Mattel, Inc. (NASDAQ:MAT) Q1 2022 Earnings Conference Call April 27, 2022 5:00 PM ET
Company Participants
David Zbojniewicz - Vice President of Investor Relations
Ynon Kreiz - Chairman and Chief Executive Officer
Richard Dickson - President and Chief Operating Officer
Anthony DiSilvestro - Chief Financial Officer
Conference Call Participants
Eric Handler - MKM Partners
Linda Bolton Weiser - D.A. Davidson
Arpine Kocharyan - UBS Investment Bank
Drew Crum - Stifel
Matthew Catton - Jefferies
Gerrick Johnson - BMO Capital Markets
Megan Alexander - JPMorgan
Fred Wightman - Wolfe Research, LLC
Mike Ng - Goldman Sachs
Jim Chartier - Monness, Crespi, Hardt & Co. Inc.
Jaime Katz - Morningstar
Operator
Ladies and gentlemen thank you for standing by. And welcome to the Mattel, Inc. First Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded. [Operator Instructions]
I'd now like to hand the conference over to your speaker, Mr. David Zbojniewicz, Head of Investor Relations.
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 first 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 your 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 and adjusted operating income margin, adjusted earnings or loss 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 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.