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Mattel Beats Wall Street's Earnings Estimate As Sales Snap Losing Streak
2016-02-02 02:36:27| Toys - Topix.net
Shares of Mattel Inc. surged in Monday's extended trade after the toy maker posted higher sales, snapping an eight-quarter losing streak. Mattel reported its fourth-quarter earnings rose to $215.2 million, or 63 cents a share, from $149.9 million, or 44 cents a share, in the same quarter last year.
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Category:Consumer Goods and Services