Mattel Publishes Q3 2026 Earnings Call Transcript
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- Mattel cut its 2026 outlook as weaker-than-expected consumer sales late in the third quarter continued into the fourth quarter across major markets.
- Full-year guidance now targets constant-currency sales growth of 1%-4%, with adjusted earnings per share of $1.05-$1.20.
- Adjusted operating income is forecast at $500 million-$570 million; adjusted gross margin at roughly 48%, excluding tariff refunds.
- CEO Roger Lynch prioritized strengthening the core toy business; Barbie remained below expectations, while Hot Wheels approached $2 billion in gross billings.
- The November 5 third-quarter earnings call included Lynch, CFO Peter Griffith, Executive Advisor Paul Ruh and investor relations head Katina Metzidakis.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mattel Inc. published the original content used to generate this news brief on November 09, 2026, and is solely responsible for the information contained therein.
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