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

Mattel Q3 net sales fall 6% to $1,736 million; company reiterates 2025 guidance

Negative Impact 3 of 5 earnings Written later

Mattel reported third quarter 2025 results with net sales of $1,736 million, down 6% as reported, and diluted EPS of $0.88 versus $1.09 a year earlier. Management reiterated its full year 2025 guidance and its $600 million share repurchase target, citing industry-wide shifts in US retailer ordering patterns that weighed on the quarter.

Key points

  • Net sales $1,736 million, down 6% as reported and 7% in constant currency; North America down 12%
  • Net income $278 million, down $94 million; diluted EPS $0.88 versus $1.09; adjusted EPS $0.89 versus $1.14
  • Operating income $380 million, down $108 million; gross margin 50.0% versus 53.1%
  • Full year 2025 guidance reiterated, including adjusted EPS of $1.54 to $1.66; $202 million repurchased in the quarter, $412 million year to date

The filing

CompanyMattel (MAT)
Form8-K, current report
Filed with the SECOct 21, 2025, 4:10 PM ET
Accession number0001628280-25-045690

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 21, 2025.

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