Mattel Inc

MAT: XNAS (USA)
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Mattel Earnings: Future Growth Set to Stem From Current Investments; Shares Attractive

Mattel's second-quarter results included sales growth of 10%, to $1.125 billion, aided by global gross billings growth of 14% in vehicles and 35% in challenger segments. The adjusted operating margin contracted 600 basis points, to 3.4%, as spending on marketing and investments crimped profits.

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