Mattel Falls as Tariff Uncertainty Delays Christmas Orders (2)

Mattel Inc. shares fell after the company reported third-quarter sales and earnings that missed analysts’ estimates as US retailers delayed orders due to uncertainty over President Donald Trump’s tariff policies.

The Barbie maker’s sales declined 6% to $1.74 billion in the quarter, below the $1.84 billion average forecast compiled by Bloomberg. Profit, excluding some items, was 89 cents per share, less than the $1.06 analysts were expecting.

The stock was down about 5% after the close of trading in New York.

The global toy industry sources the majority of its products from China, which has been a key target ...