economy

February 22, 2026

As American Girl turns 40, Mattel grapples with bringing dolls into a new era

American Girl marks its 40th anniversary after five quarters of sales growth, but revenue remains far below its peak as Mattel faces industry pressures.

As American Girl turns 40, Mattel grapples with bringing dolls into a new era

TL;DR

  • American Girl is celebrating its 40th anniversary.
  • The brand has experienced sales growth for the past five quarters.
  • Revenue is still substantially lower than its peak performance.
  • Mattel, the parent company, is facing industry-wide pressures.

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