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Barbie And He-Man Parent Mattel Soars Above Wall Street Q2 Estimates

Barbie And He-Man Parent Mattel Soars Above Wall Street Q2 Estimates

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Mattel, owner of brand like Barbie, Polly Pocket and He-Man and increasingly a supplier of film and TV properties, posted vastly improved second-quarter results that beat Wall Street expectations. Total revenue of $1.03 billion shot up 40% from the year-ago period and far outpaced analysts’ forecast. Net losses of 2 cents a share narrowed considerably…

...read full article on Deadline

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