Mattel (MAT) Tops Q2 EPS by 10c, Revenue Beats
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Mattel Reports Second Quarter 2021 Financial Results
July 27, 2021 4:05 PM EDTNet Sales of $1,026 million, up 40% as reported, and 36% in constant currency, versus prior year Reported Gross Margin of 47.5%, an improvement of 390 basis points; Adjusted Gross Margin of 47.5%, an improvement of 370 basis points Reported Operating Income of $49 million, an improvement of $97 million; Adjusted Operating Income of $67 million, an improvement of $94 million Reported Net Loss of $6 million, an improvement of $106 million Adjusted EBITDA of $131 million, an increase of $102 million Updated 2021 guidance to be provided on the Companys Q2 2021 conference call and live webcast
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