earnings
confidence high
sentiment positive
materiality 0.75
Mattel Q2 net sales up 40% to $1.026B; adjusted EBITDA quadruples to $131M; raises guidance
MATTEL INC /DE/
2021-Q2 EPS reported
-$0.34
revenue$1,900,558,000
- Net sales $1.026B (+40% YoY); reported operating income $49M vs -$48M prior year.
- Adjusted EBITDA $131M, up $102M YoY; gross margin expanded 370bps to 47.5%.
- Segment strength: North America +30%, International +57%, American Girl +44%.
- Company raises full-year 2021 guidance; cites broad-based consumer demand and IP-driven strategy.
- Cash flow improved; operating cash used $241M vs $466M prior year first half.