secwatch.observer — SEC 8-K summary
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Issuer:     MATTEL INC /DE/ (MAT)
CIK:        0000063276
Form:       8-K
Filed at:   2021-10-21T23:59:59+00:00
Accession:  0001628280-21-020329
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mattel Q3 net sales +8% to $1.76B; raises FY guidance, adj EBITDA to $900-925M
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- Reported net income $813M includes $510M non-cash benefit from release of deferred tax valuation allowance.
- Adjusted EPS $0.84 (down $0.10 YoY); reported EPS $2.29 (incl. $1.44 tax benefit).
- Full-year net sales constant currency now seen up ~15% (prior 12-14%); Adj EBITDA raised to $900-925M.
- Gross margin fell 280 bps to 47.8% due to input cost inflation, partially offset by pricing.
- North America segment net sales +12%; International +2%; American Girl +1%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/63276/000162828021020329/0001628280-21-020329-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/63276/000162828021020329/mat-20211021.htm
  HTML page:      https://secwatch.observer/filing/0001628280-21-020329

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer