Profit Growth and Margin Expansion
Adjusted gross margin improved 340 basis points, adjusted EBITDA increased $110 million or 12%, adjusted earnings per share increased 32%, and free cash flow was nearly $600 million.
Hot Wheels Success
Hot Wheels achieved its seventh consecutive record year with 17% growth in Q4 and is expected to have another record year in 2025.
UNO and Games Category Growth
Games category saw double-digit growth, with UNO achieving its highest year on record.
Entertainment Strategy Progress
Announced 16 films in development or production with major studio partners, and successful TV shows on platforms like Netflix and Max.
Share Repurchase Program
Repurchased $400 million of shares in 2024 with plans to repurchase an additional $600 million in 2025.