Mattel Inc
NASDAQ:MAT

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Mattel Inc
NASDAQ:MAT
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Price: 18.43 USD 0.93% Market Closed
Market Cap: 6.2B USD

Mattel Inc
Investor Relations

Mattel Inc., nestled in the heart of El Segundo, California, has long been a beacon in the global toy industry, weaving its narrative around some of the most iconic brands that have marched through childhoods around the world. With a colorful portfolio that includes household staples like Barbie, Hot Wheels, Fisher-Price, and American Girl, Mattel does more than simply manufacture toys. It creates stories, worlds, and experiences, capturing the imagination of every new generation. The company operates through multiple segments, including North America, International, and American Girl. By cultivating these beloved brands, Mattel has built an enduring business model that combines nostalgia with innovation, ensuring that its products resonate with both children and parents alike.

At the heart of Mattel's revenue stream lies a multi-tiered approach encompassing consumer product sales, licensing agreements, and robust digital initiatives. The sales core is bolstered by an extensive retail network which places its toys on countless shelves globally, from giant retail chains to local stores. Moreover, Mattel has adeptly extended its brands into other media, securing licensing deals that translate its toys into movies, television shows, and digital content, forging a multidimensional presence in the entertainment universe. Digital ventures, including mobile games and virtual reality experiences, further enhance the company's revenue streams, showcasing its ability to pivot in a rapidly evolving market landscape. By fostering a synergy between physical toys and digital experiences, Mattel crafts a holistic and adaptable business model that secures its place both in playrooms and within the digital sphere.

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Earnings Calls

2024 Q3
Oct 23, 2024
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Mattel Reports Growth Amid Challenges from Barbie Movie Comparison
2024 Q3
Oct 23, 2024

In the third quarter of 2024, Mattel faced tough year-over-year comparisons due to the previous success of the Barbie movie. Despite a 4% decline in net sales to $1.84 billion, adjusted gross margins rose 210 basis points to 53.1%. Adjusted EPS increased by 6% to $1.14. Free cash flow improved by nearly 50% to $688 million. Looking ahead, while full-year sales are anticipated to be flat to slightly down, the company expects fourth-quarter growth driven by strong product offerings and holiday season performance. Adjusted EBITDA is forecasted between $975 million and $1.025 billion, with EPS projected to grow by double digits to $1.35-$1.45.

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Management

Mr. Anthony P. DiSilvestro
Chief Financial Officer
No Bio Available
Mr. Sailendra Koorapati
Senior VP & Chief Technology Officer
No Bio Available
Mr. David Zbojniewicz
VP & Head of Investor Relations
No Bio Available
Ms. Catherine Frymark
Executive Vice President of Corporate Communications
No Bio Available
Ms. Karen Ancira
Executive VP & Chief People Officer
No Bio Available
Ms. Lisa McKnight
Executive Vice President & Chief Brand Officer
No Bio Available
Ms. Robbie Brenner
President of Mattel Films
No Bio Available
Mr. Josh Silverman
Executive VP & Chief Franchise Officer
No Bio Available
Mr. Chris Down
Executive VP & Chief Design Officer
No Bio Available
Ms. Michelle Mendelovitz
Head of Mattel Television Studios
No Bio Available

Contacts

Address
CALIFORNIA
El Segundo
333 Continental Blvd
Contacts
+13105243607.0
www.mattel.com