Key insights
6 takeaways · ~2 min read- 01Mattel's net sales for the North America segment decreased by 3% to $1,002.1 million in Q3 2022 compared to $1,037.0 million in Q3 2021.
- 02Gross billings for the North America segment declined by 4% to $1.07 billion in Q3 2022.
- 03Barbie gross billings in North America decreased by 10% to $278.5 million in Q3 2022, while Hot Wheels gross billings increased by 2% to $184.1 million.
- 04Fisher-Price and Thomas & Friends gross billings in North America saw an 11% decrease to $223.5 million in Q3 2022.
- 05Mattel recorded $5.807 million in restructuring charges in Q3 2022, down from $9.406 million in Q3 2021, as part of its 'Optimizing for Growth' program.
- 06Mattel will receive a $7 million settlement payment from its insurers and PwC, less attorneys' fees, as part of a settlement for derivative actions, subject to court approval.
Summary
SEC 10-Q filing for Mattel, filed 2022-11-01.
Cite this report
Citation
Generating citation...
