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The collaboration between Mattel, Inc. and 7-Eleven brings back the thrill of play with the first-ever branded Hot Wheels ®  die-cast car IRVING, Texas , July 31, 2025 /PRNewswire/ -- 7-Eleven, Inc. is flashing back to the glory days of die-cast dreams for an epic collaboration with Mattel, Inc. (NASDAQ: MAT). The new 7-Eleven x Hot Wheels ® collection features a lineup of collectibles built for car fanatics and skateboard lovers alike, including the first-ever branded Hot Wheels die-cast car – a Silver Series™ Toyota Supra decked out in 7-Eleven branding.

The prices of many of Americans' common purchases are rising, with tariffs lifting the cost of items from shoes to toys and beyond.

Mattel (MAT 1.32%), the global toy maker behind brands like Barbie, Hot Wheels, and Fisher-Price, reported its second quarter 2025 earnings on July 23, 2025. The company's latest results reflected mixed performance: GAAP net sales fell short of analyst expectations.

MAT beats Q2 EPS estimates as gross margin gains and global strength help offset U.S. sales slide and brand softness.

Sales of traditional toys by the country's two largest toy manufacturers, Hasbro and Mattel, fell during the second quarter, due to delayed ordering by retailers worried about possible price increases, the companies said in releasing their earnings reports Wednesday.

Mattel is having a hard time selling its Barbie dolls. The toy company saw its dolls category sales drop 19% in the latest quarter.

Mattel, Inc. (NASDAQ:MAT ) Q2 2025 Earnings Conference Call July 23, 2025 5:00 PM ET Company Participants Jennifer Kettnich - Corporate Participant Paul Ruh - Chief Financial Officer Ynon Kreiz - Executive Chairman & CEO Conference Call Participants Alexander Thomas Perry - BofA Securities, Research Division Arpine Kocharyan - UBS Investment Bank, Research Division Christopher Michael Horvers - JPMorgan Chase & Co, Research Division Eric Owen Handler - ROTH Capital Partners, LLC, Research Division James Lloyd Hardiman - Citigroup Inc. Exchange Research Kylie Nicole Cohu - Jefferies LLC, Research Division Megan Christine Alexander - Morgan Stanley, Research Division Stephen Neild Laszczyk - Goldman Sachs Group, Inc., Research Division Operator Thank you for standing by. My name is Kate, and I will be your conference operator today.

An uncertain trade environment impacted Mattel's sales in the U.S. in the second quarter, executives said Wednesday (July 23). The toy and family entertainment company saw a 16% year-over-year drop in sales in North America, partially offset by a 7% increase in its international business, according to a Wednesday earnings release.

Mattel (MAT) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.19 per share a year ago.

Toy company Mattel Inc MAT reported second-quarter financial results after market close Wednesday.