Mattel misses second-quarter profit estimates amid slowdown in toy sales
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Article Excerpt
Mattel misses second-quarter profit estimates amid slowdown in toy sales
REUTERS
PUBLISHED 46 MINUTES AGO
Open this photo in gallery:
Mattel generates most of its revenue from traditional toys such as Hot Wheels cars.
JUSTIN SULLIVAN/GETTY IMAGES
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Mattel MAT-Q -0.13%
decrease
missed Wall Street expectations for second-quarter profit on Tuesday as consumers cut back on discretionary spending amid a slowdown in the traditional toy market.
Mattel, which gen…
Read full article at The Globe and Mail ↗
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Aug 4, 2026