Mattel Inc
MAT: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| nn! | LOCK|@G^p | LOCK|FWdx&! |
Mattel Earnings: Investments Weigh on Profit Progress, but They Support Brand Relevance Longer Term
Mattel's fourth quarter saw 7% sales growth aided by vehicles (up 20%) and challenger categories (up 16%). Still, the holiday season was tough, resulting in promotions that added profit pressure on top of tariffs, leading to an adjusted operating margin contraction of 70 basis points to 9.1%.
