Mattel Inc

MAT: XNAS (USA)
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Mattel Earnings: Retailer Caution Raises Concern Around 2025 Sales, but Cost Savings Protect Profits

Mattel's sales fell by 6% in the second quarter, mainly due to struggles with Barbie and Fisher-Price. However, the company maintained its adjusted operating margin, which dropped only 20 basis points to 8.7%, thanks to efforts in a $200 million cost-savings plan aimed at improving profitability.

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