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Mattel's revenue, profit miss estimates

Saturday, October 17, 2015 - 05:50

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NOT IN THE PINK: Mattel, which is in the middle of a turnaround plan, has been struggling to revive sales of Barbie, as young girls increasingly prefer interactive electronic toys and tablets.

London

MATTEL Inc reported quarterly revenue and profit that missed analysts' estimates as sales of Barbie dolls fell again and a strong dollar ate into revenue from overseas markets.

Shares of the company, which also reported weak sales in its Monster High business, fell as much

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