Toy maker Mattel, Inc. (NASDAQ: MAT) has reported constructive outcomes for the fourth quarter of 2024, with gross sales and adjusted revenue growing year-over-year.
Internet gross sales elevated 2% from final yr to $1.65 billion within the December quarter. North American and Worldwide gross sales rose by 1% and three% respectively.
Adjusted revenue elevated 21% year-over-year to $0.35 per share in This autumn. Internet revenue was $140.9 million or $0.42 per share within the fourth quarter, in comparison with $147.3 million or $0.42 per share a yr earlier.
“As we progress through 2025, our 80th anniversary year, we look forward to growing both top and bottom line and continuing to successfully execute our multi-year strategy,” Mattel’s CEO Ynon Kreiz mentioned.