Prices for Barbie dolls and Hot Wheels are expected to climb as tariffs imposed on goods produced in China take effect. Mattel Chief Financial Officer Anthony DiSilvestro issued a blunt warning ...
The cost might rise for Barbie dolls, Hot Wheels cars and other Mattel products due to the Trump administration's handling of ...
Mattel's quarter beat estimates and the stock rose as Hot Wheels and Action Figures offset a decline in Barbie sales.
Mattel executive says it may have to charge consumers more for its toys because of higher tariff costs on imports from China.
File Photo by Bill Greenblatt/UPI Feb. 5 (UPI) --The cost might rise for Barbie dolls, Hot Wheels cars and other Mattel products due to the Trump administration's handling of tariffs on goods ...
with its vehicle toy category — fueled by its Hot Wheels brand — its fastest-growing segment. Demand for dolls and baby gear fell, with the former "down primarily due to Barbie as we wrapped ...
Thus, the analyst is projecting a slight decline in first-quarter net sales of -0.6% (with Barbie down 7%, Hot Wheels up 2%, and Fisher-Price up 2%) and a 1.7% increase in FY25 net sales (Barbie ...