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30.04.26 - 00:00
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Mattel Swings To Profit In Q1 (AFX)
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EL SEGUNDO (dpa-AFX) - Mattel, Inc. (MAT) reported its first-quarter earnings on Wednesday for the period ending March 31, 2026. The toy manufacturing company achieved a net income of $61 million,......
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29.04.26 - 22:09
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Mattel Reports First Quarter 2026 Financial Results (Business Wire)
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First Quarter 2026 Highlights Versus Prior Year
Net Sales of $862 million, up 4% as reported, and 1% in constant currency
Gross Margin of 44.9%, a decrease of 450 basis points; Adjusted Gross Margin1 of 45.1%, a decrease of 450 basis points
Operating Loss of $103 million, as compared to a loss of $53 million; Adjusted Operating Loss1 of $70 million, as compared to a loss of $8 million
Net Income of $61 million, as compared to a loss of $40 million
Earnings per Share of $0.20 compared to a loss of $0.12 per share; Adjusted Loss per Share1 of $0.20 compared to an Adjusted Loss of $0.02 per share
Business Highlights
Growth in Net Sales and positive consumer demand for our products in the first quarter
Completed acquisition of full ownership of Mattel163 mobile games studio in early March
Making strong progress on our digital strategy
Repurchased $200 million of shares; maintaining $400 million target for 2026
2026 guidance unchanged, with the exception of recasting certain non-GAAP financial measures to excl...
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