$MAT

Lei Bao released a 2026 Global Highest-earning IP List, ranking 61 IPs by revenue. Tencent's Honor of Kings leads with 16.46 billion yuan, followed by Spider-Man and Toy Story. Pop Mart's THE MONSTERS (LABUBU) ranks 10th. Top toy companies include LEGO, Bandai, and Pop Mart, with revenues exceeding 10 billion yuan each. Data sources include financial reports and public data, with some AI calculations.

Mattel Inc. (MAT) shares fell after two banks downgraded the toy maker following its Q4 results. Q4 sales rose 7% to $1.77B, but adjusted EPS was $0.39 versus $0.55 consensus, per Fiscal AI. Citi cut to Neutral, PT $16 from $25; JPMorgan to Underweight, PT $14 from $23.

Mattel (NASDAQ: MAT) said it formed Mattel Game Studios to develop, publish, and operate digital games based on its brands such as Hot Wheels and UNO. The unit, led by Mattel Digital Studios, consolidates nearly 300 staff and includes Mattel163’s portfolio. Mattel163 has reported 550M+ downloads and about 20M monthly active players.

Investing.com reports unusual options activity in Mattel (MAT): 16,938 call contracts traded by 10:41 a.m., mostly targeting the Sept. 18, 2026 $15 strike, with the stock near $14.98. The article cites lower implied volatility (35.88%) and mentions Q2 sales beat estimates but profits missed, while guidance and buybacks were reaffirmed.

Mattel announced it is forming Mattel Game Studios to develop and publish games based on its IP. The unit follows Mattel’s February acquisition of full control of Mattel163 from NetEase. Mattel Game Studios will oversee mobile titles and new releases on platforms like Roblox and Fortnite, including UNO! and Phase 10. It also launched Marvel Game Studios’ Skeletor: Until Next Time! and is working on UNO Wild and a Hot Wheels title.

Mattel (MAT) reported Q2 2026 sales of $1,125.3 million, up from $1,018.6 million a year earlier, but net income fell to a $18.2 million loss from $53.4 million profit. Six-month net income rose to $42.8 million. Mattel also completed a $298.31 million repurchase of 18,353,965 shares.

Mattel reported Q2 net sales of $1.12B, above LSEG’s $1.10B estimate, but adjusted profit was 1 cent per share versus a 4-cent estimate. Mattel cited tariffs, inflation, higher royalties, and currency moves, with adjusted gross margin down to 48.6% and operating income down 60% on higher marketing. It reaffirmed FY EPS $1.27-$1.39 and sales growth 3%-6%.

Mattel reported Q2 2026 net sales growth of 10%, citing double-digit gains in North America and integration of Mattel163 digital games. Management reiterated 2026 guidance for net sales growth of 3% to 6% and adjusted gross margin around 50%, while discussing margin headwinds from tariffs and inflation and a $110 million digital/IP investment plan.

Mattel launched a Barbie Signature doll and a co-branded Angel Reese 1 Reebok shoe line with WNBA player Angel Reese during WNBA All-Star weekend. The doll debuted at Target and online at Walmart, Amazon, and Mattel.com and sold out quickly. The shoes are priced at $160 (adults) and $130 (kids). Mattel reported Q2 sales up 10% to $1.13B.

Mattel (MAT) shares fell about 2.7% to around $14.50 after Q2 results showed revenue growth but weaker profitability. Net sales rose to $1,125.3m from $1,018.6m, while net income swung to a $18.2m loss from a $53.4m profit. Adjusted operating income fell to $39m from $96m as margins declined due to tariffs, inflation, royalties, and higher advertising.