secwatch.observer — SEC 8-K summary
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Issuer:     MATTEL INC /DE/ (MAT)
CIK:        0000063276
Form:       8-K
Filed at:   2022-10-25T23:59:59+00:00
Accession:  0001628280-22-026983
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mattel Q3 adjusted EPS $0.82, net sales flat; cuts FY2022 guidance
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- Q3 net sales $1.756B flat as reported, +3% constant currency; GAAP EPS $0.80 (prior $2.24 inc. $492M tax benefit)
- Adjusted EPS $0.82 vs $0.84; adjusted gross margin 48.3% (+50 bps); adjusted EBITDA $473M (+2%)
- North America net sales -3%; International +13% constant currency; Dolls gross billings -3%; Vehicles +12%
- FY2022 adjusted EPS guidance cut to $1.32-$1.42 from $1.42-$1.48; adjusted EBITDA cut to $1.05-$1.10B from $1.10-$1.125B

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/63276/000162828022026983/0001628280-22-026983-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/63276/000162828022026983/mat-20221025.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-026983

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