PHOTO ART: MERCA2.0 Mattel began 2026 with moderate sales growth, but under increasing pressure on profitability stemming from tariffs, inflation, and currency volatility. The company reported that its adjusted gross margin fell to 45.1% during the first quarter of the year, a decline of 450 basis points compared to the same period in 2025, despite continued positive global demand for its products. READ ALSO. Mattel Launches New KPop Demon Hunte…
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