Mattel (MAT) reported Q2 adjusted earnings late Tuesday of $0.01 per diluted share, down from $0.21 per share a year earlier.

Analysts polled by FactSet expected EPS of $0.04.

Net sales in the three months ended June 30 rose to $1.13 billion from $1.02 billion a year earlier.

Analysts surveyed by FactSet expected $1.10 billion.

The company maintained 2026 adjusted EPS guidance of $1.27 to $1.39. Analysts polled by FactSet expect $1.32.