Mattel Inc

MAT

Equity

ISIN US5770811025 / Valor 950108

NASDAQ (2024-09-17)

USD 19.26+1.26%

Mattel Inc
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About company

Mattel Inc. is a prominent global toy and family entertainment company known for its iconic brand portfolio, which includes popular franchises like Barbie, Hot Wheels, Fisher-Price, and American Girl. The company engages consumers through a variety of offerings, including toys, content, consumer products, digital experiences, and live events. Mattel's products are distributed through partnerships with leading retail and e-commerce companies worldwide, solidifying its presence in the toy industry.

Summarized from source with an LLMView SourceSector: Consumer Cyclicals

Net Sales

In the second quarter of 2024, Mattel Inc. reported net sales of $1,080 million, which represents a 1% decrease compared to the same period in the previous year. When adjusted for constant currency, net sales remained comparable to the prior year.

Gross Margin

Mattel Inc. achieved a gross margin of 49.2% in the second quarter of 2024, marking an increase of 410 basis points from the previous year. The adjusted gross margin also stood at 49.2%, reflecting an increase of 430 basis points.

Operating Income

For the second quarter of 2024, Mattel Inc. reported an operating income of $83 million, which is an improvement of $20 million compared to the same quarter last year. The adjusted operating income was $96 million, showing an improvement of $21 million.

Net Income

Mattel Inc. reported a net income of $57 million for the second quarter of 2024, which is an improvement of $30 million compared to the same period in the previous year. This reflects the company's increased profitability during this quarter.

Earnings Per Share

In the second quarter of 2024, Mattel Inc. reported earnings per share of $0.17, compared to $0.08 per share in the same quarter last year. The adjusted earnings per share were $0.19, an improvement from $0.10 per share in the previous year.

Summarized from source with an LLMView Source

Key figures

-8.59%1Y

-5.50%3Y

66.5%5Y

Performance

31.1%1Y

34.4%3Y

39.4%5Y

Volatility