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flag Mattel's Q3 2025 sales dropped 6% to $1.736B, missing estimates due to weak North American demand.

flag Mattel reported weaker-than-expected third-quarter 2025 results, with net sales falling 6% to $1.736 billion and adjusted earnings per share at 89 cents, below the expected $1.07. flag The company missed revenue forecasts, citing sluggish retail demand in North America amid economic uncertainty, leading to a 290-basis-point drop in adjusted gross margin to 50.2%. flag Operating income and net income also declined, though CEO Ynon Kreiz noted strong global consumer demand and resilient underlying business fundamentals.

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