secwatch.observer — SEC 8-K summary
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Issuer:     MATTEL INC /DE/ (MAT)
CIK:        0000063276
Form:       8-K
Filed at:   2022-02-09T23:59:59+00:00
Accession:  0001628280-22-002102
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mattel Q4 net sales $1.795B (+10%), adj op income $264M; FY21 adj EPS $1.30; guides FY22 adj EPS $1.42-$1.48
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- Q4 net sales $1,795M (+10% as reported, +11% CC); reported op income $257M (+$69M); adj op income $264M (+$64M).
- Full year net sales $5,458M (+19%); reported EPS $2.53 (incl $1.51 tax benefit); adj EPS $1.30 (+$0.76).
- 2022 guidance: adj EBITDA $1,100-$1,125M; adj EPS $1.42-$1.48; constant currency net sales growth +8%-10%.
- 2023 goals raised: high-single-digit revenue growth CC, adj op margin ~16%-17%, adj EPS >$1.90.
- Free cash flow $334M (+$167M); cash from ops $485M (+$200M); debt reduced; turnaround complete per CEO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/63276/000162828022002102/0001628280-22-002102-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/63276/000162828022002102/mat-20220209.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-002102

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