Mattel Inc
MAT: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Vq | LOCK|^X<y | LOCK|k<G#%s |
Mattel Earnings: Modest Sales and Profit Growth in 2025 Signals Stable Demand; Shares Attractive
While fourth-quarter sales growth of 2% was near our forecast, an adjusted operating margin of 9.8% was more than 200 basis points above our model. As we move into a fifth year of $5.4 billion in sales at Mattel, the cost and product structure alignment should again generate a 14% operating margin.
