Citing uncertainty about the economy and tariffs, Mattel also paused its financial guidance for the full year and said it expects tariffs to affect costs in the third quarter.

Mattel, the U.S. toy company, said it would increase prices of some U.S. toys, citing levies on Chinese imports.

Mattel says the uncertainty about tariffs and consumer demand makes it difficult to forecast its sales and earnings for the rest of the year.