Mattel CEO Said 'Barbie-related Toys, Products Releases To Date Have Sold Out Across Major Distribution Channels, Will Be Expanding The Range In H2; CFO Said Barbie POS Continued To Be Impacted By Shift Of Promotions To Line With Release Of The Movie
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Mattel's CEO announced that Barbie-related toys and products have sold out across major distribution channels and plans to expand the range in H2. The CFO noted that Barbie's point of sale was impacted by the shift of promotions to align with the release of the movie.
July 26, 2023 | 9:27 pm
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Mattel's Barbie-related products have sold out, indicating strong demand. The company plans to expand the range in H2, potentially boosting revenues. However, Barbie's point of sale was impacted by the shift of promotions, which could affect short-term sales.
The sell-out of Barbie-related products indicates strong demand, which is positive for Mattel's revenues. The planned expansion in H2 could further boost sales. However, the shift in promotions could have a short-term negative impact on Barbie's point of sale, potentially affecting sales. Despite this, the overall impact is likely to be positive given the strong demand and expansion plans.
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