{"id":29231,"date":"2021-02-25T08:56:07","date_gmt":"2021-02-25T14:56:07","guid":{"rendered":"https:\/\/www.ceo-na.com\/?p=29231"},"modified":"2021-02-25T08:56:07","modified_gmt":"2021-02-25T14:56:07","slug":"mattel-outlines-plan-for-2021-and-beyond","status":"publish","type":"post","link":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/news\/mattel-outlines-plan-for-2021-and-beyond\/","title":{"rendered":"Mattel outlines plan for 2021 and beyond"},"content":{"rendered":"<p><strong>The company sees revenue growing in the mid-single digits from the $4.58 billion seen in 2020.<\/strong><\/p>\n<p><strong>\u00a0<\/strong><!--more--><\/p>\n<p>Shares of toymaker Mattel\u00a0rose as much as 4% on Wednesday as the company outlined its plans for 2021 and beyond.<\/p>\n<p>&nbsp;<\/p>\n<p>As part of the company\u2019s investor day presentation, the toy maker unveiled expectations for growth this year and laid out its forecasts for 2022 and 2023.<\/p>\n<p>&nbsp;<\/p>\n<p>For 2021, Mattel expects adjusted EBITDA to range between $775 million and $800 million. That would be an increase from $719 million last year.<\/p>\n<p>&nbsp;<\/p>\n<p>The company said it sees revenue growing in the mid-single digits from the $4.58 billion seen in 2020 and estimates sales will grow at a similar pace in 2022 and 2023. The company also sees operating income margin staying in the mid-teens through 2023.<\/p>\n<p>Mattel also expects cost savings of $250 million by 2023. The company cut costs by $1 billion between 2018 and 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company sees revenue growing in the mid-single digits from  [&#8230;]<\/p>\n","protected":false},"author":21,"featured_media":29237,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1338],"tags":[111],"class_list":["post-29231","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-mattel"],"_links":{"self":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/29231","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/comments?post=29231"}],"version-history":[{"count":1,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/29231\/revisions"}],"predecessor-version":[{"id":29243,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/29231\/revisions\/29243"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/media\/29237"}],"wp:attachment":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/media?parent=29231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/categories?post=29231"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/tags?post=29231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}