Mattel Inc

MAT: XNAS (USA)
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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%.

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