Correction: Mattel CEO sees ‘strong’ growth for Hot Wheels in 2026

In a Bloomberg interview earlier, Mattel (MAT) CEO Ynon stated: “Another example is Mattel Brick Shop. This is our Hot Wheels-branded building sets that we launched last year, and it’s off to a very strong and promising start, growing at high double-digit, and it’s a proper hit for the company. We expect that to grow strongly in 2026 and in 2027, but this investment will allow us to inflect that even more and capture more value earlier.” This corrects a previous headline that incorrectly stated that Mattel sees double-digit growth for Hot Wheels in 2026.