Toy maker Mattel, Inc. (NASDAQ: MAT) has reported positive results for the fourth quarter of 2024, with sales and adjusted profit increasing year-over-year.
Net sales increased 2% from last year to $1.65 billion in the December quarter. North American and International sales rose by 1% and 3% respectively.
Adjusted profit increased 21% year-over-year to $0.35 per share in Q4. Net income was $140.9 million or $0.42 per share in the fourth quarter, compared to $147.3 million or $0.42 per share a year earlier.
“As we progress through 2025, our 80th anniversary year, we look forward to growing both top and bottom line and continuing to successfully execute our multi-year strategy,” Mattel’s CEO Ynon Kreiz said.
Prior Performance
The post Everything you need to know about Mattel’s (MAT) Q4 2024 report first appeared on AlphaStreet.
Toy maker Mattel, Inc. (NASDAQ: MAT) has reported positive results for the fourth quarter of 2024, with sales and adjusted profit increasing year-over-year. Net sales increased 2% from last year
The post Everything you need to know about Mattel’s (MAT) Q4 2024 report first appeared on AlphaStreet.
Categories AlphaGraphs, Earnings, Leisure & Entertainment
Everything you need to know about Mattel’s (MAT) Q4 2024 report
Toy maker Mattel, Inc. (NASDAQ: MAT) has reported positive results for the fourth quarter of 2024, with sales and adjusted profit increasing year-over-year.
Net sales increased 2% from last year to $1.65 billion in the December quarter. North American and International sales rose by 1% and 3% respectively.
Adjusted profit increased 21% year-over-year to $0.35 per share in Q4. Net income was $140.9 million or $0.42 per share in the fourth quarter, compared to $147.3 million or $0.42 per share a year earlier.
“As we progress through 2025, our 80th anniversary year, we look forward to growing both top and bottom line and continuing to successfully execute our multi-year strategy,” Mattel’s CEO Ynon Kreiz said.
Prior Performance
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