Mattel Reports First Quarter 2021 Financial Results

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Mattel (MAT) Tops Q1 EPS by 25c, Sales Beat

April 22, 2021 4:06 PM EDT

Mattel (NASDAQ: MAT) reported Q1 EPS of ($0.10), $0.25 better than the analyst estimate of ($0.35). Revenue for the quarter came in at $874 million versus the consensus estimate of $684.19 million.

Ynon Kreiz, Chairman and CEO of Mattel said: This was another record quarter for the company, with truly exceptional results reflecting the success of the turnaround, as we continue to drive transformational improvements and acceleration in our business. Following the third consecutive quarter... More