Mattel marks record quarterly sales jump, to raise annual outlook

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By Olachi in Business
Updated 3 years ago

Mattel Inc (MAT.O) reported a record 47% rise in quarterly sales on Thursday as Americans armed with stimulus checks snapped up Barbie dolls and Hot Wheels cars in the usually slow post-holiday months. U.S. consumer confidence has got a shot in the arm as vaccination drives gather speed and the...

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