earnings
confidence high
sentiment neutral
materiality 0.70
Mattel reports Q1 net loss $40M, sales up 2%; pauses FY2025 guidance due to tariff uncertainty
MATTEL INC /DE/
2025-Q1 EPS reported
-$0.12
revenue$826,629,000
- Net sales $827M (+2% reported, +4% constant currency); gross margin 49.4% (+140bps).
- Net loss $40M ($0.12 loss per share) vs prior year loss $28M; adjusted loss $0.03 vs $0.05.
- Operating loss $53M (adjusted loss $16M, improvement $7M); adjusted EBITDA $57M.
- Repurchased $160M of shares; maintains $600M share repurchase target for 2025.
- Pauses full-year 2025 guidance due to volatile macro and evolving tariffs; cost savings target raised to $80M.