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Toy maker Mattel Inc. on Wednesday documented greater-than-anticipated 1st-quarter success and held to its complete-calendar year outlook — inspite of weaker desire for motion figures, game titles and Barbie dolls.
The success arrived in advance of the launch of the “Barbie” motion picture, set to hit theaters in July. Executives for Mattel MAT mentioned that suppliers, who have acquired less toys as they consider to thoroughly clean out their have stockpiles of undesirable items, should really have these inventories sorted out by the conclude of 1st fifty percent of the year.
Mattel…
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