Mattel, Inc. (MAT) Presents at UBS Global Consumer and Retail Conference Transcript
Mattel ( NASDAQ:MAT ) CEO Ynon Kreiz sat down with Jim Cramer on Mad Money recently, and the message was unambiguous: 2026 is the year Mattel stops being just a toy company and becomes a full IP entertainment platform.
American Girl marks its 40th anniversary after five quarters of sales growth, but revenue remains far below its peak as Mattel faces industry pressures.
Mattel (MAT) experienced a sharp post-earnings sell-off, losing 25% of its market value despite resilient global sales growth. MAT delivered 7% YoY sales growth in Q4, with vehicles and challenger segments outperforming, but gross margin compressed 480 bps due to tariffs and inflation. Valuation appears attractive: MAT trades at a discount to sector and historical averages, with a $1.5 billion share buyback planned over three years.
Mattel, Inc. shares plunged 25% after disappointing Q4 results and 2026 guidance, with profitability pressured by tariffs and a sluggish Barbie brand. MAT projects 2026 EPS of $1.18–$1.30, well below consensus, and expects gross margins around 50%, reflecting ongoing cost absorption and operational headwinds. The company is investing $150M through 2026 to accelerate a digital transformation, including full control of Mattel163 and new self-published mobile games.
MAT shares plunge after Q4 earnings and revenues miss estimates. Softer December growth and discounting weigh on results.
Investors who tuned into the Mattel earnings conference call yesterday listened to executives say something they've heard before: We expect next year to be better.
The holidays have not been kind to Mattel's stock.
Mattel Inc (NASDAQ:MAT) stock is down 24.6% at $15.88 at last check, after the company announced lower-than-anticipated fourth-quarter earnings and revenue and a disappointing earnings forecast.
Mattel, Inc (NASDAQ:MAT) shares opened 27% lower on Wednesday after the toymaker reported quarterly results that fell short of Wall Street expectations and outlined a year of strategic investments that are likely to pressure near-term earnings. The company posted net sales of $1.77 billion in the fourth quarter, up 7% as reported and 5% in constant currency.
Mattel and Hasbro both delivered disappointing forecasts for 2026. But Hasbro shares rose as much as 9% on Tuesday on the strength of its digital gaming business, and Mattel stock sank 30% premarket on Wednesday and was set for its worst intraday plunge in over four decades.
Mattel, Inc. (MAT) Q4 2025 Earnings Call Transcript