Mattel Inc.'s second-quarter net income more than doubled, boosted by sales of Barbie and toys tied into the Pixar smash "Toy Story 3," the toymaker said Friday.
The maker of Barbie and Hot Wheels says net income rose to $51.6 million, or 14 cents per share, from $21.5 million, or 6 cents per share last year. That just missed analyst expectations for net income of 15 cents per share, according to a poll by Thomson Reuters.
Mattel's revenue rose 13 percent to $1.02 billion, matching analyst expectations. A year ago revenue was $898.2 million.
CEO Robert A. Eckert said sales of Barbie and Hot Wheels were strong and said toys tied into …
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