Mattel(MAT) - 2025 Q4 - Annual Results

NEWS RELEASE • Net Sales of $1,766 million, up 7% as reported, and 5% in constant currency • Gross Margin of 45.9%, a decrease of 480 basis points; Adjusted Gross Margin of 46.0%, a decrease of 480 basis points • Operating Income of $141 million, a decrease of $17 million; Adjusted Operating Income of $160 million, a decrease of $1 million • Net Income of $106 million, a decrease of $35 million • Earnings per Share of $0.34 compared to $0.42 per share; Adjusted Earnings per Share of $0.39 compared to $0.35 ...