NEW YORK • Vampy teen Monster High dolls are taking a bite out of squeaky-clean Barbie.
Mattel said Wednesday its second-quarter net income fell 24 percent, hurt by a continued slide in Barbie sales and a $14 million write-down on the toy maker’s Polly Pocket line.
Its shares dropped more than 6 percent in midmorning trading.
It was the fourth straight quarter of sales declines for Barbie, one of Mattel’s biggest and most iconic brands, and Mattel executives said their Monster High and other gir...
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