Mattel posts higher net for holiday quarter
The company, which recently gave its 50-year-old iconic product Barbie a facelift, said fourth-quarter net income rose to $328.4 million, or 89 cents a share, from $176.4 million, or 49 cents a share, a year earlier.
Net sales rose 1 percent to $1.96 billion.
(Reporting by Dhanya Skariachan; Editing by Lisa Von Ahn)