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Mattel Loses $45 Mil in Q1 2008
In a mirror image of Monday’s news about Hasbro earning $37.5 million in the first quarter of 2008, Mattel lost $45 million in the same time period. Recalls and falling Barbie sales are among the reasons for the decline, according to one news report.
Posted by W. Eric Martin on Apr 23, 2008 at 11:00 AM in News, Media Watch / 629
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