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Back to Home » April 2011 News » Mattel 1Q net income falls on higher spending |
Mattel 1Q net income falls on higher spending |
April 15, 2011
EL SEGUNDO, Calif. (AP) -- Sales of Barbie and other dolls helped Mattel's revenue rise 8 percent during the first quarter. But higher spending on advertising and other expenses outpaced sales growth and the largest U.S. toy maker's net income fell 33 percent....
Source URL: http://hosted.ap.org/dynamic/stories/U/US_EARNS_MATTEL?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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