Mattel, Inc. (NASDAQ: MAT) reported web gross sales of $1.73 billion for the third quarter of 2025. Gross sales have been down 6% as reported, and seven% in fixed foreign money, versus the earlier 12 months, primarily resulting from a 12% lower within the North America section, partly offset by a 3% enhance within the Worldwide section.
Internet earnings was $278 million, down 25% year-over-year. GAAP earnings per share was $0.88 in comparison with $1.09 and adjusted EPS was $0.89 in comparison with $1.14 final 12 months.
Worldwide gross billings for Dolls have been down 11% YoY, primarily resulting from declines in Barbie. Gross billings for Toddler, Toddler, and Preschool have been down 25%, resulting from declines in Fisher-Worth, Preschool Leisure, and Child Gear & Energy Wheels.
Gross billings for Automobiles have been $626 million, up 8%, pushed primarily by development in Sizzling Wheels. Gross billings for Motion Figures, Constructing Units, Video games, and Different have been up 11%, primarily pushed by development in Motion Figures, partly offset by a decline in Constructing Units.
For the complete 12 months of 2025, the corporate expects web gross sales development of 1-3% and adjusted EPS of $1.54-1.66.
Prior efficiency
