{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-003691","form_type":"8-K","ticker":"MAT","cik":"0000063276","company_name":"MATTEL INC /DE/","filed_at":"2024-02-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.667524+00:00","generated_at":"2026-06-06T07:26:58.566836+00:00","sec_items":["2.02","2.05","5.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Mattel reports Q4 net sales up 16%, EPS $0.42; launches $200M cost-savings program; authorizes $1B buyback","bullets":["Q4 net sales $1.621B (+16% as reported); reported EPS $0.42 vs $0.04 prior year; adjusted EPS $0.29 vs $0.18.","Full year net sales flat at $5.441B; adjusted EPS $1.23 vs $1.25; guides 2024 adjusted EPS $1.35-$1.45.","Launches Optimizing for Profitable Growth program targeting $200M annual cost savings by 2026, with $130-$170M total costs.","Board elects Julius Genachowski (ex-FCC chair) and Dawn Ostroff (ex-Spotify content chief); two directors resigned.","Board authorizes $1B share repurchase program; $203M repurchased in 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-003691","json":"https://secwatch.observer/filing/0001628280-24-003691.json","markdown":"https://secwatch.observer/filing/0001628280-24-003691.md","text":"https://secwatch.observer/filing/0001628280-24-003691.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/63276/000162828024003691/0001628280-24-003691-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/63276/000162828024003691/mat-20240201.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T07:26:58.566836+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7cb95d03e007b0f4d84bb7f4134f2d274374eb64","claim":"MATTEL INC /DE/ updated its fourth quarter and full year 2023 guidance (initiated).","evidence_excerpt":"On February 7, 2024, Mattel, Inc. (\"Mattel\" or the \"Company\") issued a press release regarding its fourth quarter and full year 2023 financial results, a copy of which is furnished as Exhibit 99.1 hereto.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/63276/000162828024003691/0001628280-24-003691-index.htm","confidence":0.92,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and full year 2023"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"3ea0f1dadf","claim":"Julius Genachowski was elected as Director at MATTEL INC /DE/.","evidence_excerpt":"the Board of Directors (the “Board”) of the Company elected Julius Genachowski and Dawn Ostroff as new directors of Mattel","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/63276/000162828024003691/0001628280-24-003691-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"45afec2259","claim":"R. Todd Bradley resigned as Director at MATTEL INC /DE/.","evidence_excerpt":"R. Todd Bradley and Ann Lewnes resigned from the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/63276/000162828024003691/0001628280-24-003691-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"4c6fddcba1","claim":"Ann Lewnes resigned as Director at MATTEL INC /DE/.","evidence_excerpt":"R. Todd Bradley and Ann Lewnes resigned from the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/63276/000162828024003691/0001628280-24-003691-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"9998f11ac9","claim":"Dawn Ostroff was elected as Director at MATTEL INC /DE/.","evidence_excerpt":"the Board of Directors (the “Board”) of the Company elected Julius Genachowski and Dawn Ostroff as new directors of Mattel","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/63276/000162828024003691/0001628280-24-003691-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"84f332537246f86a0cd66f312ea62f0563d55fc3","claim":"MATTEL INC /DE/ announced a restructuring with charges of between $130 and $170 million affecting global supply chain, including its manufacturing footprint ($90 to $105 million).","evidence_excerpt":"with the Program, which are expected to be completed beginning 2024 through 2026, are $200 million. Mattel estimates the total cost associated with the Program will be between $130 and $170 million. Total expected cash expenditures under the program are expected to be between $130 and $165 million. The costs associated with the Program are expected to","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/63276/000162828024003691/0001628280-24-003691-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"between $130 and $170 million"},{"label":"Affected area","value":"global supply chain, including its manufacturing footprint"},{"label":"Headcount","value":"$90 to $105 million"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}