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Mattel beats Q2 revenue but misses on earnings, gap with Hasbro widens

The Wall Street Journal +1 ·

MAT
MAT Mattel Inc
$14.86 -0.13%
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  1. 1Mattel (MAT) exceeded Q2 revenue estimates, but earnings fell sharply due to higher tariffs and marketing costs
  2. 2Net revenue came in at $1.12 billion, beating the $1.10 billion estimate, while adjusted EPS was just $0.01, missing the $0.04 forecast
  3. 3With the gap with Hasbro (HAS) widening, Mattel reaffirmed its full-year adjusted EPS guidance of $1.27–$1.39 and revenue growth of 3–6%

This 3-line summary is compiled from the report below.

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