Mattel (MAT) Declares $0.38 Quarterly Dividend; 5% Yield

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Go back to Mattel (MAT) Declares $0.38 Quarterly Dividend; 5% Yield

Mattel Reports Third Quarter 2016 Financial Results And Declares Quarterly Dividend

October 19, 2016 4:05 PM EDT

EL SEGUNDO, Calif., Oct. 19, 2016 /PRNewswire/ -- For the third quarter of 2016, Mattel, Inc. (NASDAQ: MAT) reported worldwide net sales were flat as reported, and were up 2% in constant currency, versus the prior year. Worldwide gross sales were flat as reported, and were up 1% in constant currency. Reported operating income was $317.4 million, and adjusted operating income was $324.1 million. Reported earnings per share were $0.68, and adjusted earnings per share were $0.70.

"In the third quarter, we continued to make solid progress against our strategic priorities, and we are pleased with our momentum as... More