{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-017375","form_type":"8-K","ticker":"MAT","cik":"0000063276","company_name":"MATTEL INC /DE/","filed_at":"2024-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.679908+00:00","generated_at":"2026-06-03T12:45:48.969027+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Mattel Q1 net loss narrows to $28M; gross margin up 800 bps; reiterates 2024 guidance","bullets":["Net sales $810M, down 1% YoY; gross margin 48.0% vs 40.0% YoY (up 800 bps).","Operating loss $36M vs $116M loss a year ago; adjusted operating loss $23M.","Adjusted EPS loss $0.05 vs loss $0.24; repurchased $100M of shares in quarter.","Reiterates FY2024 guidance: adjusted EPS $1.35-$1.45, adjusted EBITDA $975M-$1,025M.","Vehicles (Hot Wheels) gross billings up 5% YoY; Dolls down 4% on Disney Princess weakness."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-017375","json":"https://secwatch.observer/filing/0001628280-24-017375.json","markdown":"https://secwatch.observer/filing/0001628280-24-017375.md","text":"https://secwatch.observer/filing/0001628280-24-017375.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/63276/000162828024017375/0001628280-24-017375-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/63276/000162828024017375/mat-20240423.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T12:45:48.969027+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":"9698b3f76f42b8d72207822d5462b142cc2803ec","claim":"MATTEL INC /DE/ reported first quarter 2024 results: revenue $810 million, net income Net Loss of $28 million, EPS Loss per Share of $0.08. Guidance reaffirmed.","evidence_excerpt":"--- EX-99.1 (EX-99.1) --- NEWS RELEASE Exhibit 99.1 MATTEL REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS First Quarter 2024 Highlights Versus Prior Year • Net Sales of $810 million, down 1% as reported and in constant currency • Gross Margin of 48.0%, an increase of 800 basis points; Adjusted Gross Margin of 48.3%, an increase of 830 basis points •","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/63276/000162828024017375/0001628280-24-017375-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2024"},{"label":"Revenue","value":"$810 million"},{"label":"Net income","value":"Net Loss of $28 million"},{"label":"EPS","value":"Loss per Share of $0.08"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}