Barbie will contribute more than $125 million in gross billings to Mattel this year, the toymaker’s CFO said today in a shout-out to the “nice contribution” from the blockbuster film as it closes in on $1.4 billion worldwide. Chief financial officer Anthony DiSilvestro, speaking alongside CEO Ynon Kreiz at a Goldman Sachs media conference, said
Polly Pocket
Mattel, owner of brand like Barbie, Polly Pocket and He-Man and increasingly a supplier of film and TV properties, posted vastly improved second-quarter results that beat Wall Street expectations. Total revenue of $1.03 billion shot up 40% from the year-ago period and far outpaced analysts’ forecast. Net losses of 2 cents a share narrowed considerably