EconomyMattel keeps annual forecasts but misses quarterly profit estimate as tariff costs squeeze margins
Mattel reaffirmed its full-year forecasts after reporting second-quarter revenue above analysts’ expectations. However, the toy maker’s quarterly profit came in below estimates. Tariff-related costs put pressure on its margins, offsetting the stronger revenue performance.
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Reuters★★☆☆☆2026-08-05 01:10Original
Mattel keeps annual forecasts but misses quarterly profit estimate as tariff costs squeeze margins
Economy