Q4 boost for Mattel

Toy giant reports an 86 per cent rise in profit for period ending December 31st.
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For the quarter, Mattel reported net income of $328.4 million, or 89 cents per share, compared to last year’s fourth quarter net income of $176.4 million, or 49 cents per share.

For the year, the company reported net income of $528.7 million, or $1.45 per share, compared to last year’s net income of $379.6 million, or $1.04 per share.

To read the full story on sister site ToyNews Online, click here.

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