Mattel (NASDAQ:MAT) reported Q3 2024 revenues of $1.84 billion, falling short of analyst expectations of $1.86 billion and marking a 3.9% decline from the previous year. Despite this, the company achieved a GAAP profit of $1.14 per share, surpassing analysts' forecast of 94 cents. CEO Ynon Kreiz emphasized their ongoing strategy to enhance their IP-driven toy business and forecasted growth for the upcoming holiday season, although the company has lowered its full-year sales outlook due to muted demand and a shorter holiday shopping period. Worldwide gross billings for the Dolls category dropped 14%, reflecting decreased demand post the