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Mattel Inc
XMUN:MTT

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Mattel Inc
XMUN:MTT
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Price: 12.776 EUR 1.67%
Market Cap: €4.5B

Mattel Inc
Investor Relations

Mattel makes toys and family entertainment products. Its best-known brands include Barbie, Hot Wheels, Fisher-Price, American Girl, Thomas & Friends, and Uno. The company designs the products, develops characters and stories around them, and sells them through retailers, wholesalers, and its own direct-to-consumer channels. Mattel’s main customers are children, parents, gift buyers, and fans who buy toys, dolls, games, and collectibles. It also works with movie, TV, and entertainment partners to turn its brands into broader franchises, which helps keep the products relevant beyond the toy aisle. The company earns money mostly by selling physical products, along with licensing its brands and making money from entertainment tied to those brands. What makes Mattel’s business different is that it owns a portfolio of long-lived brands that can be used again and again across toys, games, digital content, and entertainment. Instead of competing only on one product line, it turns characters and brands into repeatable consumer products that are sold through mass retailers, specialty stores, and online channels.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Aug 4, 2026
AI Summary
Q2 2026

Sales: Mattel reported second-quarter net sales up 10% as reported and 9% in constant currency, with growth led by North America, vehicles, challenger categories and digital games.

Margins: Gross margin came in at 48.6%, pressured by tariffs, inflation, royalties and FX, but helped by Mattel163 and cost-saving actions.

Outlook: Management reiterated full-year 2026 guidance and said second-half gross margin should improve sequentially, with no change to the full-year outlook.

Brand momentum: Hot Wheels, UNO, Masters of the Universe and Little People all showed strong momentum, while Barbie and Fisher-Price remained under pressure but are expected to improve later in the year.

Digital push: Mattel said Mattel163 is performing in line with expectations, and the company is building its self-published mobile-game business with UNO Wild slated for early 2027.

Key Financials
Net sales
10% as reported; 9% in constant currency
North America gross billings
12%
EMEA gross billings
7%
Asia Pacific gross billings
4%
Latin America gross billings
comparable
Adjusted gross margin
48.6%
Advertising
$124 million
Adjusted SG&A
$384 million
Adjusted operating income
$39 million
Adjusted EBITDA
$95 million
Adjusted EPS
$0.01
Free cash flow
$435 million
Share repurchases
$100 million
Year-to-date share repurchases
$300 million
Total buybacks since 2023
$1.5 billion
Cash
$524 million
Leverage ratio
3x
Owned inventory
$830 million
Retailer inventories
low double digits lower YoY
Savings from Optimizing for Profitable Growth
$15 million
Cumulative savings from Optimizing for Profitable Growth
$205 million
Mattel163 revenue contribution
nearly $49 million
Mattel163 adjusted operating income contribution
approximately $14 million
Other Earnings Calls

Management

Mr. Anthony P. DiSilvestro
Chief Financial Officer
No Bio Available
Mr. Sailendra Koorapati
Senior VP & Chief Technology Officer
No Bio Available
Mr. David Zbojniewicz
VP & Head of Investor Relations
No Bio Available
Ms. Catherine Frymark
Executive Vice President of Corporate Communications
No Bio Available
Ms. Karen Ancira
Executive VP & Chief People Officer
No Bio Available
Ms. Lisa McKnight
Executive Vice President & Chief Brand Officer
No Bio Available
Ms. Robbie Brenner
President of Mattel Films
No Bio Available
Mr. Josh Silverman
Executive VP & Chief Franchise Officer
No Bio Available
Mr. Chris Down
Executive VP & Chief Design Officer
No Bio Available
Ms. Michelle Mendelovitz
Head of Mattel Television Studios
No Bio Available

Contacts

Address
CALIFORNIA
El Segundo
333 Continental Blvd
Contacts
+13105243607.0
www.mattel.com
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