Mattel Sees Diverging Trends in Toy Sales as Barbie Slips, Uno Thrives
Mattel's latest earnings reveal a tale of two portfolios. While Barbie and Polly Pocket lose momentum, Uno cards notch their ninth consecutive quarter of growth—cementing status as the world's top-selling card game. American Girl dolls and Hot Wheels maintain strong demand, with licensed Jurassic Park and Wicked merchandise gaining traction.
The company absorbed a 6% sales decline and 25% profit drop in Q3, attributing the slump to retailers delaying orders amid tariff uncertainties. Management remains confident in hitting full-year targets, though analysts note December performance must compensate for the soft quarter.