With SpielwareNmesse on the horizon of rearview mirrors and Toy Fair New York, the income season of the toy industry has begun again.
In the fourth quarter of today and 2024 revenue, Mattel started the season after the bell.
In the fourth quarter, sales increased by 2 %, reaching 1.6 billion US dollars, and a gross profit margin to 50.7 %. In 2024, net sales fell 1 % to US $ 5.3 billion, because gross profit reached 50.8 %. This year’s operating income increased by $ 133 million to $ 694 million.
2024 is the year of Mattel, the highest year in the fourth quarter. Our priority this year is to improve profitability, expand gross profit margin, and generate strong free cash flow. We have achieved all three goals, far exceeding expectations. With the development of our 80th anniversary in 2025, we look forward to launch and bottom line and continue to successfully implement our many years of strategy. ”
-YNON CRUSH, Chirmanman & CEO, Matter
In the year, due to the dolls (mainly Barbie dolls) and babies, children and pre -school (mainly baby equipment and power wheels) dolls (mainly Barbie) declined, the general bills in North America and international fields fell by 1 % Essence The growth of 9 % of global vehicles (mainly hot wheels) has been reduced, and the growth of action numbers, architecture, games and other (mainly action characters and games) help North America.
Meitai also revealed its guidance in 2025, and its net sales this year is expected to increase by 2-3 %.
The company will hold a revenue call at 5 pm in the United States today. This story will be updated through other information …
Mattel Post reported in the fourth quarter, and the revenue of 2024 first appeared on toy books.
