shares jumped on Thursday, October 22, after the toymaker reported that its quarterly profit more than tripled with help from its iconic Barbie dolls.
"We saw a major upswing in topline and a significant increase in profitability as we continued to make meaningful progress towards becoming an [intellectual property]-driven, high-performing toy company."Mattel shares were up nearly 8% in after-market trades that followed release of the earnings report.
"We had an outstanding quarter with results exceeding our expectations," said Mattel chief financial officer Anthony DiSilvestro.
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