Mattel (MAT) reported a Q1 adjusted loss late Monday of $0.03 per share, narrower than a loss of $0.05 a year earlier.

Analysts polled by FactSet expected a loss of $0.10.

Sales for the quarter ended March 31 were $826.6 million, up from $809.5 million a year earlier.

Analysts surveyed by FactSet expected $786 million.

The company said it paused its full-year 2025 guidance amid a dynamic US tariff landscape and uncertain consumer spending.