Mattel misses Wall Street estimates as North American sales sink
1. Mattel's Q3 results missed expectations, with earnings at 89 cents per share. 2. Revenue dropped 6% to $1.74 billion, below the forecast of $1.83 billion. 3. Sales in North America fell 12%, significantly impacting major brands like Barbie. 4. Mattel's partnership with Hasbro and Netflix aims to boost future sales. 5. Tariffs are affecting Mattel's pricing strategies and product sourcing from China.