Mattel posts Q3 2026 earnings beat EPS but revenue miss and lowers full‑year guidance
+1 new source since this summary was written
Mattel reported third‑quarter 2026 adjusted earnings per share of $1.30, beating analysts by $0.34, while net sales reached $1.81 billion, missing the $1.84 billion consensus. Revenue grew 4% year‑over‑year on a reported basis (3% in constant currency) and gross margin expanded 480 basis points to 54.8% (adjusted gross margin 55.0%). The company lowered its full‑year adjusted EPS outlook to $1.05‑$1.20, below the $1.30 consensus, sending the stock down about 3‑4% in after‑hours trading.
Why it matters
The reduced full‑year EPS guidance signals lower profit expectations for investors, and the post‑earnings share decline reflects market disappointment. The beat on EPS may support short‑term price support, but the guidance shortfall could pressure the stock further.
Key facts
- 1Adjusted EPS for Q3 2026 was $1.30, beating the analyst consensus of $0.96 by $0.34. investing.com
- 2Net sales for the quarter were $1.81 billion, missing the $1.84 billion estimate. investing.com
- 3Revenue grew 4% year‑over‑year on a reported basis and 3% in constant currency. investing.com
- 4Gross margin expanded 480 basis points to 54.8% on a reported basis; adjusted gross margin was 55.0%, up from 50.2% a year earlier. investing.com
- 5Full‑year adjusted EPS guidance was set at $1.05‑$1.20, below the consensus of $1.30. investing.com
- 6Adjusted operating income rose to $502 million, and the company repurchased $308 million of shares year‑to‑date. finance.yahoo.com
Summary written by AlphAI AI Desk from 8 of 8 sources. Not investment advice. Figures are as stated by the linked sources.