Mattel takes small sales hit in Q3

In a quarter marred by massive recalls, toy giant Mattel has posted only a slight decrease in revenue, reporting a take of US$236.8 million in Q3 2007, down just US$2.2 million from the same period last year. Global net sales were up 3% to US$1.84 billion, while gross sales were down by 2% in the US and up 10% in international markets.
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October 15, 2007

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About The Author
Gary Rusak is a freelance writer based in Toronto. He has covered the kids entertainment industry for the last decade with a special interest in licensing, retail and consumer products. You can reach him at garyrusak@gmail.com
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