Mattel is looking at potentially upping toy prices as part of its efforts to mitigate President Donald Trump’s tariffs on imports from China, Mexico and Canada. Over the past weekend ...
Mattel shares surged more than 15% after the toy giant said it’s weighing price increases for Barbie and other iconic brands because of President Trump’s tariffs on Chinese goods. The El ...
President Trump's move to tack an additional 10% tariff on U.S. imports from China could lead Mattel to hike the price of its Barbie, Hot Wheels and other toys. Mattel Chief Financial Officer ...
with China expected to represent less than 40% of global production for Mattel toys. The U.S. represents about half of Mattel’s global toy sales, so “our tariff exposure in the U.S. related to ...
on February 27, 2021, but tariffs on goods produced in China, Mexico and Canada might cause prices to rise on such Mattel toys. File Photo by Bill Greenblatt/UPI Feb. 5 (UPI) --The cost might rise ...
Mattel Chief Financial Officer Anthony DiSilvestro issued a blunt warning over the impact tax hikes would have on the company, which manufactures 40 percent of its toys in China and roughly ...
The move comes as Trump imposed sweeping tariffs on China, Mexico and Canada on Saturday, which Mattel aims to mitigate through supply chain optimization and potential price increases on its toys.
President Trump's move to tack an additional 10% tariff on U.S. imports from China could lead Mattel to hike the price of its Barbie, Hot Wheels and other toys. Mattel Chief Financial Officer ...
Mattel Forecasts Annual Profit Above Estimates, Signals Price Hikes on Toys By Savyata Mishra (Reuters) -Toymaker Mattel on Tuesday forecast full-year profit above Wall Street expectations as the ...
Shares of Mattel Inc. jumped after hours on Tuesday after the toy maker forecast an adjusted per-share profit for this year that came in above analysts’ expectations, saying it had plans in ...
Advertisement The changes could especially affect the cost of doing business in China and Mexico, where Mattel produces 40% and less than 10% of its toys, respectively. With China and Mexico ...