PHOTOART: MERCA2.0 Mattel started 2026 with moderate sales growth, but under increasing pressure on its profitability from tariffs, inflation and exchange rate volatility. The company reported that its adjusted gross margin fell to 45.1% during the first quarter of the year, a 450-point reduction compared to the same period of 2025, despite the fact that global demand for its products remained positive.
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PHOTOART: MERCA2.0 Mattel started 2026 with moderate sales growth, but under increasing pressure on its profitability from tariffs, inflation and exchange rate volatility. The company reported that its adjusted gross margin fell to 45.1% during the first quarter of the year, a 450-point reduction compared to the same period of 2025, despite the fact that global demand for its products remained positive.