Mattel (MAT) Tops Q4 EPS by 17c
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Mattel Reports Fourth Quarter and Full Year 2020 Financial Results
February 9, 2021 4:05 PM ESTFourth Quarter 2020 Highlights
Net Sales of $1,626 million, up 10% as reported, and in constant currency, versus prior year Reported Gross Margin of 51.4%, an improvement of 300 basis points; Adjusted Gross Margin of 51.4%, an improvement of 250 basis points Reported Operating Income of $192.7 million, an improvement of $125.1 million; Adjusted Operating Income of $205.0 million, an improvement of $95.7 million Reported Net Income of $130.5 million, an improvement of $130.4 million Adjusted EBITDA of $283.8 million, up 53%Full Year 2020 Highlights
Net Sales of $4,584 million, up 2% as reported,... More