Mattel reports qtrly adjusted. loss per share $0.56

Mattel - withdrawing previous 2020 guidance due to uncertainty related to covid-19.q1 earnings per share view $-0.41, revenue view $652.7 million -- refinitiv ibes data.mattel - qtrly gross sales of $670 million, down 14% as reported, and down 12% in constant currency.mattel - cumulative savings from structural simplification, capital light, additional 2020 actions expected to exceed $1 billion exiting 2020.mattel qtrly net sales in the north america segment decreased 16%.mattel qtrly worldwide gross sales for dolls were $225.9 million, down 11% as reported, primarily driven by declines in barbie & american girl.mattel qtrly net sales in international segment decreased 11% as reported & 8% in constant currency.mattel - global manufacturing and distribution capacity largely restored, expect to meet product demand for h2 2020.mattel - liquidity expected to be sufficient to effectively manage through covid-19 disruption.mattel qtrly worldwide gross sales for infant, toddler and preschool were down, primarily also driven by declines in fisher-price and thomas & friends.mattel qtrly worldwide gross sales for infant, toddler and preschool were $140.3 million, down 28%, primarily driven by declines in fisher-price friends.mattel qtrly worldwide gross sales for vehicles were $185.7 million, up 1%, primarily driven by growth in hot wheels.
MAT Ratings Summary
MAT Quant Ranking