Mattel reported earnings and revenue that came in higher than Wall Street’s expectations.
Mattel reported earnings and revenue that came in higher than Wall Street's expectations.on Wednesday said Barbie sales jumped 16% in the third quarter, riding the wave of the blockbuster movie. The film, released in July, is largely responsible for the bump, Mattel said.
The company said during its earnings call Wednesday that it expects strong profit growth during the holiday quarter, despite a volatile retail environment.
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'Barbie' Lifts Mattel Q3 Results, But Shares Slide In After-Hours TradingMattel beat Wall Street expectations in the third quarter for revenue and adjusted earnings per share, thanks in large part due to the successful release of Barbie in July. Revenue in the period en…
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