Mattel Q4 2019 Earnings Report
Key Takeaways
Mattel reported a 3% decrease in net sales for Q4 2019, totaling $1,474 million. Despite the sales decline, the company saw improvements in gross margin, driven by savings from the Structural Simplification program. Reported operating income decreased by $38 million, while adjusted operating income decreased by $2.2 million.
Net sales decreased by 3% as reported, totaling $1,474 million.
Gross sales decreased by 3% as reported.
Reported gross margin increased to 48.4%, an improvement of 180 basis points.
Reported operating income was $68 million, a decline of $38 million.
Mattel
Mattel
Mattel Revenue by Segment
Mattel Revenue by Geographic Location
Forward Guidance
This press release contains a number of forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
Revenue & Expenses
Visualization of income flow from segment revenue to net income