Mattel, Inc.
19.03-0.20 (-1.04%)
Oct 29, 4:00:01 PM EDT · NasdaqGS · MAT · USD
Key Stats
Market Cap
6.13BP/E (TTM)
14.42Basic EPS (TTM)
1.32Dividend Yield
0%Recent Filings
10-Q
8-K
Mattel Q3 sales dip 6%
Mattel reported Q3 2025 net sales of $1,736 million, down 6% as reported and 7% in constant currency, driven by a 12% drop in North America despite 3% international growth. Gross margin slipped to 50.0% from 53.1%, hit by foreign exchange, inflation, and tariffs, while operating income fell to $380 million. Hot Wheels surged 8%, but Barbie and Fisher-Price declined sharply. Sales weaken in the US. Yet guidance holds steady for 1-3% full-year growth.
10-Q
Q2 FY2025 results
Mattel posted Q2 net sales of $1.02B, down 6% y/y but up 11% q/q (derived), with gross margin expanding to 50.9% from 49.2% y/y thanks to OPG program savings and supply chain efficiencies, though cost inflation bit back. Operating income dipped to $78.5M from $83.2M y/y, while diluted EPS held at $0.16, reconciling neatly to 325.5M shares; YTD figures show $1.85B sales off 2% y/y and $25.5M operating income versus $47.7M last year, dragged by Q1 softness. International sales surged 7% y/y to $508M, fueled by Hot Wheels and action figures tied to Jurassic World and Minecraft releases, offsetting North America's 16% drop amid tariff jitters and ordering delays. Cash stood at $870M with no revolver draws, total debt steady at $2.34B including $600M notes due 2026, and free cash flow not disclosed in the 10-Q; the OPG program notched $126M in cumulative savings so far. Yet tariff uncertainty looms large.
8-K
Mattel Q2 sales dip 6%
Mattel reported Q2 2025 net sales of $1,019 million, down 6% year-over-year, hammered by a 16% drop in North America but lifted by 7% international growth. Gross margin climbed to 50.9%, fueled by cost savings and better mix, while adjusted EPS held steady at $0.19 amid trade headwinds. Vehicles surged 10% on Hot Wheels strength, yet dolls fell 19%. Updated 2025 guidance eyes 1-3% sales growth; share buybacks hit $210 million halfway.
8-K
Mattel amends charter for officer exculpation
Mattel stockholders approved an amendment to the company's Restated Certificate of Incorporation at the May 28, 2025 Annual Meeting, extending liability exculpation to officers under Delaware law; the change took effect May 29 upon filing. All 10 director nominees won election with strong majorities, auditors were ratified, and executive pay approved on advisory vote. Yet the climate disclosure plan failed resoundingly. This bolsters governance protections amid shareholder priorities.
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