Hot Wheels and Barbie dolls make Mattel's Christmas - Business - Evening Standard
       

Hot Wheels and Barbie dolls make Mattel's Christmas

Toy group Mattel today said strong demand for its Fashionista Barbie dolls and Hot Wheels car sets helped it to a bumper Christmas quarter.

The US group said sales of Barbie products rose 12 per cent and Hot Wheels items were up 16 per cent worldwide. Mattel added that it earned $328 million (£203 million), or 89 cents a share.

That compares with a profit of $176.4 million, or 49 cents a share, in the same period last year. Sales climbed one per cent to $1.96 billion.

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