Barbie, Uno Push Mattel to Beat the Street on Sales and Earnings
Being stuck at home with nothing to do has apparently led families to return to old favorites for entertainment. Mattel (NASDAQ: MAT) reported second-quarter results Thursday that beat Wall Street estimates on the top and bottom lines as Barbie dolls and Uno playing cards saw strong demand.
With fall school reopenings still doubtful in many locations -- New York City, for example, may wait until there's a coronavirus vaccine before fully reopening -- the back half of Mattel's year could be robust, too.
Image source: Mattel.
Source Fool.com
