July 17, 2013 |
Barbie seems to be losing ground as the queen bee of doll-dom, as sales of the Mattel Inc. figurine slipped for the fourth straight quarter. Revenue from the fashion toy sank 12% in the second quarter, which ended June 30, the El Segundo-based company said Wednesday. During the same period, other girl brands such as Monster High surged up 23%, the company said. Mattel's American Girl line got a 14% boost. The Fisher-Price product category took a 3% hit, while Hot Wheels tumbled 1%. Overall, sales at the nation's largest toymaker were up 1% to $1.17 billion, though revenue from North America softened 2%. The company is doing heady business abroad, where a growing middle class helped sales swell 4%. Emerging-growth markets such as China, Russia and India “continue to prove to be fertile ground,” with revenue surging by double digits, Chief Executive Bryan G. Stockton said in a conference call with analysts.
October 16, 1992
Mattel Inc. reported a 20% increase in third-quarter profit Thursday, an indication of the $8-billion toy industry's continued health. The El Segundo-based toy maker earned $70.1 million, or 71 cents a share, in the quarter ended Sept. 30. The company also reported a net sales increase of 14% over the 1991 period, with revenue of $606 million, up from $532 million.
April 12, 2006 |
Mattel Inc. has signed a deal with Universal Studios to market and distribute DVDs based on two of the toy maker's doll lines, Barbie and Polly Pocket, the companies said. Financial terms were not disclosed. The multiyear deal gives Universal worldwide distribution rights for the movies. The company's previous distribution deal with Mattel was limited to Barbie DVD releases outside the U.S. Film studio Lionsgate handled domestic releases.