earnings
confidence high
sentiment negative
materiality 0.72
Mattel Q3 2025 net sales down 6% to $1,736M; EPS falls to $0.88 from $1.09; reaffirms FY guidance
MATTEL INC /DE/
2025-Q3 EPS reported
$0.90
revenue$3,581,163,000
- Net sales of $1,736M, down 6% as reported; North America sales fell 12%, International up 3%.
- GAAP EPS $0.88 vs $1.09; adjusted EPS $0.89 vs $1.14; operating income $380M, down $108M.
- Gross margin 50.0%, down 310 bps; adjusted gross margin 50.2%, down 290 bps due to FX, inflation, tariffs.
- Repurchased $202M of shares in Q3, bringing YTD total to $412M; reaffirms $600M FY target.
- Reiterates FY 2025 guidance: net sales +1-3% constant currency, adj. EPS $1.54-$1.66, free cash flow ~$500M.