Mattel, Inc. (MAT) Q3 2025 Earnings Call

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WEBVTT 00:00:00.250 -- 00:00:02.333 Ladies and gentlemen, thank you for standing by. 00:00:02.333 -- 00:00:05.497 My name is Abby and I'll be your conference operator today. 00:00:05.497 -- 00:00:10.343 At this time, I would like to welcome everyone to the Mattel Incorporated third quarter 00:00:10.343 -- 00:00:15.450 2025 earnings conference call. All lines have been placed on mute to 00:00:15.450 -- 00:00:20.056 prevent any background noise. After the speaker's remarks, there will be a question and 00:00:20.056 -- 00:00:24.942 answer session. If you would like to ask a question during that time, simply press star 00:00:24.942 -- 00:00:27.976 followed by the number one on your telephone keypad. 00:00:27.976 -- 00:00:32.782 If you would like to withdraw your question, press star 1 a second time. 00:00:32.782 -- 00:00:38.029 Thank you. And I would now like to turn the conference over to Jen Ketnik, Head of Investor 00:00:38.029 -- 00:00:41.113 Relations. You may begin. 00:00:41.113 -- 00:00:43.777 Thank you, Operator, and good afternoon, everyone. 00:00:43.777 -- 00:00:49.004 Joining me today are Inan Kraiz, Mattel's Chairman and Chief Executive Officer, 00:00:49.004 -- 00:00:52.609 and Paul Roux, Mattel's Chief Financial Officer. 00:00:52.609 -- 00:00:58.081 This afternoon, we reported Mattel's third quarter 2025 financial results. 00:00:58.081 -- 00:01:03.388 We will begin today's call with Inan and Paul providing commentary on our results, 00:01:03.388 -- 00:01:06.612 after which we will provide some time for questions. 00:01:06.612 -- 00:01:10.657 Please note that during the question and answer session, we respectfully ask that you 00:01:10.657 -- 00:01:15.784 limit to one question and one follow-up so that we can get to as many analysts and questions 00:01:15.784...