American toymaker Mattel on Thursday announced better-than-expected first-quarter results — despite the bankruptcy of major retailer Toys “R” Us. Although revenue fell 3.7 percent to $708 million compared with the same period a year earlier, the figure beat analyst forecasts and was boosted by a 23.7 percent rise in the firm’s flagship Barbie dolls. Barbie...
The post Barbie helps Mattel revenue despite Toys ‘R’ Us exit appeared first on Samaa TV.
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April 27, 2018 at 01:22PM
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