Core Viewpoint - Mattel's third-quarter results fell short of analysts' expectations, primarily due to ongoing global tariffs impacting sales in North America, leading to a 4% drop in shares after hours [1][3]. Financial Performance - For the quarter ended September 30, net income was reported at $278 million, or 88 cents per share, down from $372 million, or $1.09 per share, a year earlier [2]. - Adjusted earnings per share were 89 cents, compared to the expected $1.07 [8]. - Net sales decreased by 6% to $1.74 billion, missing Wall Street's expectations of $1.83 billion [3][8]. Sales Breakdown - North American sales fell by 12%, with the most significant declines in the infant, toddler, and preschool categories [5]. - Global sales for Barbie decreased by 17%, and Fisher-Price sales dropped by 19%, while Hot Wheels sales increased by 8% [5]. Future Guidance - The company provided full-year guidance, projecting net sales growth between 1% and 3% and earnings per share between $1.54 and $1.66 [4]. - CEO Ynon Kreiz noted that orders from U.S. retailers have significantly accelerated since the beginning of the fourth quarter [4]. Strategic Initiatives - Mattel is focusing on expanding its entertainment offerings and leveraging new technology, including a partnership with Hasbro and Netflix to launch products tied to the movie "KPop Demon Hunters" [6][7].

Financial Performance - Net Sales decreased by 6% to $1736 million[25], with a 7% decrease in constant currency[25] - Adjusted Gross Margin decreased by 290 bps to 502%[25] - Adjusted Operating Income decreased by $117 million to $387 million[25] - Adjusted EPS decreased by $025 to $089[25] Category Performance - Dolls category decreased by 12%, while Vehicles increased by 6%[29] - Infant, Toddler, and Preschool category declined by 26%, while Challenger category increased by 9%[29] Regional Performance - North America Gross Billings decreased by 10% in constant currency[33] - EMEA Gross Billings increased by 3% in constant currency[33] - Latin America Gross Billings decreased by 4% in constant currency[33] - Asia Pacific Gross Billings increased by 11% in constant currency[33] Cash Flow and Balance Sheet - Year-to-date Free Cash Flow was negative $328 million[46] - Trailing Twelve Months (TTM) Free Cash Flow was $488 million[46] - $202 million of shares were repurchased in Q3, bringing the year-to-date total to $412 million[13, 47]

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, ...

Core Insights - The company experienced disappointing Q3 results, with stock down 9% and as much as 22% at one point, missing both EPS and revenue expectations [1] - Adjusted EPS for Q3 was 89 cents, lower than the expected $1.07, and revenues were $1.74 billion, below the anticipated $1.83 billion [1] - The company projects full-year revenues to be in the range of 1% to 3%, compared to the 1.2% estimate, and adjusted EPS is expected to be between $1.54 and $1.66, versus the $1.61 estimate [1] - The adjusted gross margin for Q3 was 50.2%, down from 53.1% a year ago [1] - The CEO noted challenges in the US business due to industry-wide shifts but expressed optimism about strong fundamentals and growth in consumer demand [1] Future Outlook - The company anticipates strong topline growth in Q4 and is reiterating its full-year 2025 guidance [2] - The strategy includes advancing its IP-driven toy business and expanding entertainment offerings, highlighted by the K-pop Demon Hunters deal with Netflix [2]

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 ...

Core Viewpoint - Mattel has observed a significant increase in orders from U.S. retailers in recent weeks, which has bolstered the company's confidence in its outlook for the year ahead of the holiday season [1] Group 1 - U.S. retailers have ramped up orders for Mattel's products [1] - The increase in orders has provided Mattel with enough confidence to support its annual outlook [1] - The timing of the order increase is particularly relevant as the holiday season approaches [1]

NEWS RELEASE Exhibit 99.1 MATTEL REPORTS THIRD QUARTER 2025 FINANCIAL RESULTS Third Quarter 2025 Highlights Versus Prior Year EL SEGUNDO, Calif., October 21, 2025 – Mattel, Inc. (NASDAQ: MAT) today reported third quarter 2025 financial results. Ynon Kreiz, Chairman and CEO of Mattel, said: "While our US business was challenged in the third quarter by industry-wide shifts in retailer ordering patterns, the fundamentals of our business are strong, with growth in consumer demand for our products across every r ...

Core Insights - Mattel reported third-quarter results that fell short of sales and profit estimates, primarily due to weak retail demand for its toys in North America amid increasing economic uncertainty [1] Company Summary - Mattel's sales and profit figures for the third quarter did not meet market expectations [1] - The company is experiencing sluggish retail demand for its toys, particularly in the North American market [1] - Economic uncertainty is cited as a contributing factor to the decline in demand for Mattel's products [1] Industry Summary - The toy industry is facing challenges related to retail demand, especially in North America [1] - Economic conditions are impacting consumer spending on toys, leading to a slowdown in sales for companies like Mattel [1]

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) today reported third quarter 2025 financial results. Ynon Kreiz, Chairman and CEO of Mattel, said: "While our US business was challenged in the third quarter by industry-wide shifts in retailer ordering patterns, the fundamentals of our business are strong, with growth in consumer demand for our products across every region. Since the beginning of the fourth quarter, orders from retailers in the US have accelerated significantly an. ...

Core Insights - Netflix has partnered with Mattel and Hasbro to become global co-master toy licensees for the KPop Demon Hunters franchise, which is expanding into various media and consumer categories [1][3] - The animated feature has achieved significant success, with 325 million global views and its soundtrack garnering 8.3 billion streams since its June debut [2] - The toy lines are set to launch in 2026, with pre-orders starting next month in preparation for the holiday season [1][4] Company Collaborations - Through the partnership with Mattel, a full range of KPop Demon Hunters-themed products will be developed, including dolls, action figures, and collectibles [4] - Hasbro will also create a product lineup that brings key moments from the film to life, featuring innovative items such as plush toys and youth electronics [4][5] - The collaboration aims to enhance fan engagement by providing immersive play experiences beyond the screen [5] Market Strategy - The toy deal marks a significant step in Netflix's strategy to expand its consumer products offerings, following previous collaborations with Walmart for other franchises [3] - Products from both Mattel and Hasbro are expected to be available at retail starting in spring 2026, continuing through the holiday season of that year [5]