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2025-05-08 20:24:14
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finance.yahoo.com on Nostr: finance.yahoo.com ✍️ Mattel CEO Ynon Kreiz announced the company will take ...



✍️ Mattel CEO Ynon Kreiz announced the company will take pricing action in the US due to tariffs and global trade uncertainty, and is diversifying its supply chain and optimizing product sourcing and mix.
👉 Mattel will take pricing action in the US to offset the impact of tariffs and global trade uncertainty
👉 The company is diversifying its supply chain and optimizing product sourcing and mix
👉 Mattel expects price increases to first be seen in Q3
👉 The company is relocating production of 500 toy SKUs from China to other locations
👉 Mattel is increasing its cost savings target for the year to $80 million

#YnonKreiz #AnthonyDiSilvestro #China #UnitedStates #business

https://s.yimg.com/ny/api/res/1.2/MtTjdcVZSMYqy6roO7dRTg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/retail_dive_367/f472800daef3313acb734980ef71125d

https://finance.yahoo.com/news/mattel-warns-price-increases-amid-120100482.html

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