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Stock impact report

Mattel (NASDAQ:MAT) Misses Q1 Sales Targets [Yahoo! Finance]

Mattel, Inc. (MAT) 
Last mattel, inc. earnings: 2/13 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.shareholder.com/mattel
Company Research Source: Yahoo! Finance
It made a GAAP loss of $0.08 per share, improving from its loss of $0.30 per share in the same quarter last year. Is now the time to buy Mattel? Find out in our full research report Mattel (MAT) Q1 CY2024 Highlights: Revenue: $809.5 million vs analyst estimates of $832.9 million (2.8% miss) EPS: -$0.08 vs analyst estimates of -$0.14 (41.8% beat) Full year EPS guidance of $1.40 (in line) Gross Margin (GAAP): 48%, up from 40% in the same quarter last year Free Cash Flow of $5 million, down 99.4% from the previous quarter Market Capitalization: $6.41 billion Ynon Kreiz, Chairman and CEO of Mattel, said: “We are off to a good start to the year with significant gross margin expansion, positive Adjusted EBITDA, and very strong improvement in free cash flow. Trends in consumer demand for our product improved through the quarter and we expect to outpace the industry and gain market share in 2024. We are executing our strategy to grow our IP-driven toy business and expand our Show less Read more
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