Mattel, Inc. reports developments across its global play and family entertainment business, built around franchise brands such as Barbie, Hot Wheels, Fisher-Price, American Girl, Thomas & Friends, UNO, Masters of the Universe, Matchbox, Monster High and Polly Pocket. Company updates commonly cover toys, content, consumer products, digital games and live experiences sold through retail and ecommerce relationships.
Recurring news includes quarterly financial results, brand and franchise product launches, entertainment-related licensing and promotional partnerships, digital strategy updates following the completed acquisition of full ownership of Mattel163, share repurchases and capital allocation, shareholder engagement, board review of strategy, and changes in the global commercial organization.
Mattel (NASDAQ: MAT) appointed Steve Totzke as President and Chief Operating Officer, effective November 11, 2026, in a newly created role. He will oversee global brands, sales and commercial operations, and consumer products and experiences, reporting to Chairman and CEO Roger Lynch. Roberto Stanichi will step down as President and Chief Marketing and Brand Officer on November 10, 2026, to pursue another opportunity.
Mattel (MAT) reported third-quarter 2026 net sales of $1,807 million, up 4% from the prior year, alongside higher earnings. Net income rose $75 million to $354 million, and earnings per share increased to $1.23 from $0.88. Gross margin reached 54.8%, up 480 basis points, primarily driven by $88 million of tariff refunds. Operating income rose $96 million to $476 million.
Vehicles and Dolls gross billings increased, while Infant, Toddler, and Preschool declined. Mattel repurchased $308 million of shares during the first nine months. For 2026, the company now expects constant-currency sales growth of 1% to 4%, adjusted operating income of $500 million to $570 million and adjusted earnings per share of $1.05–$1.20. Guidance excludes tariff refunds. Mattel also announced Steve Totzke as President and Chief Operating Officer.
Mattel (NASDAQ: MAT) announced its new Hot Wheels Racer Series of buildable vehicles, scheduled to become available in January 2027. The Mattel Brick Shop collection will debut with six vehicles at a suggested retail price of $4.99 each. The sets bring the traditional Hot Wheels 1:64 scale into a brick-building format.
Mattel (NASDAQ: MAT) announced the expansion of Fisher-Price’s Mini Marathon program to five additional cities with The Mom Walk Collective.
The New York City kickoff on October 27, 2026, brought together over 50 local families at Union Square, with Robin Arzón hosting movement sessions. The events feature a 26.2-foot course celebrating babies’ first steps. Additional walks are planned through the end of 2026 in Huntington Beach, Dallas, Tampa, Denver and Pittsburgh, featuring Fisher-Price walkers.
Mattel (NASDAQ: MAT) has entered into a cooperation agreement with EdgePoint Investment Group, a shareholder holding approximately 18% of the company.
In conjunction with the agreement, Mattel appointed Lee Matheson, a partner at EdgePoint, to its board of directors. EdgePoint is Mattel’s largest shareholder. The agreement includes customary voting, standstill, confidentiality and other provisions. Mattel will file the agreement with the Securities and Exchange Commission on Form 8-K.
Mattel (NASDAQ: MAT) appointed Peter Griffith as Chief Financial Officer, effective October 20, 2026, succeeding Paul Ruh in the role. Griffith will report to Chairman and Chief Executive Officer Roger Lynch and will also join Mattel’s board of directors. Ruh will remain in an advisory role through the end of the year to support the transition.
Griffith most recently served as Executive Vice President and CFO of Amgen. His earlier roles included President of Sherwood Canyon Group and leadership positions in corporate development, operations and finance at EY.
Mattel (NASDAQ: MAT) plans to release its third quarter 2026 financial results on November 5, 2026, followed by a webcast conference call. Results are scheduled for approximately 4:05 p.m. Eastern Time, with the call at 5:00 p.m. Eastern Time. The webcast and accompanying slides will be available on Mattel's Investor Relations website, and a webcast archive will remain available for 12 months.
Mattel (MAT) unveiled its first collectible from its upcoming DC lineup at New York Comic Con, opening pre-orders at $100.
The DC Premium Batman: Hush Rooftop Bat-Signal Diorama Set is available through Mattel Creations. It is the first product reveal under the previously announced global, multi-year licensing agreement with Warner Bros. Discovery Global Consumer Products. Mattel will showcase its full Spring 2027 DC Action Figures collection, including adult collectibles, during a Mattel Creations live-stream event on Jan. 1, 2027.
Mattel (MAT) confirmed Bellevue, Nebraska, as its first Mattel Wonder Indoor Waterpark, planned to open at the end of 2027. Construction continues at the approximately 100,000-square-foot destination in Bellevue's Good Life District. American Resort Management will oversee day-to-day operations. The park is designed for year-round use, with attractions themed around Mattel brands including Barbie and Hot Wheels.
Mattel (NASDAQ: MAT) appointed Roger Lynch as Chairman effective October 2, 2026, and Chief Executive Officer on or before November 2, 2026. Lynch, currently a Board member and Independent Lead Director, succeeds Ynon Kreiz. Kreiz will leave both roles on October 2 to take a senior leadership position at another public company. Diana Ferguson becomes Independent Lead Director.
During Kreiz’s tenure, Mattel increased free cash flow, returned to an investment-grade credit rating and resumed share repurchases. It took full ownership of Mattel163 to expand its digital gaming capabilities and obtained new or renewed entertainment licenses. Mattel expects Hot Wheels to achieve its ninth consecutive growth year. The company also restructured and diversified its supply chain, increasing productivity and efficiency across its global manufacturing footprint.