- Mattel (NASDAQ:MAT) reports net sales rose 2% in Q3 on a constant currency basis.
- Sales for the Mattel Girls & Boys brands were $1.06B (-4% in constant currency).
- Fisher-Price sales were $662M (+8% in constant currency).
- American Girl sales came in at $126M (+15% in constant currency.)
- Operating income as as percentage of sales improved 90 bps to 17.7% during the quarter.
- "We continued to make solid progress against our strategic priorities, and we are pleased with our momentum as we head into the holiday season," notes CEO Christopher Sinclair.
- Previously: Mattel misses by $0.01, beats on revenue (Oct. 19)
- MAT +5.81% AH to $32.40.