2023 Guidance
Mattel’s full year 2023 guidance is:
| (in millions, | FY2023 Guidance |
FY2022 |
||
|
except EPS and percentages) |
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| Net Sales | Comparable
(Constant Currency) |
$5,435 |
||
| Adjusted Gross Margin |
~ 47% |
45.9% |
||
| Adjusted EPS |
$1.10 – $1.20 |
$1.25 |
||
| Adjusted EBITDA |
$900 – $950 |
$968 |
||
| Adjusted Tax Rate |
25 – 26% |
24% |
||
| Capital Expenditures |
$175 – $200 |
$187 |
||
| Free Cash Flow |
> $400 |
$256 |