Mattel (NASDAQ: MAT) reported Q2 EPS of $0.18, $0.12 better than the analyst estimate of $0.06. Revenue for the quarter came in at $1.24 billion versus the consensus estimate of $1.1 billion.

GUIDANCE:

Mattel sees FY2022 EPS of $1.42-$1.48, versus the consensus of $1.48.

2022 Guidance and 2023 Goals

Mattel’s 2022 guidance is:

(in millions, except EPS and percentages)		FY2022 Expected		FY2021
Net Sales		+8 - 10% (Constant Currency)		$5,458
Net Sales Currency Translation		(2 - 3%)
Adjusted Gross Margin		47 - 48%		48.2%
Adjusted EBITDA		$1,100 - $1,125		$1,007
Adjusted EPS		$1.42 - $1.48		$1.30
Adjusted Tax Rate		26 - 28%		25%
Capital Expenditures		$175 - $200		$151

Mattel’s 2023 goals remain as follows:

For earnings history and earnings-related data on Mattel (MAT) click here.