From Financial Modeling Prep: 2025-05-06 09:59:00

Mattel (NASDAQ:MAT) exceeded Q1 expectations with a narrower loss of $0.05 per share and a 2% revenue increase to $827 million, beating estimates. Despite the strong start, full-year 2025 guidance was paused due to economic volatility and tariff concerns. Gross margin improved to 49.4%, with plans to repurchase $600 million in shares.

The toy maker is adjusting its supply chain and sourcing strategies to mitigate potential tariff effects. Performance varied across key brands, with Hot Wheels up 4%, Barbie down 2%, and Fisher-Price down 3%. Mattel remains cautious due to economic uncertainty and lack of visibility in the market.



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