{"id":26157,"date":"2023-10-26T10:04:17","date_gmt":"2023-10-26T14:04:17","guid":{"rendered":"https:\/\/dev2.worldscreen.com\/tvkids\/mattel-sees-q3-revenue-boost\/"},"modified":"2023-10-26T10:45:04","modified_gmt":"2023-10-26T14:45:04","slug":"mattel-sees-q3-revenue-boost","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tvkids\/mattel-sees-q3-revenue-boost\/","title":{"rendered":"Mattel Sees Q3 Revenue Boost"},"content":{"rendered":"<p>Boosted by the global success of the <em>Barbie<\/em> theatrical, Mattel saw its third-quarter revenues rise by 9 percent to $1.9 billion.<\/p>\n<p class=\"p1\">\u201cMattel\u2019s strong third-quarter performance reflects the successful execution of our strategy to grow Mattel\u2019s IP-driven toy business and expand our entertainment offering,&#8221; said Ynon Kreiz, chairman and CEO. &#8220;Consumer demand for our product increased in the quarter, and we continued to outpace the industry. Our results benefited from the success of the <em>Barbie<\/em> movie, which became a global cultural phenomenon, and marked a key milestone for Mattel.\u201d<\/p>\n<p>The company saw gains in its dolls business,\u00a0including Barbie, Disney Princess and Disney Frozen and vehicles (namely Hot Wheels) but did report declines in action figures, building sets, games and preschool.<\/p>\n<p>Net profit at the company declined from $289.9 million to $146.3 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boosted by the global success of the Barbie theatrical, Mattel saw its third-quarter revenues rise by 9 percent to $1.9 billion.<\/p>\n","protected":false},"author":290,"featured_media":26158,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":0,"footnotes":""},"categories":[21],"tags":[1149,271,2725],"class_list":["post-26157","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-top-stories","tag-barbie","tag-mattel","tag-ynon-kreiz","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Mattel Sees Q3 Revenue Boost - TVKIDS<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/worldscreen.com\/tvkids\/mattel-sees-q3-revenue-boost\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mattel Sees Q3 Revenue Boost - TVKIDS\" \/>\n<meta property=\"og:description\" content=\"Boosted by the global success of the Barbie theatrical, Mattel saw its third-quarter revenues rise by 9 percent to $1.9 billion.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/worldscreen.com\/tvkids\/mattel-sees-q3-revenue-boost\/\" \/>\n<meta property=\"og:site_name\" content=\"TVKIDS\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-26T14:04:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-26T14:45:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/worldscreen.com\/tvkids\/wp-content\/uploads\/sites\/9\/2015\/09\/Ynon_Kreiz_Mattel-0421.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1\" \/>\n\t<meta property=\"og:image:height\" content=\"1\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mansha Daswani\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mansha Daswani\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/worldscreen.com\/tvkids\/mattel-sees-q3-revenue-boost\/\",\"url\":\"https:\/\/worldscreen.com\/tvkids\/mattel-sees-q3-revenue-boost\/\",\"name\":\"Mattel Sees Q3 Revenue Boost - TVKIDS\",\"isPartOf\":{\"@id\":\"https:\/\/worldscreen.com\/tvkids\/#website\"},\"datePublished\":\"2023-10-26T14:04:17+00:00\",\"dateModified\":\"2023-10-26T14:45:04+00:00\",\"author\":{\"@id\":\"https:\/\/worldscreen.com\/tvkids\/#\/schema\/person\/83da304c8bad8bfdb3edd7eb47cfe5ad\"},\"breadcrumb\":{\"@id\":\"https:\/\/worldscreen.com\/tvkids\/mattel-sees-q3-revenue-boost\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/worldscreen.com\/tvkids\/mattel-sees-q3-revenue-boost\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/worldscreen.com\/tvkids\/mattel-sees-q3-revenue-boost\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/worldscreen.com\/tvkids\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Mattel Sees Q3 Revenue Boost\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/worldscreen.com\/tvkids\/#website\",\"url\":\"https:\/\/worldscreen.com\/tvkids\/\",\"name\":\"TVKIDS\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/worldscreen.com\/tvkids\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/worldscreen.com\/tvkids\/#\/schema\/person\/83da304c8bad8bfdb3edd7eb47cfe5ad\",\"name\":\"Mansha Daswani\",\"description\":\"Mansha Daswani is the editor-in-chief and associate publisher of World Screen. 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