EARNINGS LIFT: Mattel's third-quarter net income rose 16 percent, buoyed for demand for dolls like Monster High, Barbie and American Girl as well as strength domestically and abroad. Revenue rose 6 percent to $2.21 billion.
BIG PICTURE: The quarterly results come as toy makers gear up for the holiday season, which can account for up to half of their annual revenue.
TOP TOYS: Barbie, the No. 1 doll brand, ended four straight quarters of sales decline and increased 3 percent during the quarter. Dolls in general continued to be a strong category, with sales of Monster High and American Girl also rising.
- Consumer Discretionary
- Company Earnings