Mattel, Inc. (NASDAQ:MAT) Q2 2022 Earnings Conference Call July 21, 2022 5:00 PM ET
Company Participants
David Zbojniewicz - Vice President, Investor Relations
Ynon Kreiz - Chairman and Chief Executive Officer
Richard Dickson - President and Chief Operating Officer
Anthony DiSilvestro - Chief Financial Officer
Conference Call Participants
Mike Ng - Goldman Sachs
Fred Wightman - Wolfe Research
Arpine Kocharian - UBS Investment Bank
Eric Handler - MKM Partners
Gerrick Johnson - BMO
Drew Crum - Stifel
Jim Chartier - Monness Crespi and Hardt
Operator
Thank you for standing by and welcome to Mattel’s Second Quarter Fiscal Year 2022 Conference Call. [Operator Instructions] I would now like to hand the call over to David Zbojniewicz, Vice President, Investor Relations. Please go ahead.
David Zbojniewicz
Thank you, operator and good afternoon everyone. Joining me today are Ynon Kreiz, Mattel’s Chairman and Chief Executive Officer; Richard Dickson, Mattel’s President and Chief Operating Officer; and Anthony DiSilvestro, Mattel’s Chief Financial Officer. As you know, this afternoon, we reported Mattel’s 2022 second quarter financial results. We will begin today’s call with Ynon and Anthony providing commentary on our results, after which, we will provide some time for Ynon, Richard and Anthony to take questions.
To help supplement our discussion today, we have provided you with a slide presentation. Our discussion, slide presentation and earnings release may reference non-GAAP financial measures, including adjusted gross profit and adjusted gross margin; adjusted other selling and administrative expenses; adjusted operating income or loss and adjusted operating income or loss margin; adjusted earnings per share; adjusted tax rate; earnings before interest, taxes, depreciation and amortization, or EBITDA; adjusted EBITDA; free cash flow, free cash flow conversion; leverage ratio and constant currency.
In addition, we present changes in our gross billings, a key performance indicator. Please note that we may refer to gross billings as billings in our presentation and that gross billings figures referenced on this call will be stated in constant currency unless stated otherwise. Our accompanying slide presentation can be viewed in sync with today’s call when you access it through the Investors section of our corporate website, corporate.mattel.com.
The information required by Regulation G regarding non-GAAP financial measures as well as information regarding our key performance indicator, is included in our earnings release and slide presentation and both documents are also available in the Investors section of our corporate website. The preliminary financial results included in the press release and slide presentation represent the most current information available to management. The company’s actual results when disclosed in its Form 10-Q may differ from these preliminary results as a result of the completion of the company’s financial closing procedures, final adjustments, completion of the review by the company’s independent registered public accounting firm, and other developments that may arise between now and the disclosure of the final results.