{"id":12706,"date":"2017-07-28T10:26:27","date_gmt":"2017-07-28T14:26:27","guid":{"rendered":"http:\/\/worldscreen.com\/tvkids\/mattels-worldwide-net-sales-up-2-percent-in-q2\/"},"modified":"2017-07-28T11:52:54","modified_gmt":"2017-07-28T15:52:54","slug":"mattels-global-net-sales-up-2-percent-in-q2","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tvkids\/mattels-global-net-sales-up-2-percent-in-q2\/","title":{"rendered":"Mattel&#8217;s Global Net Sales Up 2 Percent in Q2"},"content":{"rendered":"<p>In the second quarter, worldwide net sales at Mattel increased 2 percent and gross sales rose\u00a01 percent, with consumer takeaway for the popular brands Barbie, Hot Wheels and Fisher-Price continuing to be strong for the company.<\/p>\n<p>In the international arena, net sales climbed by\u00a08 percent and gross sales were up 6 percent. This was offset by a lower performance in North America, where net sales decreased 3 percent and gross sales were down 2 percent. Operating loss was $48.7 million, compared to the prior year&#8217;s Q2\u00a0operating loss of $11.7 million. Adjusted operating loss was $40.1 million, compared to $6.2 million in the second quarter of 2016.<\/p>\n<p>&#8220;Our key power brands\u2014Barbie, Hot Wheels and Fisher-Price\u2014continued to show strength at retail in the second quarter,&#8221; said Margo Georgiadis, the CEO of Mattel. &#8220;In addition, we are moving quickly to activate the strategy that we outlined in June to future-proof Mattel and deliver enhanced, sustainable growth over the medium-term.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the second quarter, worldwide net sales at Mattel increased 2 percent and gross sales rose 1 percent, with consumer takeaway for the popular brands Barbie, Hot Wheels and Fisher-Price continuing to be strong for the company.<\/p>\n","protected":false},"author":479,"featured_media":12707,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":0,"footnotes":""},"categories":[21],"tags":[2237,271],"class_list":["post-12706","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-top-stories","tag-margo-georgiadis","tag-mattel","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - 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