Mattel reports record 47% rise in Barbie doll sales

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Mattel reports record 47% rise in Barbie doll sales

Barbie dolls are displayed in a showroom of a Mattel office in Hong Kong onREUTERS Bobby Yip :On Thursday, MattelMattel Inc reported a record 47% increase in quarterly sales as Americans The U.S. consumer confidence has gotten a shot in the arm as vaccination drivesMore.Ynon Kreiz told Reuters that the company would increase its half-year revenueToys continued to prove their importance to parents as to where they want to spend their disposableWe see a strong start to the second quarter, including the Easter week, and we'According to IBES data from Refinitiviv, CaCalifornia-based Mattel has been benefitCoronavirus lockdowns and store closings had only impacted the year-ago quarterThe overall gross billings at Hot Wheels, Mattel's biggest brand, rose 8The company's net loss narrowed to $115.2 million or 61 cents

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