Mattel reiterates full-year outlook; Hot Wheels sales top $2B
Mattel CEO Ynon Kreiz reiterated full-year EPS of $1.27–$1.39 and revenue growth of 3%–6%. Hot Wheels, action figures and building sets supported sales, with Hot Wheels sales reported past $2B, and a multi-year BBC Studios Bluey license set to expand product rollouts starting this fall.