Mattel posts net loss as less Barbies sell

Posted online April 17, 2014 | 6:28 am

Mattel Inc. swung to a first-quarter loss as the toy maker recorded a slip in sales, weighed down by its Barbie brand.

The company posted a net loss of $11.2 million during the quarter, compared to a profit of $38.5 million a year earlier, according to Marketwatch.

Overall, sales fell 5 percent to $946.2 million. Barbie sales slipped 14 percent.

Read more from Marketwatch.

Comments

No comments on this story |

Please log in to add your comment

Republic School District opens activities center

Editors' Pick

Fall 2026 Architects & Engineers Project Report

This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.

Most Read