Relevant data shows that in the first quarter of 2021, Mattel's net sales were $874 million, up 47% from the same period last year. Reported operating income was $31 million, an increase of $181 million, and adjusted operating income was $28 million, an increase of $161 million. The reported loss per share was $0.33, and earnings per share increased by $0.28, and the adjusted loss per share was $0.10, and earnings per share increased by $0.46.
Gross Billings saw a 67% increase in net sales in North America compared to the first quarter of last year, driven by the continued growth of dolls, including Barbie, Fisher-Price, Thomas & Friends, Hot Wheels, animated figures, Mansion Sets, Universe, Jurassic World and plush toys.
International net sales increased 30% . Looking at specific segments, total billings in the U.S. Girl segment increased 22%, primarily driven by growth in direct-to-consumer billings, partially offset by declines in proprietary retail channels and the impact of permanent store closures.
Reported gross margin increased to 46.8% from 43.0% in the prior year’s first quarter , while adjusted gross margin increased to 47.0% from 43.5%. The increase in reported and adjusted gross margin was primarily due to fixed cost absorption gains associated with the high sales growth in the quarter and savings from the Optimize for Growth initiative, partially offset by higher input costs in cost of goods sold.
Mattel is a leading global toy company founded in 1945 and headquartered in El Segundo, California, USA, with one of the strongest catalogs of children's and family entertainment products in the world.
Survey data shows that Mattel inspires , entertains and develops children through games to create innovative products and experiences. It attracts consumers through its iconic brand portfolio including Barbie , Hot Wheels , Fisher-Price , American Girl , Thomas & Friends , UNO and MEGA, as well as other popular intellectual property rights owned or licensed in partnership with global entertainment companies . USA Mattel Record sales |
<<: Deadline: May 2! eBay Korea is now open to recruit Big Smile Day sellers
>>: Accelerating the electronicization, Japanese game store Super Potato is listed on eBay
<span data-docs-delta="[[20,{"gallery"...
<span data-docs-delta="[[20,{"gallery"...
In today's rapidly changing market, even once...
The global footwear market will have relatively s...
Shixin Huida Freight provides one-stop logistics ...
According to foreign media reports, the online se...
In the first month of 2024, the freight forwardin...
Esselunga OnLine is an online shopping software u...
<span data-docs-delta="[[20,{"gallery"...
At the conference, Shopee’s brand investment team...
ebizship is a website that provides LTL trucking ...
On Amazon, " which categories sell best and ...
Recently, The Influencer Marketing Factory conduc...
Shopmatic is an e-commerce platform that provides ...
Tanga is a well-known e-commerce platform in the ...