Law Offices of Howard G. Smith announces an investigation on behalf of Mattel, Inc. (“Mattel” or the “Company”) (NASDAQ: MAT) investors concerning the Company’s possible violations of federal securities laws.

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN MATTEL (MAT), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.

Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.

What Happened?

On February 10, 2026, the Company reported fourth quarter full year 2025 results, including, among other things, that net sales fell -1% year over year, missing the Company’s prior guidance of 1%-3% growth, and adjusted operating income also fell to $620 million, missing the Company’s prior guidance of $700 million to $750 million.

During the associated earnings call, management revealed “trade-related uncertainty led retailers to shift orders from the second and third quarters into the fourth quarter” but December results nonetheless “finished lower.” Management further explained that “in response, [the Company] took actions to manage owned inventory… which had a larger-than-expected impact on margins and profitability.”

On this news, shares fell $5.26, or 24.98%, to close at $15.90 on February 11, 2026, thereby injuring investors.

Contact Us To Participate or Learn More:

If you purchased Mattel securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:

Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Telephone: (215) 638-4847
Email: howardsmith@howardsmithlaw.com,
Visit our website at: www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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