earnings
confidence high
sentiment positive
materiality 0.75
Mattel Q1 net sales up 19% to $1.04B; reported EPS $0.06 vs -$0.32; reiterates FY22 guidance
MATTEL INC /DE/
2022-Q1 EPS reported
$0.06
revenue$1,041,301,000
- Net sales $1,041M (+19% as reported, +22% CC); Dolls $396M (+8% CC), Vehicles $282M (+36% CC), Action Figures $281M (+44% CC).
- Reported operating income $80M (+136%), adjusted operating income $90M (+190%); reported net income $21M vs -$113M Y/Y.
- Adjusted EPS $0.08 vs -$0.10 Y/Y; adjusted EBITDA $152M (+65%).
- North America net sales +26%, International +24% CC; American Girl -22%.
- 2022 guidance reaffirmed: net sales +8-10% CC, adj. EBITDA $1.1-1.125B, adj. EPS $1.42-1.48.