secwatch.observer — SEC 8-K summary
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Issuer:     MATTEL INC /DE/ (MAT)
CIK:        0000063276
Form:       8-K
Filed at:   2025-02-04T23:59:59+00:00
Accession:  0001628280-25-003671
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mattel Q4 net sales up 2% to $1,646M, full year net income $542M; guides 2025 revenue growth 2-3%
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- Q4 net sales $1,646M, +2% as reported; gross margin 50.7% vs 48.8% prior year.
- Q4 adjusted EPS $0.35 vs $0.29; full year adjusted EPS $1.62 vs $1.23.
- Full year operating income $694M (+$133M); adjusted EBITDA $1,058M (+$110M).
- 2025 guidance: net sales +2-3% constant currency, adjusted EPS $1.66-$1.72, $600M share repurchases.
- Hot Wheels drove growth: Q4 vehicles gross billings +14%; Barbie dolls declined 4%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/63276/000162828025003671/0001628280-25-003671-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/63276/000162828025003671/mat-20250204.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-003671

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer