Mattel records strong Q3 results

By Agence France-Presse

Oct 27, 2023 12:12 am

NEW YORK CITY: American toy maker Mattel revised its annual earnings forecast after its third-quarter (Q3) results beat analysts' expectations, riding on the success of the 'Barbie' blockbuster.

'Consumer demand for our product increased in the quarter, and we continued to outpace the industry,' Mattel Chief Executive Officer Ynon Kreiz said in a press release.

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