Mattel Q2 Revenue Rises 10.5% to $1.13 Billion but EPS Miss Sinks Stock

Earnings

โดย Yahoo Finance·

Summary · why it matters

Mattel reported second-quarter revenues of $1.13 billion, up 10.5% year on year and 2.4% above analysts' expectations, yet the toy maker missed analysts' EPS and EBITDA estimates and its stock has fallen 7.1% since reporting to trade at $13.81. The results came as the four consumer discretionary toys and electronics stocks tracked in the roundup collectively beat consensus revenue estimates by 3.8%, with next quarter's revenue guidance 5% above expectations and share prices up 2.4% on average since the latest earnings results. Bark posted the group's best quarter, with revenues of $78.82 million, down 23.4% year on year but 2.4% ahead of expectations, alongside beats on EPS and EBITDA, sending its stock up 4.7% to $9.59. Hasbro reported revenues of $1.14 billion, up 16.2% year on year and 6.6% above estimates, with EPS and EBITDA also beating, and its stock is up 10.3% at $89.99. Funko logged revenues of $207.7 million, up 7.4% year on year and 3.7% above expectations, with EPS and EBITDA beats, and its stock is up 1.8% at $5.38.