Short answer
Mattel Inc (MAT) filed its Q3 2018 10-Q quarterly report on Oct 25, 2018 for the quarter ended Sep 30, 2018.
Mattel Inc Q3 2018 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Q3 revenue $1.44B vs $1.56B, down 8% YoY, pressured by Toys “R” Us liquidation
- Gross margin 42.6% vs 41.5%; operating margin 8.5% vs 5.5%
- Best line Barbie gross sales $374.7M, worst American Girl $63.9M, down 32% YoY
- Cash $209.2M at quarter-end; nine-month operating cash use $731.5M; debt $3.12B
- Headwinds: raw-material and plant-labor inflation, foreign-exchange volatility, weaker international demand; $650M savings target by 2020
Risk Factors
- Customer concentration: Toys “R” Us liquidation triggered approximately $30 million in reversed first-quarter net sales and $37 million bad-debt expense
- Financing liquidity: $275.0 million revolving borrowings outstanding, with covenant default potentially impairing seasonal financing
- Debt refinancing: $500.0 million 2018 Senior Notes issued to retire 2014 Senior Notes due May 2019
- Foreign-exchange exposure: currency translation reduced comprehensive income by $80.870 million through September 30, 2018
- Competitive demand: retailer inventory reductions and concentrated second-half revenue increased underproduction and excess-inventory risk
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other Mattel Inc quarterly reports
- Q3 2019 10-QFiled Nov 12, 2019
- Q2 2019 10-QFiled Jul 26, 2019
- Q1 2019 10-QFiled Apr 26, 2019
- Q2 2018 10-QFiled Jul 25, 2018
- Q1 2018 10-QFiled Apr 26, 2018
- Q3 2017 10-QFiled Oct 26, 2017
- Q2 2017 10-QFiled Aug 2, 2017
- Q1 2017 10-QFiled Apr 27, 2017
- Q3 2016 10-QFiled Oct 27, 2016
- Q2 2016 10-QFiled Jul 28, 2016
- Q1 2016 10-QFiled Apr 28, 2016
- Q3 2015 10-QFiled Oct 27, 2015
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