Mattel to Host Conference Call to Address Accounting Questions Related to the Conclusions of Independent Investigation
November 12 2019 - 6:43PM
Business Wire
Mattel, Inc. (NASDAQ: MAT) today announced that, as noted during
the Company’s 2019 third quarter earnings call and in conjunction
with today's filing of Mattel's 2018 Form 10-K/A, it will host a
conference call and webcast to address accounting questions related
to the conclusions of the Audit Committee of the Mattel Board of
Directors’ independent investigation into the allegations contained
in a whistleblower letter referred to in the press release dated
October 29, 2019
(https://news.mattel.com/news/mattel-completes-internal-investigation-of-whistleblower-letter-and-announces-remedial-actions).
As previously announced, the errors identified in the investigation
and corrected in the restated financial statements in the 2018 Form
10-K/A did not affect operating income or EBITDA, and had no impact
on Mattel’s full year financial results for 2017 or subsequent
periods.
The call will take place on Friday, November 15, 2019 at 8:00
a.m. Eastern time. On the call, the company will answer questions
submitted in advance by securities analysts. The conference call
will be webcast on Mattel’s investor relations website,
http://mattel.gcs-web.com/. To listen to the live call, log on to
the website at least 10 minutes early to register, download and
install any necessary audio software. An archive of the webcast
will be available on the Company’s website for 90 days and may be
accessed beginning approximately two hours after the completion of
the call. A telephonic replay of the call will be available
beginning at 11:00 a.m. Eastern time the morning of the call until
Friday, November 22, 2019 and may be accessed by dialing +1
404-537-3406. The passcode is 7697786.
About Mattel
Mattel is a leading global children’s entertainment company that
specializes in design and production of quality toys and consumer
products. We create innovative products and experiences that
inspire, entertain and develop children through play. We engage
consumers through our portfolio of iconic franchises, including
Barbie®, Hot Wheels®, American Girl®, Fisher-Price®, Thomas &
Friends™ and MEGA®, as well as other popular brands that we own or
license in partnership with global entertainment companies. Our
offerings include film and television content, gaming, music and
live events. We operate in 40 locations and sell products in more
than 150 countries in collaboration with the world’s leading retail
and technology companies. Since its founding in 1945, Mattel is
proud to be a trusted partner in exploring the wonder of childhood
and empowering kids to reach their full potential. Visit us online
at www.mattel.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20191112006153/en/
News Media Dena Cook dena.cook@mattel.com 310-252-4247
Securities Analysts David Zbojniewicz
david.zbojniewicz@mattel.com 310-252-2703 Media Contact
Mattel Newsroom Email: press@mattel.com
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