Mattel (MAT) Misses Q3 EPS by 9c, Sales Miss

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Go back to Mattel (MAT) Misses Q3 EPS by 9c, Sales Miss

Mattel Reports Third Quarter 2015 Financial Results And Declares Quarterly Dividend

October 15, 2015 4:05 PM EDT

EL SEGUNDO, Calif., Oct. 15, 2015 /PRNewswire/ -- For the third quarter of 2015, Mattel, Inc. (NASDAQ: MAT) today reported worldwide net sales down 4% in constant currency, adjusted operating income of $321.6 million and adjusted earnings per share of $0.71.   

"Our results for the quarter, excluding the significant impact from currency exchange rates, were broadly in line with our expectations at this stage of our turnaround," said Christopher Sinclair, Mattel Chairman and CEO. "Importantly, we're very encouraged by the progress we are making on reenergizing the company, building momentum in our core brands, improving retail... More