Mattel: 3 Key Takeaways for Long-Term Investors

Mattel revised its full-year net sales growth guidance downward to 1-4%, citing softer retail trends and slowing store demand. While Hot Wheels continues strong performance approaching $2 billion in gross billings, Barbie sales are lagging and require operational fixes. Management is refocusing capital allocation toward core toy business investments rather than unproven corporate initiatives.