Mattel (MAT)

Mattel Inc.'s (MAT) today reported third-quarter earnings fell 3.5% amid weak international Barbie sales, a lack of entertainment-inspired toys and unfavorable foreign-exchange rates. Sales slid 8%.
But the world's largest toy maker has cut inventories and tightly managed its balance sheet, offering hope that it will benefit in the fourth quarter as retailers continue to stock their own shelves for the holidays.

Oct 16 · 10:49:00 AM · Source: Dow Jones
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by Larry Etter