Mattel (MAT) Tops Q3 EPS by 7c; Lowers FY EPS Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- US futures fall on tech selloff as concerns about hawkish Fed, AI spending mount
- Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides
- Oil steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Spain's ex-transport minister sentenced to 24 years for corruption
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Mattel Reports Third Quarter 2022 Financial Results
October 25, 2022 4:05 PM EDTThird Quarter 2022 Highlights Versus Prior Year
Net Sales of $1,756 million, flat as reported, and up 3% in constant currency Gross Margin of 48.2%, an increase of 40 basis points; Adjusted Gross Margin of 48.3%, an increase of 50 basis points Operating Income of $391 million, up 1%, an increase of $2 million; Adjusted Operating Income of $398 million, down 1%, a decrease of $3 million Net Income of $290 million compared to $795 million; prior year included a non-cash benefit of $492 million resulting from the release of valuation allowances on deferred tax assets EPS of $0.80 compared to $2.24 per share; Adjusted EPS of $0.82... More