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Mattel Says It’s Going to Raise Prices

CNBC on MSN · 1d

Mattel CEO Ynon Kreiz: Cheaper to manufacture toys outside the U.S. even with tariffs in place

Mattel chairman and CEO Ynon Kreiz joins 'Squawk Box' to discuss the company's quarterly earnings results, why the company is pausing its financial guidance, impact of President Trump's tariffs, whether the company can move toy manufacturing back to the U.

KTLA-TV Los Angeles on MSN · 17h

Toymaker Mattel plans to raise prices due to tariffs

El Segundo, California-based Mattel has announced it will raise toy prices in the U.S. due to increased tariffs on imports from China. The tariffs, imposed by the Trump administration, aim to bring manufacturing back to the United States by taxing goods from other countries.

Mattel Says It’s Going to Raise Prices After Trump Says Americans Don’t Need So Many Dolls

As far as its efforts to address tariffs, Kreiz said that the company is also focused on diversifying its global supply chain to reduce its reliance on China. The Mattel chief claimed in the conversation today that in two years, no single country will represent more than 25% of Mattel’s sourcing.

1don MSN

Mattel considers price hikes in response to tariffs after Trump says kids don’t need a lot of dolls

Toy makers say toys are an important part of a child's growth and development, but President Trump insists children don't ...

1don MSN

Mattel: Your kid's next Barbies may be more expensive

Mattel's CEO Ynon Kreiz said he expects "40% to 50% of our product will be priced at $20 or less." ...

1d

Why Mattel Stock Was Climbing Today

Shares of Mattel (NASDAQ: MAT) were moving higher today after the toymaker reported better-than-expected results in its first ...

1d

Why this analyst says Mattel is attractive & 'undervalued'

Mattel (MAT) beat first quarter earnings estimates but paused its full-year guidance, citing macroeconomic headwinds. Jaime ...

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