Mattel Cites Slowing Sales as Reason for Lower Outlook -- Market Talk

1053 ET - Mattel cut its full-year outlook, citing a deceleration in sales late in the third quarter and heading into the fourth across many major markets. However, UBS analysts note that their point-of-sales checks have been largely steady, with retailers well positioned for the holiday season with clean inventories. "Also, Hasbro reported better-than-expected consumer products segment a few days ago," they write in a research note. Should sales start to pick up--as is often the case in the toy industry, with November and December driving a disproportionate amount of volume--Mattel has the inventory to meet that demand, the analysts say. Shares gain 3.6%. (connor.hart@wsj.com)

(END) Dow Jones Newswires

November 06, 2026 10:53 ET (15:53 GMT)