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Mattel shares trade lower after the company announced Ynon Kreiz will leave his chairman and CEO roles on October 2.
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Mattel revised its full-year net sales growth guidance downward to 1-4%, citing softer retail trends and slowing store demand. While Hot Wheels continues strong performance approaching $2 billion in gross billings, Barbie sales are lagging and require operational fixes. Management is refocusing capital allocation toward core toy business investments rather than unproven corporate initiatives.
Mattel reported third-quarter 2026 revenue of $1.81 billion and adjusted earnings of $1.30 per share, while simultaneously lowering its full-year 2026 adjusted EPS outlook.
Filed: 2026-11-05 AccNo: 0000063276-26-000014 Size: 1 MB Item 2.02: Results of Operations and Financial Condition Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits
Mattel has unveiled the 'Mattel Brick Shop Hot Wheels Racer Series,' a new line of buildable 1:64-scale model cars.
Mattel, Inc. is scheduled to release its financial results for the third quarter of 2026 on October 30, 2026.
Mattel, Inc. announced the expansion of its Fisher-Price Mini Marathon program to five additional cities across the United States following the success of its inaugural event in New York City.