Mattel ( MAT 1.77% ) posted its second-quarter report on July 26. The toymaker's net sales fell 12% year over year to $1.09 billion but exceeded analysts' estimates by $82 million. Its adjusted earnings per share (EPS) dropped 44% to $0.10 but also beat the consensus forecast by $0.13. Those headline numbers cleared Wall Street's low bar, but the bulls and bears shrugged and Mattel's stock barely budged after its earnings release.