$MAT (MATTEL INC /DE/) — 8-K: MAT Q3 FY26: Adj EPS $1.30 Beats Street by $0.36 (+38.3%)

Mattel posted Q3 FY26 adjusted EPS of $1.30, a decisive beat versus the $0.94 consensus (+38.3%). Revenue came in at $1,807M, up 4.1% YoY, with FY2026 adjusted EPS guidance of $1.05-$1.20. The bottom-line beat was fueled by gross margin expansion of 480 bps to 55.0% adjusted, primarily driven by $88 million of tariff refunds received.

Mattel posted Q3 FY26 adjusted EPS of $1.30, a decisive beat versus the $0.94 consensus (+38.3%). Revenue came in at $1,807M, up 4.1% YoY, with FY2026 adjusted EPS guidance of $1.05-$1.20. The bottom-