Publication: Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)
Publication Date: 20-APR-01
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Apr. 20--No. 1 toy company Mattel reported losses of $34 million yesterday, citing flat Barbie sales in the U.S. and weakness in licensed-character brands.
But revenues for the first quarter rose nearly 6 percent to $731 million, in line with expectations.
"Toy companies never make money...
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