Financial Data and Key Metrics Changes - Net sales grew 2% as reported and 4% in constant currency to $827 million [6][25] - Adjusted gross margin increased by 130 basis points to 49.6% [6][25] - Adjusted EBITDA grew 7% to $57 million [6][25] - Cash balance at quarter end was $1.24 billion, an increase of $113 million year-over-year [32] - Total debt remained approximately $2.34 billion [33] Business Line Data and Key Metrics Changes - Dolls gross billings increased 2%, driven by Disney Princess and Wicked, while Barbie and American Girl were comparable to the prior year [26][15] - Vehicles increased 6%, with Hot Wheels growing 7% [26][15] - Infant toddler and preschool overall declined 5%, primarily due to declines in baby gear and Power Wheels [26] - Challenger categories overall increased 14%, driven by growth in Action Figures and Games [28] Market Data and Key Metrics Changes - Gross billings increased 4% in North America, including double-digit growth in Canada [29] - EMEA increased 8% with growth across almost every market [29] - Asia Pacific increased 12%, driven by growth in Australia, India, and China [29] - Latin America declined 7%, reflecting the impact of retailers reducing inventory levels [29] Company Strategy and Development Direction - The company is diversifying its supply chain to reduce reliance on China, with plans to relocate production of 500 toy SKUs from China to other locations in 2025 [9][10] - Aiming to reduce U.S. imports from China to less than 15% of global production by 2026 and less than 10% by 2027 [13][12] - The company is committed to maintaining a strong balance sheet and executing a $600 million share repurchase program for 2025 [23] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in mitigating actions to offset potential tariff impacts, emphasizing a strong balance sheet and operational excellence [22][23] - The company is pausing full-year 2025 guidance due to uncertainty in consumer spending and the evolving tariff situation [21][22] - Management noted that the toy industry has historically proven resilient during uncertain times [22] Other Important Information - The company reported a strong first quarter with top-line growth and gross margin expansion [6][23] - The entertainment strategy is progressing, with several movies in production and partnerships with major entertainment companies [18][19] Q&A Session Summary Question: Can you outline the roadmap to offset the impact of incremental tariffs? - Management indicated that Q1 was not impacted by tariffs and expects Q2 to be unaffected as well, with potential impacts starting in Q3 [42] - Current exposure to tariffs is estimated at $270 million, before considering mitigating actions [43][44] Question: What flexibility exists in the supply chain to transition out of China? - The company has established a flexible, modular supply chain over seven years, sourcing from multiple countries [50][52] Question: How confident is the company in passing along pricing to retailers? - Management emphasized long-standing relationships with retailers and a strategic approach to pricing, ensuring affordability [55][59] Question: What is the current state of inventory levels post-Easter? - The company reported that both owned and retail inventories are at appropriate levels, with some increases due to the later Easter holiday [78] Question: Have there been changes in retailer buying behavior? - No significant changes in buying behavior were noted, but some volatility is expected in gross billings due to direct import assessments [82][84]

MAT一季度调整后每股亏损0.03美元 维持2025年回购6亿美元股票的目标不变 智通财经5月6日电，美泰（MAT）一季度调整后每股亏损0.03美元，分析师预期亏损0.10美元；一季度 净销售8.266亿美元，分析师预期7.886亿美元。维持2025年回购6亿美元股票的目标不变。 ...

NEWS RELEASE Exhibit 99.1 MATTEL REPORTS FIRST QUARTER 2025 FINANCIAL RESULTS First Quarter 2025 Highlights Versus Prior Year EL SEGUNDO, Calif., May 5, 2025 – Mattel, Inc. (NASDAQ: MAT) today reported first quarter 2025 financial results. Ynon Kreiz, Chairman and CEO of Mattel, said: "This was a strong quarter for Mattel, with positive performance and continued operational excellence. Our brands are thriving, our products and experiences stand out in the marketplace, and our balance sheet gives us resilien ...

Core Viewpoint - Mattel, Inc. is expected to report a decline in revenues and earnings for the first quarter of 2025, primarily due to underperformance in the Barbie brand and adverse macroeconomic conditions [1][3][5]. Financial Performance - In the last quarter, Mattel's earnings exceeded the Zacks Consensus Estimate by 52.2%, while revenues fell short by 0.5%. Year-over-year, earnings and revenues increased by 20.7% and 2%, respectively [1]. - For the upcoming quarter, the Zacks Consensus Estimate indicates a loss of 11 cents per share, representing a 120% decline year-over-year. Revenue is projected at $799.7 million, down 1.2% from $809.5 million a year ago [2]. Brand Performance - The decline in revenues is attributed to weak performance from the Barbie brand in both North America and international markets, despite improvements in the Hot Wheels and Fisher-Price brands [3]. - Worldwide gross billings for the top three Power Brands are estimated at $165 million for Barbie (down 7.3%), $95 million for Fisher-Price (up 2.2%), and $263 million for Hot Wheels (up 1.9%) [4]. Cost and Expenses - The company's bottom line is expected to be negatively impacted by increased selling and administrative expenses, particularly due to higher employee compensation and elevated advertising costs [4]. Market Conditions - Ongoing macroeconomic challenges, including suppressed discretionary spending and inflationary pressures, are likely to hinder the company's performance despite its focus on cost control and diversified entertainment offerings [5]. Earnings Prediction Model - The Zacks model suggests that Mattel is unlikely to achieve an earnings beat this quarter, with an Earnings ESP of -4.76% and a Zacks Rank of 4 (Sell) [6].

Group 1 - The U.S. stock market experienced a significant rebound after a period of decline, with the Dow Jones Industrial Average gaining 2.6%, S&P 500 up 3%, and Nasdaq increasing by 4% [2] - Consumer goods companies such as Hasbro and Mattel saw notable stock price increases, with Hasbro up 5.1% and Mattel up 6.6% [2] - The optimism in the market is attributed to President Trump's announcement of a potential substantial reduction in tariffs on Chinese imports, which previously stood at 145% [5][6] Group 2 - Hasbro and Mattel rely heavily on imports from China, with estimates suggesting that up to 70% of their toys are sourced from there, making them vulnerable to high tariffs [5][6] - Walmart, as a major retailer, also sources a significant portion of its consumer goods from China, thus benefiting from the reduced tariff threat [6] - Valuation remains a critical factor for investors, with Hasbro trading at a price-to-earnings (P/E) ratio of 19 and Mattel at 9, compared to Walmart's higher P/E ratio of nearly 40 [7]

Group 1 - Toy giants Mattel and Hasbro have experienced significant stock declines due to President Trump's intensified trade war with China, with Mattel shares hitting a 52-week intraday low of $13.95, down 27% since the announcement of the "reciprocal tariff" policy [1] - Hasbro's shares also fell to a 52-week low of $49, representing a decline of more than 20% in the same timeframe [1] - The toy industry is heavily dependent on supply chains in China, making companies vulnerable to changes in trade policy [2] Group 2 - Bank of America estimates that both Mattel and Hasbro source approximately 40% of their U.S. products from China [2]

Mattel (MAT) shares soared 8% in the last trading session to close at $15.86. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 28.9% loss over the past four weeks.Following President Trump's announcement to suspend U.S. tariffs on most countries for 90 days, Mattel shares soared, reflecting renewed investor optimism.This toy maker is expected to post quarterly loss of $0.09 per share in its upcoming report, which represents a year ...

Core Insights - Zacks Premium provides various tools for investors to enhance their stock market engagement and confidence [1] - The Zacks Style Scores offer a unique rating system for stocks based on value, growth, and momentum characteristics [3][4][5][6][7] - The Zacks Rank model, which focuses on earnings estimate revisions, has shown significant success, with 1 (Strong Buy) stocks yielding an average annual return of +25.41% since 1988 [9] Group 1: Zacks Premium Features - Zacks Premium includes daily updates on Zacks Rank and Industry Rank, access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens [1] - The service aims to help investors become more informed and confident in their investment decisions [1] Group 2: Zacks Style Scores - The Style Scores categorize stocks into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [4][5][6][7] - Value Score emphasizes finding undervalued stocks using financial ratios [4] - Growth Score focuses on a company's financial health and future growth potential [5] - Momentum Score identifies stocks with favorable price trends and earnings outlooks [6] - VGM Score combines all three styles to highlight stocks with the best overall characteristics [7] Group 3: Zacks Rank and Performance - The Zacks Rank utilizes earnings estimate revisions to guide investors in stock selection [8] - Stocks rated 1 (Strong Buy) have significantly outperformed the S&P 500, with over 800 top-rated stocks available for selection [9][10] - For optimal returns, investors should prioritize stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [11] Group 4: Company Spotlight - Mattel Inc. - Mattel Inc. is the world's largest toy manufacturer, with a diverse range of brands sold globally [13] - The company holds a 1 (Strong Buy) rating on the Zacks Rank and has a VGM Score of A, indicating strong growth potential [14] - Mattel is projected to achieve year-over-year earnings growth of 4.9% for the current fiscal year, with upward revisions in earnings estimates from analysts [14][15]

Core Insights - The U.S. toy industry is facing significant challenges due to increased tariffs imposed by President Trump, with a 10% baseline tariff affecting nearly all countries and much higher tariffs on China (54%) and Vietnam (46%) [3][5][6] - The tariffs are expected to lead to substantial price increases for consumers, with estimates suggesting potential hikes of 35% to 50% on toys [8][9] - Major toy companies like Hasbro and Mattel are already experiencing stock declines, with Mattel shares dropping over 16.5% and Hasbro losing more than 12% following the tariff announcements [7] Industry Impact - Approximately 77% of toys imported into the U.S. come from China, with Vietnam being a significant secondary source [4] - The tariffs are causing toy companies to scramble for solutions, including potential production shifts to other countries, but these alternatives are also facing tariffs [5][6] - Analysts predict that companies will attempt to renegotiate contracts and alter packaging to mitigate costs, but ultimately, consumers will bear the burden of the increased tariffs [7][8] Consumer Effects - The Toy Association anticipates that price hikes will align with the back-to-school season, disproportionately affecting lower-income consumers [9] - The industry's profit margins are already thin, making it difficult for companies to absorb the tariff costs without passing them on to consumers [8]

Core Insights - Mattel, Inc. has renewed a multi-year global licensing agreement with Disney to launch new products in celebration of Toy Story's 30th anniversary and the upcoming release of Toy Story 5 on June 19, 2026 [1][3] Product Offerings - The renewed agreement extends Mattel's global licensing rights to develop various toy lines for Toy Story, including action figures, vehicles, radio control, games, and plush toys [3] - In 2026, Mattel plans to increase its Action Figures offerings, introduce a new Toy Story Plush range, and launch Radio Control products, along with a Toy Story 5-themed edition of its UNO card game [4] - The Little People line will feature classic Toy Story characters and scenes, along with a new Imaginext lineup [5] Business Strategy - Mattel focuses on licensing partnerships, increasing e-commerce penetration, and an IP-driven strategy to deliver diversified offerings in toys and entertainment [6] - The company plans to release additional Netflix shows in 2025, including new seasons of popular franchises and products tied to major theatrical releases [7] Market Performance - Mattel's shares have gained 14.8% year-to-date, outperforming the Zacks Toys - Games - Hobbies industry's growth of 11.3% [9] - The company anticipates market share gains due to a robust pipeline of new launches, increased demand for notable brands, and an effective cost-saving program [9]