Mattel hit by sales decline

Mattel missed quarterly sales estimates on an unexpected decline at its Fisher-Price preschool toy unit and its shares fell 7%.

Mattel hit by sales decline
Sat, 16 Oct, 2010 - 01:00

Mattel has been trying to turn around Fisher-Price for several quarters, with its latest initiatives including the launch of Sing-A-Ma-Jigs.

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