Feb 1- Mattel Inc missed Wall Street's profit and sales estimates for the fourth quarter on weak demand for Barbie dolls and movie-themed toys in the holiday season. The company, also home to Hot Wheels cars and Fisher-Price toys, said its net income had fallen to $306.5 million, or 87 cents a share, from $370.6 million, or $1.07 a share, a year earlier.
Feb 1- Mattel Inc missed Wall Street's profit and sales estimates for the fourth quarter on weak demand for Barbie dolls and movie-themed toys in the holiday season. The company, also home to Hot Wheels cars and Fisher-Price toys, said its net income had fallen to $306.5 million, or 87 cents a share, from $370.6 million, or $1.07 a share, a year earlier.
TOKYO, Jan 31- Japan's Nikkei share average is expected to open lower on Thursday with investors likely to book profits after the index rose sharply to end above 11,000 for the first time in 33 months in the previous session.
TOKYO, Jan 30- Nintendo Co Ltd, the world's leading gaming company by machines sold, said it will post an operating loss for a second straight year as the sales of its Wii U, successor to the 100- million selling Wii, faltered.
The shares of a number of toy companies fell Friday after Hasbro said demand was weaker than expected during the holidays and it announced plans to cut jobs. Hasbro, who brands include Monopoly and Nerf, said before the market opened that its fourth-quarter revenue would not meet market expectations because of weaker demand.
SAN FRANCISCO, Jan 13- When video game developer Brenda Brathwaite Romero started her career in the 1980 s, she could count the number of female developers in the industry on one hand.
LOS ANGELES, Jan 8- Walt Disney toys are sold around the world. The media giant is teaming up with toy company JAKKS Pacific and Patrick Soon-Shiong, Los Angeles' wealthiest person, on a new line of toys- with a nifty technological twist designed to link the goodies that kids lug home from the store with Disney's stable of well-known animated characters.
NEW YORK, Nov 20- Get ready to hear a lot about the Eagle Talon Castle, the LeapPad2 from LeapFrog and the reincarnation of Furby- all of which toy industry insiders predict will be hot sellers this year. Last year, toy sales exceeded $21 billion, dominated, of course, by the holiday season.
SAN FRANCISCO, Nov 15- GameStop Corp, the world's largest retailer of videogame products, reported a stronger-than-expected profit on Thursday but lowered its sales forecast for this year due to uncertainty around the holiday shopping season as the video game market struggles.