Thank Barbie. Mattel Raises Guidance as Earnings Beat Forecasts.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Doll sales grew 24% year over year in the latest quarter, the company said.

Mattel ‘s third-quarter earnings barreled past expectations and management raised its profit forecast for the fiscal year. Barbie helped.

Gross billings for dolls rose 24% in constant currency compared with the previous year, Mattel said, driven by growth in Barbie, Disney Princesses, and Monster High.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines