Mattel, Inc. Investigated by the Portnoy Law Firm

Core Viewpoint - The Portnoy Law Firm has initiated an investigation into possible securities fraud involving Mattel, Inc. and may file a class action on behalf of investors [1]. Financial Performance - Mattel's shares experienced a significant decline, falling by $5.26, or 24.98%, to close at $15.90 on February 11, 2026 [3]. - The decline in share price followed the announcement of fourth quarter and full year 2025 results, where net sales decreased by 1% year over year, and adjusted operating income fell to $620 million, missing previous guidance of 1%-3% growth and $700 million to $750 million [3]. - Management attributed the disappointing results to "trade-related uncertainty," which led retailers to shift orders into the fourth quarter earlier than usual, and noted that efforts to manage owned inventory had a larger-than-expected impact on margins and profitability [3].