Mattel Tells a Good Story: Fool by Numbers (MAT)

Mattel Tells a Good Story: Fool by Numbers

By Motley Fool Contributors | More Articles
April 17, 2007 | Comments (0)

On April 16, Mattel (NYSE: MAT ) released first-quarter earnings for the period ended March 31.

•  See the full fun-filled analysis of Mattel's earnings in this take-in-a-box.

•  Revenues increased by 18.5%, as a result of a 10% and 29% rise in U.S. and international gross sales, respectively.

•  Net profit declined 60.3% -- last year's quarterly net income was positively affected by tax benefits of approximately $57 million.

•  Mattel is currently rated a two-star stock by the Motley Fool CAPS community, better than competitor LeapFrog (NYSE: LF  ) but lagging rival and Motley Fool Stock Advisor pick Hasbro (NYSE: HAS  ) . To see what everyone is saying about these companies, join the CAPS stock-rating database for free today.

(Figures in millions, except per-share data)

Income Statement Highlights

	Q1 2007	Q1 2006	Change
Sales	$940.3	$793.3	18.5%
Net Profit	$12.0	$30.2	(60.3%)
EPS	$0.03	$0.08	(62.5%)
Diluted Shares	396.8	391.3	1.4%

Get back to basics with a look at the income statement.

Margin Checkup

Q1 2007	Q1 2006	Change*
44.5%	41.9%	2.7
2.2%	(4.0%)	6.2
1.3%	3.8%	(2.5)

*Expressed in percentage points.

Margins are the earnings engine. See how they work.

Balance Sheet Highlights

Assets	Q1 2007	Q1 2006	Change
Cash + ST Invest.	$984.2	$603.3	63.1%
Accounts Rec.	$730.6	$585.0	24.9%
Inventory	$448.6	$410.8	9.2%

Liabilities	Q1 2007	Q1 2006	Change
Accounts Payable*	$733.0	$648.1	13.1%
Long-Term	$560.0	$525.0	6.7%

*Accounts payable includes accrued .

Learn the ways of the balance sheet.

Cash Flow Highlights

	2007	2006	Change
Cash From Ops.	($327.0)	($290.0)	N/A

No other cash flow data provided.

Related Foolishness:

Hasbro is a Stock Advisor pick.

Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.

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