Hot Wheels & Action Figures Buoy Mattel Q4, Barbie Sales Decline; Toymaker Forecasts Include Impact Of Trump Tariffs
Mattel's quarter beat estimates and the stock rose as Hot Wheels and Action Figures offset a decline in Barbie sales.
Barbie maker warns Trump tariffs may drive up prices
Toy making giant Mattel says it may increase its prices in the US to make up for the impact of tariffs imposed by Donald Trump. It comes after the US President imposed 10% tariff on all imports from ...