Toys

Funko Reports First Quarter 2024 Financial Results; Reiterates Full-Year Outlook for 2024

Retrieved on: 
Giovedì, Maggio 9, 2024
Licensing (Entertainment), Retail, Toys, Entertainment, Specialty, Depreciation, Webcast, GAAP

*Adjusted net loss, adjusted net loss per share and adjusted EBITDA are non-GAAP financial measures.

Key Points: 
  • *Adjusted net loss, adjusted net loss per share and adjusted EBITDA are non-GAAP financial measures.
  • For a reconciliation of historical adjusted net loss, adjusted loss per share, and adjusted EBITDA, to the most directly comparable U.S. GAAP financial measures, please refer to the “Non-GAAP Financial Measures” section of this press release.
  • However, for the second quarter of 2024 the company expects equity-based compensation of approximately $4 million, depreciation and amortization of approximately $16 million and interest expense of approximately $5 million.
  • Detailed reconciliations of non-GAAP financial measures to the most directly comparable GAAP financial measures are included in the financial tables following this release.

Mattel to Participate in J.P. Morgan’s 52nd Annual Global Technology, Media and Communications Conference

Retrieved on: 
Giovedì, Maggio 9, 2024
Children, Retail, Toys, Consumer, MAT, Conference, Webcast

Mattel, Inc. (NASDAQ: MAT) today announced that Ynon Kreiz, Mattel’s Chairman and Chief Executive Officer, and Anthony DiSilvestro, Mattel’s Chief Financial Officer, will participate in a fireside chat at J.P. Morgan’s 52nd Annual Global Technology, Media and Communications Conference on Tuesday, May 21, 2024 at 9:30 a.m. Eastern time.

Key Points: 
  • Mattel, Inc. (NASDAQ: MAT) today announced that Ynon Kreiz, Mattel’s Chairman and Chief Executive Officer, and Anthony DiSilvestro, Mattel’s Chief Financial Officer, will participate in a fireside chat at J.P. Morgan’s 52nd Annual Global Technology, Media and Communications Conference on Tuesday, May 21, 2024 at 9:30 a.m. Eastern time.
  • The webcast will be available on Mattel’s Investor Relations website, https://investors.mattel.com/ .
  • To listen to the webcast, log onto the website at least 15 minutes early to register, download, and install any necessary software.
  • An archive of the webcast will be available on the Company’s website shortly after the completion of the live webcast.

Funko Appoints Cynthia Williams Chief Executive Officer, Board Member

Retrieved on: 
Giovedì, Maggio 9, 2024
Retail, Specialty, Toys, Hasbro, Magic, FNKO, TCG (company), Xbox, Growth, History, Amazon, Monopoly, Gaming, Microsoft, Dungeon, Dungeons & Dragons, Fandom, Interim, Creativity

Funko, Inc. (Nasdaq: FNKO), a leading pop culture lifestyle brand, today announced that its Board of Directors has appointed Cynthia Williams as its Chief Executive Officer (CEO), effective May 20, 2024.

Key Points: 
  • Funko, Inc. (Nasdaq: FNKO), a leading pop culture lifestyle brand, today announced that its Board of Directors has appointed Cynthia Williams as its Chief Executive Officer (CEO), effective May 20, 2024.
  • Williams is also expected to join the Funko Board of Directors on that date.
  • Williams will bring nearly two decades of senior leadership experience across the consumer products, gaming and e-commerce industries.
  • With Funko now on a solid foundation, Cynthia will come in and drive the company to the next phase of growth and profitability.

Hasbro Announces Pricing of Public Offering of Notes

Retrieved on: 
Mercoledì, Maggio 8, 2024
Department Stores, Other Retail, Finance, Entertainment, Toys, Specialty, Professional Services, Other Entertainment, General Entertainment, Retail, Sale, J.P. Morgan & Co., Offering, Security (finance), BofA Securities, Note

Hasbro, Inc. (NASDAQ: HAS) (“Hasbro”) announced today the pricing of an underwritten registered public offering (the “Offering”) of $500,000,000 aggregate principal amount of 6.050% Notes due 2034 (the “Notes”).

Key Points: 
  • Hasbro, Inc. (NASDAQ: HAS) (“Hasbro”) announced today the pricing of an underwritten registered public offering (the “Offering”) of $500,000,000 aggregate principal amount of 6.050% Notes due 2034 (the “Notes”).
  • Subject to customary closing conditions, the Offering is expected to settle and close on or about May 14, 2024.
  • The net proceeds from the Offering will be approximately $495 million, after giving effect to the underwriting discount but not estimated offering expenses payable by Hasbro.
  • Hasbro intends to use the net proceeds of the Offering for general corporate purposes, including to redeem or repay outstanding indebtedness.

Mattel Appoints Karen Ancira Executive Vice President and Chief People Officer

Retrieved on: 
Mercoledì, Maggio 8, 2024
Online Retail, Consumer, Retail, Toys, Children, Lead, University, KFC, Parity, EAE, PepsiCo, Human resources, Yum, Multimedia, MBA, EAE Business School, Culture, Management

Mattel, Inc. (NASDAQ: MAT) announced today that Karen Ancira has been appointed Executive Vice President and Chief People Officer for the company, effective May 15, 2024.

Key Points: 
  • Mattel, Inc. (NASDAQ: MAT) announced today that Karen Ancira has been appointed Executive Vice President and Chief People Officer for the company, effective May 15, 2024.
  • Ms. Ancira will report to Ynon Kreiz, Chairman and CEO of Mattel.
  • Brands, Ms. Ancira was most recently Chief People and Culture Officer, KFC, US and previously for KFC in Australia, Latin America, and the Caribbean.
  • Ms. Ancira brings to Mattel strong expertise in building progressive workplace cultures, fostering organizational development and effectiveness, and spearheading DE&I initiatives.

RICE 2024 Announces a Stellar Speaker Lineup for Summer Conference in Chicago

Retrieved on: 
Giovedì, Maggio 2, 2024
Footwear, Restaurant, Bar, Office Products, Jewelry, Convenience Store, Catalog, Delivery Services, Bridal, Toys, Other Retail, Home Goods, Wine & Spirits, Tobacco, Supply Chain Management, Supermarket, Online Retail, Specialty, Luxury, Discount, Variety, Department Stores, Food, Beverage, Fashion, Cosmetics, Retail, Organic Food, Science, Walmart, Corporate title, Primark, RICE, Social media, News, EVP, Strategic management, The Royal Group, Commerce, Marketing, User experience, Conference, McCormick Place, Zappos, SVP, Liquid Death, Amazon Fresh, Female, Growth, Video game

The Retail Innovation Conference and Expo (RICE), the go-to annual event for retail and brand executives, today announced its speaker lineup for the 2024 conference taking place June 4-6 at McCormick Place, Chicago.

Key Points: 
  • The Retail Innovation Conference and Expo (RICE), the go-to annual event for retail and brand executives, today announced its speaker lineup for the 2024 conference taking place June 4-6 at McCormick Place, Chicago.
  • This year, RICE will feature top speakers from both heritage and emerging retail brands, including Michaels, Petco, Liquid Death, and Babylist.
  • “The Retail Innovation Conference has always been known for curating thought-provoking content,” said Erica Brant, RICE Conference Content Manager, “and this year is going to be even better.
  • Keep up with the latest news from RICE on Facebook , X (formerly Twitter) , Instagram , and LinkedIn .

Bold and Daring meets Kind and Caring: Introducing Herotron, a Revolutionary Blend of Doll Stroller and Hero Mobile

Retrieved on: 
Mercoledì, Maggio 1, 2024
Parenting, Department Stores, Children, Baby, Maternity, Toys, Family, Preschool, Consumer, Retail, Education, Multimedia, Child, Imagination, Empowerment, Father, Power, Parent, Adventure, Toy

Seamlessly merging the practicality of a doll stroller with the excitement of a hero mobile, the Montessori-inspired Herotron promises to revolutionize playtime for kids.

Key Points: 
  • Seamlessly merging the practicality of a doll stroller with the excitement of a hero mobile, the Montessori-inspired Herotron promises to revolutionize playtime for kids.
  • View the full release here: https://www.businesswire.com/news/home/20240501987410/en/
    The Herotron isn't just a toy; it's a gateway to boundless adventures and creative exploration for children.
  • “We added the superhero aesthetic because we want to combat the narrative that pushing a doll stroller is soft and weak.
  • With a doll stroller perfectly sized for standard dolls and an added hero mobile element, the bold black Herotron promises endless excitement and imaginative play.

Jazwares Signs Sweet Co-Branding Deal With See’s Candies

Retrieved on: 
Mercoledì, Maggio 1, 2024
Teens, Children, Toys, Specialty, Home Goods, Family, Food, Beverage, Generation Z, Consumer, Retail, Social media, Candy, Candies, Gen, Halloween, Multimedia, Beauty, Bat, Alleghany Corporation

Releasing in October, this gift set is perfect for trick-or-treaters and fans of Halloween and will be available for purchase while supplies list.

Key Points: 
  • Releasing in October, this gift set is perfect for trick-or-treaters and fans of Halloween and will be available for purchase while supplies list.
  • “Partnering with See’s Candies is the perfect way to further introduce Squishmallows into the consumables space,” said Gerhard Runken, Executive Vice President of Brand & Marketing at Jazwares.
  • There are currently more than 13 billion video views on TikTok and Squishmallows has been tagged more than 1 million times on Instagram.
  • To stay connected and informed about See’s, sign up to receive their email newsletter at https://www.sees.com/emailsignup and follow @seescandies on all social platforms.

Matchbox Launches New Mercedes-Benz Die-Cast Car to Celebrate the Reveal of the All-New Electric G-Class

Retrieved on: 
Martedì, Aprile 30, 2024
Environment, EV, Electric Vehicles, Automotive, Toys, Chemicals, Plastics, Manufacturing, Sustainability, Retail, Recycling, ISCC, Mass, Part, SRP, Plastic, Multimedia, Mercedes-Benz, Mercedes-Benz G-Class, Toy

The new die-cast vehicle was created to celebrate the iconic Mercedes-Benz G-Class and the recent reveal of its all-new electric model.

Key Points: 
  • The new die-cast vehicle was created to celebrate the iconic Mercedes-Benz G-Class and the recent reveal of its all-new electric model.
  • The premium die-cast car features recycled metal and a minimum of 81% ISCC-certified plastic (mass balance approach*), highlighting how Matchbox is evolving its product offerings.
  • The new die-cast vehicle was created to celebrate the iconic Mercedes-Benz G-Class and the recent reveal of its all-new electric model.
  • The Matchbox Mercedes-Benz all-new electric G-Class die-cast Moving Parts Series will be available at retailers nationwide this fall for $2.99 SRP.

POP MART: Revolutionizing Collectibles in the UK

Retrieved on: 
Lunedì, Aprile 29, 2024
Toys, Retail, Other Consumer, Consumer, Department Stores, Specialty, MART, Multimedia, Heart, Creativity, Collection, POP, Imagination, Diving, Oxford Street

It's not about the latest tech start-up or fashion trend—this is the collectible revolution, spearheaded by China's leading name in the game: POP MART.

Key Points: 
  • It's not about the latest tech start-up or fashion trend—this is the collectible revolution, spearheaded by China's leading name in the game: POP MART.
  • With its unique blend of artistry, mystery, and exclusivity, POP MART is reshaping what it means to be a collector in the modern age.
  • But before diving into POP MART's burgeoning presence in the UK, let's unravel the concept central to its success: the blind box.
  • POP MART's expansion into the UK market is a testament to its global appeal.