Mattel Inc. recently released the transcript of its Q1 2025 earnings call, held on May 5, 2025. The event was attended by key corporate participants including Ynon Kreiz, Chairman and CEO, Anthony DiSilvestro, CFO, and Jenn Kettnich, Head of Investor Relations. Analysts from leading financial institutions such as UBS, Goldman Sachs, and JPMorgan also participated. During the call, Mattel reported a strong first quarter with top-line growth and gross margin expansion. Net Sales increased by 2% as reported and 4% in constant currency, while Adjusted EBITDA grew by 7% to reach $57 million. Ynon Kreiz highlighted the company's robust financial performance, stating, "We had a strong first quarter, with top-line growth and gross margin expansion, positive performance across most categories and markets, and continued operational excellence." A significant topic discussed was the impact of tariffs and global trade uncertainty on the toy industry. Kreiz emphasized Mattel's strengths, saying, "Our brand portfolio, flexible supply chain, and balance sheet are clear advantages for Mattel." He also reassured stakeholders of the company's commitment to providing quality products at affordable price points, adding, "We remain an important partner for retailers and families." The full transcript can be accessed through the link below.
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