Mattel (MAT) Tops Q1 EPS by 49c, Sales Miss

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Go back to Mattel (MAT) Tops Q1 EPS by 49c, Sales Miss

Mattel Reports First Quarter 2017 Financial Results And Declares Quarterly Dividend

April 20, 2017 4:09 PM EDT

EL SEGUNDO, Calif., April 20, 2017 /PRNewswire/ --

First Quarter Highlights1

Worldwide net sales and gross sales down 15% as reported and in constant currency. Lower sales in North America and Europe, partially offset by strong performance in Asia Pacific (net sales and gross sales up 17% as reported), and continued momentum in Latin America (net sales down 1% and gross sales up 4% as reported). POS remains strong across key core brands: Barbie®, Hot Wheels® and Fisher-Price®.2 Board declared a 2017 second quarter cash dividend of $0.38 per share, which is flat... More