Cost cutting helped toymaker Mattel effect one 80% bound in profits in theApril to June quarter gucci men high shoes, despite a drop in sales and a strongUS dollar.
despite the sales drip, greenback strength , cost cuts help Toy producerMattel April to June 15 min profit of 80%.
Cost mowing helped Sales of Mattel 's opener Barbie dolls were down 15%
Net profit was $ 21.5m (£ 13.3m) GucciJewelry, up from $ 11.8ma annual earlier. Revenue ( Revenue )fell by 19% apt $ 898.2m, down from $ 1.1bn.
The results at the enterprise, best known for its Barbie doll Mens Gucci hat for cheap, were much betterthan analysts had anticipated.
The results come at the end of a week in which a digit of important US companiesreported strong quarterly results.
do while sales actually stop falling? summer membrane releases.
He likewise said the strong US dollar affected worldwide sales.
Sales of Barbie dolls fell by 15% Cheap gucci pumps for women, while those ofHot Wheels, dissimilar of the company's best- known and maximum renowned toys,fell by 10%.
Despite the rise in profits gucci handbags for cheap, Mattel saidtrading conditions in the second half of the year would remain challenging.
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