Mattel reports Q4 adjusted EPS 35c, consensus 20c

Reports Q4 revenue $1.65B, consensus $1.63B. Ynon Kreiz, Chairman and CEO of Mattel (MAT), said: “2024 was a year of strong operational excellence for Mattel with topline growth in the fourth quarter. Our priorities for the year were to grow profitability, expand gross margin, and generate strong free cash flow and we achieved all three objectives, well ahead of expectations. 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.”