News Brief: Mattel Q3 Earnings Report
Summary
Mattel reported third-quarter earnings and revenue that fell short of analyst expectations, citing industry-wide shifts in retailer ordering patterns and ongoing pressure from global tariffs. This marks the first time in three quarters the company has missed on both metrics.
Key Points
- Earnings Miss: Adjusted EPS was 89 cents vs. $1.07 expected. Revenue was $1.74 billion vs. $1.83 billion expected.
- Sales Decline: Net sales fell 6% year-over-year. North American sales dropped 12%, while international sales grew 3%.
- Brand Performance: Global Barbie sales declined 17%, and Fisher-Price sales fell 19%. Hot Wheels sales increased 8%.
- CEO Statement: Ynon Kreiz noted challenges in Q3 but stated U.S. retailer orders have “accelerated significantly” in Q4.
- Strategic Moves: Partnered with Netflix and Hasbro on merchandise for “KPop Demon Hunters,” with products expected in 2026.
- Stock Impact: Shares fell 4% in after-hours trading.
新闻简报：美泰公司第三季度财报
总结
美泰公司公布的第三季度盈利和收入均未达到分析师预期，公司将原因归咎于行业范围内的零售商订单模式转变以及全球关税带来的持续压力。这是该公司三个季度以来首次在这两项指标上均未达标。
关键点
- 盈利未达预期：调整后每股收益为89美分，预期为1.07美元。收入为17.4亿美元，预期为18.3亿美元。
- 销售额下降：净销售额同比下降6%。北美销售额下降12%，而国际销售额增长3%。
- 品牌表现：全球芭比娃娃销售额下降17%，费雪销售额下降19%。风火轮销售额增长8%。
- CEO声明：Ynon Kreiz指出第三季度面临挑战，但表示第四季度美国零售商的订单已”显著加速”。
- 战略举措：与Netflix和孩之宝就”KPop Demon Hunters”的周边商品达成合作，产品预计于2026年上市。
- 股价影响：盘后交易中股价下跌4%。
Original Article Link: https://www.cnbc.com/2025/10/21/mattel-mat-earnings-q3-2025.html