Recap: Mattel Q2 Earnings

Shares of Mattel MAT moved lower by 13.16% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share decreased 4.00% over the past year to ($0.26), which beat the estimate of ($0.33).

Revenue of $732,100,000 decreased by 14.88% year over year, which beat the estimate of $676,130,000.

Outlook

Mattel hasn't issued any earnings guidance for the time being.

Mattel hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Jul 23, 2020

Time: 05:00 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/e6vr43y9

Price Action

Company's 52-week high was at $14.83

Company's 52-week low was at $6.53

Price action over last quarter: Up 41.93%

Company Description

Mattel markets toy products that are sold to its wholesale customers and direct to retail consumers. The company offers products for children and families, including toys for infants and preschoolers, girls and boys, youth electronics, handheld and other games, puzzles, educational toys, media-driven products, plush and fashion-related toys. Mattel's owned portfolio includes Barbie, Hot Wheels, Fisher-Price, Thomas & Friends, and American Girl, among other brands. In addition, it currently manufactures toy products for its segments both internally and through outside manufacturers.