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BRIEF-Mattel Inc Q1 reported shr loss $0.33; Q1 adj shr loss $0.32

April 20 Mattel Inc

* Mattel inc - q1 reported loss per share $0.33; q1 adjusted loss per share $0.32; q1 net sales $735.6 million versus. 869.4 million last year

* Mattel inc - q1 gross margin down 680 basis points

* Mattel inc - inventories at the end of q1 2017 was $769.8 million versus $613.8 million at the end of q4 2016

* Mattel inc - q1 worldwide gross sales for mattel girls & boys brands $441.1 million, down 16% as reported and in constant currency

* Mattel inc - q1 worldwide gross sales for barbie brand were down 13% as reported, and down 12% in constant currency

* Mattel inc - q1 worldwide gross sales for fisher-price brands were $246.9 million, down 9% as reported, and down 8% in constant currency

* Mattel inc says "our q1 results were below expectations due to the retail inventory overhang coming out of the holiday period"

* Mattel Inc Q1 rev view $801.4 mln -- Thomson Reuters I/B/E/S

* Mattel Inc Q1 shr view $-0.17 -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage:

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