alert the grannies!
Five innovation pioneers whose inventions range from cataract surgery to the modern automobile will be honored as part of the latest class of National Inventors Hall of Fame (NIHF) Inductees, including the inventor of the Super Soaker, Lonnie Johnson.
Mondo TV Studios, part of the Mondo TV Group, one of the largest European producers and distributors of animated content, together with family entertainment maverick Kenn Viselman and Meteo Expert has announced big news for its mega-hit MeteoHeroes: a TV debut in North America on PBS, and new awards inspired by the environmentally focused animated children’s show.
TTPM, the leader in video product reviews for toys, baby, and pet gear, has released their Spring Most Wanted 2022 List. The list features the best products kids are wishing for this season across three different categories: Entertainment, Imagination and Outdoor Play.
Superights, the kids and family international distribution division of Superprod Group is honored to welcome Juliette Béchu as Sales Manager & Acquisitions. Based in Paris, Juliette will be in charge of the Asian territory as well as Australia and New Zealand. Her experience will also contribute to the Acquisitions strategy of the branch helping Deputy General Manager Nathalie Pinguet.
Moose Toys is kicking off 2022 with another incredibly talented addition to their global management team, in the form of Steve Arkeveld, as USA General Manager. Based in El Segundo, Steve will commence his new role on May 2nd. He will be responsible for all facets of the US business including strategic planning, delivering commercial targets and growing the fantastic culture that Moose is already so famous for.
Mattel, Incorporated (NASDAQ: MAT) and Warner Bros. Pictures announced today that J.J. Abrams’ Bad Robot will produce Hot Wheels, a live-action motion picture featuring the iconic and timeless toy racing car. The high-throttle action film will bring to life this beloved, multi-generational franchise and showcase some of the world’s hottest and sleekest cars, monster trucks and motorcycles.