Barbie is not in anymore

Source: Tanjug

Friday, 18.07.2014.

06:36

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American toy producer, Mattel generated net profit decrease of 61% in the second quarter this year.

Lower sales of Barbie dolls and Fisher Price toys affected Mattel’s business results.

In the second quarter, Mattel’s net profit totaled USD 28,3 mil USD while in the same period last year it totaled USD 73,2 mil, Belgium electronic media reported.

In the company announcement it was stated that increase is expected in the second half this year when demand for toys increases due to holidays.

Companies:

Mattel Inc. California

Tags:

Mattel

Barbie

sales of Barbie dolls

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