Mattel (MAT) Tops Q4 EPS by 10c, Sales Miss

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/10/2026

1. HUM
2. SPCX
3. ALHC
4. T
5. PEP
6. SPY
7. CVS
8. UNH
9. DAL
10. TMUS

Go back to Mattel (MAT) Tops Q4 EPS by 10c, Sales Miss

Mattel Reports Full Year and Fourth Quarter 2019 Financial Results

February 13, 2020 4:05 PM EST

Full Year 2019 Highlights

Company exceeded its full year 2019 guidance, making consistent progress in its transformation into an IP-driven, high-performing toy company. Net Sales of $4,505 million, flat as reported, including the negative foreign exchange impact of $75 million, and up 1% in constant currency, versus prior year.  Gross Sales of $5,065 million, flat as reported, including the negative foreign exchange impact of $92 million, and up 2% in constant currency.  Structural Simplification run-rate savings of $875 million exiting 2019, exceeding target of $650 million by $225 million, or 35%. Reported Gross Margin of 44.0%, an improvement of... More