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AI brief of an SEC Form 8-K · Mattel (MAT)

Mattel Q3 net income rises to $354 million, helped by $88 million in tariff refunds

Mixed Impact 4 of 5 earnings

Mattel reported third quarter 2026 net sales of $1,807 million, up 4%, and diluted EPS of $1.23 versus $0.88 a year earlier. The company said the gross margin gain was primarily driven by $88 million of tariff refunds, and its revised 2026 guidance excludes those refunds. The company also named Steve Totzke President and Chief Operating Officer, effective November 11, 2026.

Key points

  • Q3 2026 net sales were $1,807 million, up 4% as reported and 3% in constant currency
  • Q3 2026 net income was $354 million, an increase of $75 million; diluted EPS was $1.23 versus $0.88
  • Full-year 2026 adjusted EPS guidance is $1.05 to $1.20 and adjusted operating income guidance is $500 million to $570 million, excluding tariff refunds
  • Steve Totzke appointed President and COO effective November 11, 2026; Roberto Stanichi resigned as President, Chief Marketing and Brand Officer, effective November 10, 2026

The filing

CompanyMattel (MAT)
Form8-K, current report
Filed with the SECNov 5, 2026, 4:18 PM ET
Accession number0000063276-26-000014

Items reported: 2.02 Results of Operations5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.