Mattel Q2 FY26 turns to net loss of USD 18 million; net sales rise 10% to USD 1.13 billion
Reuters2026/08/04 21:46Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
- Mattel posted a GAAP net loss of $18 million, swinging from profit; GAAP loss per share was $0.06.
- Net sales rose 10% to $1.13 billion; GAAP operating income fell to $11 million from $79 million.
- GAAP gross margin slipped 2.7 percentage points to 48.2%, due to tariffs, inflation, higher royalties, and unfavorable foreign exchange.
- Adjusted earnings per share fell to $0.01 from $0.21; adjusted operating income dropped to $39 million from $96 million.
- Reiterated full-year 2026 guidance; reaffirmed a $400 million share repurchase target, with $300 million bought back year-to-date.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mattel Inc. published the original content used to generate this news brief on August 04, 2026, and is solely responsible for the information contained therein.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Tesla to unveil long-delayed Roadster on Oct. 1, Musk says
Reuters•2026/09/13 01:29
USDC Treasury Mints 250 Million USDC on Solana Chain
Cointime•2026/09/12 21:58
Metaplanet Cuts Executive Share Pool 41.1% After Investor Outcry
CoinCryptoNewz•2026/09/12 21:27
Integrum publishes annual report for fiscal 2025/26
Reuters•2026/09/12 20:59
Crypto prices
MoreBitcoin
BTC
$77,275.38
+0.03%
Ethereum
ETH
$2,525.13
+0.41%
Tether USDt
USDT
$0.9998
-0.01%
BNB
BNB
$729.21
+0.06%
XRP
XRP
$1.37
+0.38%
USDC
USDC
$0.9998
-0.01%
Solana
SOL
$102.23
+0.14%
TRON
TRX
$0.3404
+0.43%
Hyperliquid
HYPE
$79.43
+0.77%
Zcash
ZEC
$1,127.91
-0.87%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now