earnings
confidence high
sentiment negative
materiality 0.75
Mattel Q2 sales down 6%, adjusted EPS flat; lowers full-year guidance to $1.54-$1.66
MATTEL INC /DE/
2025-Q2 EPS reported
$0.04
revenue$1,845,191,000
- Net sales $1,019M (-6% as reported and constant currency); North America -16%, International +7%.
- Adjusted gross margin 51.2% (+200 bps YoY); adjusted operating income $88M vs $96M prior year.
- Diluted EPS $0.16; adjusted EPS $0.19 (flat YoY). Repurchased $50M in Q2, $210M YTD.
- 2025 guidance lowered: adj EPS $1.54-$1.66 (from $1.66-$1.72); adj operating income $700-$750M; FCF ~$500M.
- Segment results: Dolls -19%, Infant/Toddler -25%; Vehicles +10% (Hot Wheels), Action Figures +16%.
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