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Stock impact report

Mattel Reports First Quarter 2024 Financial Results [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
Gross Margin of 48.0%, an increase of 800 basis points; Adjusted Gross Margin of 48.3%, an increase of 830 basis points Operating Loss of $36 million, an improvement of $80 million; Adjusted Operating Loss of $23 million, an improvement of $63 million Net Loss of $28 million, an improvement of $78 million Loss per Share of $0.08 compared to a Loss of $0.30 per share; Adjusted Loss per Share of $0.05 compared to an Adjusted Loss of $0.24 per share Adjusted EBITDA of $54 million, an improvement of $67 million Repurchased $100 million of shares Company reiterates 2024 guidance EL SEGUNDO, Calif., April 23, 2024 BUSINESS WIRE )--Mattel, Inc. (NASDAQ: MAT) today reported first quarter 2024 financial results. 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 quarte Show less Read more
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