secwatch.observer — SEC 8-K summary
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Issuer:     MATTEL INC /DE/ (MAT)
CIK:        0000063276
Form:       8-K
Filed at:   2026-04-29T23:59:59+00:00
Accession:  0001628280-26-028370
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mattel Q1 net income $61M vs prior-year loss; net sales up 4% to $862M
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- Net sales $862M, +4% as reported (+1% constant currency); gross margin 44.9%, down 450bps.
- Operating loss $103M vs $53M loss; adjusted operating loss $70M vs $8M loss.
- EPS $0.20 vs ($0.12) loss; adjusted loss per share ($0.20) vs ($0.02) loss.
- Acquired full ownership of Mattel163 mobile games studio in early March.
- Repurchased $200M of shares; maintaining $400M buyback target for 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/63276/000162828026028370/0001628280-26-028370-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/63276/000162828026028370/mat-20260429.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-028370

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