February 11, 2021 Sophia Vida
Company News

Strong Holiday Barbie Sales Help Toy Maker Mattel Beat Estimates

Toy maker Mattel Inc. reported its fourth quarter financial results and revealed that Barbie is the queen of all toys. Barbie sales had jumped 19% in the quarter, helping to create a 10% revenue increase for the company to $1.6 billion. Sales of Barbie did well at brick-and-mortar retail locations, up 30 percent. This quarter … Continue reading “Strong Holiday Barbie Sales Help Toy Maker Mattel Beat Estimates”