Mattel Inc

MAT

Equity

ISIN null / Valor 950108

NASDAQ (2025-06-16)

USD 19.33+2.82%

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 third quarter of 2024, Mattel Inc reported net sales of $1,844 million, reflecting a decrease of 4% as reported and 3% in constant currency compared to the same quarter last year.

Gross Margin Improvement

The company's gross margin increased to 53.1%, up by 210 basis points from the third quarter of the previous year. This improvement was driven by supply chain efficiencies, cost-saving initiatives, and favorable foreign exchange rates.

Net Income and Earnings Per Share

Mattel Inc achieved a net income of $372 million in Q3 2024, an increase of $226 million from the prior year. Earnings per share rose to $1.09, up from $0.41 per share, while adjusted earnings per share reached $1.14 compared to $1.08.

Adjusted EBITDA and Operating Income

Adjusted EBITDA for the third quarter was $584 million, marking an improvement of $5 million year-over-year. Reported operating income increased to $488 million, up by $14 million compared to the third quarter of 2023.

Share Repurchases

During the third quarter, Mattel Inc repurchased $68 million worth of shares, bringing the nine-month total to $268 million, underscoring the company’s commitment to returning value to shareholders.

Summarized from source with an LLMView Source

Key figures

12.2%1Y

-9.93%3Y

90.1%5Y

Performance

43.6%1Y

35.3%3Y

35.3%5Y

Volatility