Mattel (MAT) came out with quarterly earnings of $0.89 per share, missing the Zacks Consensus Estimate of $1.05 per share. This compares to earnings of $1.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -15.24%. A quarter ago, it was expected that this toy maker would post earnings of $0.16 per share when it actually produced earnings of $0.19, delivering a surprise of +18.75%.Over the last four quarters, the company has su ...

Market Overview - Markets were mixed, with the Dow up +0.47% and the small-cap Russell 2000 down -0.49% [1] - Bond yields decreased slightly, with the 10-year at +3.96% and the 2-year at +3.46%, influenced by expectations of an interest rate cut [2] Q3 Earnings Summary - Netflix (NFLX) reported earnings of $5.87 per share, missing expectations of $6.89, despite being above last year's $5.40. Revenues were $11.51 billion, slightly below the estimate of $11.52 billion [4] - Texas Instruments (TXN) reported earnings of $1.48 per share, beating the consensus by a penny, with revenues of $4.74 billion, exceeding the anticipated $4.65 billion, but lowered guidance affected stock performance [6] - Mattel (MAT) reported earnings of 89 cents per share, missing the $1.05 consensus, with quarterly sales of $1.74 billion, below the expected $1.81 billion. Adjusted gross margins fell year over year [7] Future Earnings Expectations - Upcoming earnings reports include AT&T (T), GE Vernova (GEV) before the market opens, and Tesla (TSLA), IBM (IBM), and Southwest Airlines (LUV) after the close [8]

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Financial Data and Key Metrics Changes - Net sales decreased by 6% as reported and 7% in constant currency to $1.74 billion [18] - Adjusted gross margin decreased by 290 basis points to 50.2% [18] - Adjusted operating income decreased by $117 million to $387 million [18] - Adjusted earnings per share decreased by $0.25 to $0.89 [18] - Total company gross billings decreased by 5% in constant currency [18] Business Line Data and Key Metrics Changes - Dolls category declined by 12%, primarily due to Barbie and Polly Pocket, partially offset by growth in Wicked, Monster High, and American Girl [19] - Vehicles category grew by 6%, with Hot Wheels on track for an eighth consecutive record year [19] - Infant Toddler and Preschool (ITPS) declined by 26% due to declines in Fisher Price and preschool entertainment [20] - Challenger categories collectively grew by 9%, driven by action figures [20] - UNO maintained its position as the number one card game globally, growing for the ninth consecutive quarter [20] Market Data and Key Metrics Changes - North America gross billings declined by 10% due to shifts in retailer ordering patterns [21] - EMEA region grew by 3% and Asia Pacific by 11%, while Latin America declined by 4% [21] - The toy industry grew high single digits in the third quarter, reflecting momentum heading into the holiday season [13] Company Strategy and Development Direction - The company is advancing its strategy to grow its IP-driven toy business and expand its entertainment offerings [9] - A new brand-centric organizational structure has been implemented to enhance global brand management capabilities [9] - The company is focusing on scaling digital games and has announced several licensed games for console and PC [13] - Strategic collaborations with OpenAI and Netflix are being pursued to enhance product offerings and market reach [10][11] Management's Comments on Operating Environment and Future Outlook - Management noted that while the U.S. business faced challenges, consumer demand for products grew in every region [16] - The company expects a strong holiday season and is reiterating its full-year guidance for 2025 [9][28] - Management expressed confidence in the fundamentals of the business and the ability to navigate current trade dynamics [17] Other Important Information - The company repurchased $2 million of shares in the third quarter, totaling $412 million for the year, with a target of $600 million for the full year [7][23] - Retail inventories are modestly lower compared to the prior year, positioning the company well for the holiday season [24][29] - The company achieved $23 million in savings in the third quarter as part of its cost optimization program [27] Q&A Session Summary Question: Can you quantify POS in the third quarter? - Management confirmed that POS increased in all regions, including the U.S., and generally outperformed gross billings, indicating healthy consumer demand [33] Question: What is driving the retailer order acceleration? - The shift from direct import to domestic shipping has led retailers to accelerate orders in response to increasing POS, preparing for expected consumer demand [40][42] Question: What are the expectations for Barbie in Q4? - Management expects improving trends for Barbie in Q4 driven by cultural relevance, packaging innovation, and expanding adult demand [71] Question: How are tariffs impacting gross margin? - Tariff-related costs, foreign exchange, and inflation have impacted gross margin, but the full effects are expected to be seen more in Q4 [37] Question: What is the outlook for international business in Q4? - Current trends in international markets are expected to persist, with strong consumer demand and disciplined execution across markets [51] Question: What is the expected impact of the Wicked movie on content support? - The Wicked movie is anticipated to significantly contribute to the fourth quarter, alongside other major releases planned for next year [60] Question: How does the company view pricing strategies moving forward? - The company aims to keep prices low for consumers and has no plans for additional price increases this year, focusing on efficiencies to mitigate costs [85]

cautious. Mattel said its U.S. business was "challenged†as retailers change up toy orders and shoppers remain ...

The Mattel, Inc. logo is displayed outside the headquarters of the toy company known for products including Barbie and Hot Wheels in El Segundo, California on June 8, 2023.Barbie-maker Mattel posted third-quarter results after the market close on Tuesday that missed analysts' expectations as ongoing global tariffs continue to hamper the toy manufacturer's sales in North America.Shares of the company fell 4% in after hours trading.Here's what Mattel reported for its third quarter compared with what Wall Stre ...

Third Quarter 2025 Earnings (Unaudited Results) October 21, 2025 Forward-Looking Statements / Presentation Information This presentation contains a number of forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts and include statements regarding Mattel's guidance and goals for future periods and other future events. The use of words such as ...

Mattel, Inc. (NASDAQ:MAT) shares fell after the company missed earnings and revenue estimates in its third-quarter financial report after Tuesday's closing bell. Here's a look at the key figures from the quarter. MAT stock is down. See the real-time price action here.The Details: Mattel reported adjusted earnings of 89 cents per share, which missed the $1.07 analyst estimate.Quarterly revenue came in at $1.73 billion, which missed the Street estimate of $1.83 billion for the quarter.Read Next: Beyond Meat, ...

just did a deal with Netflix over K-pop Demon Hunters. Don't know if they're going to mention that though. Kate Rogers has the numbers. Kate, >> uh, they kind of mentioned it. Not quite. Let's get through the numbers, John. So, the stock uh, was down, you can see 9% was down as much as 22% on these Q3 results, which are disappointing. EPS 89 cents adjusted, lower than the dollar 7 cents analysts were looking for. Revenues 1.74% billion, also lower uh, than the 1.83% billion analysts were looking for. So, mi ...

just did a deal with Netflix over K-pop Demon Hunters. Don't know if they're going to mention that though. Kate Rogers has the numbers. Kate, >> uh, they kind of mentioned it. Not quite. Let's get through the numbers, John. So, the stock uh, was down, you can see 9% was down as much as 22% on these Q3 results, which are disappointing. EPS 89 cents adjusted, lower than the dollar 7 cents analysts were looking for. Revenues 1.74% billion, also lower uh, than the 1.83% billion analysts were looking for. So, mi ...