One of the biggest consumer hits of the pandemic, alongside Netflix and the Nintendo Switch, is a 61-year-old doll once mocked as outdated and sexist.
Long written off by many parents and kids and criticized for promoting an unrealistic body image Mattel Inc.âs Barbie generated its best sales growth in two decades in 2020. Years of planning and a bit of luck have turned the baby boomer of toys into a go-to item for millions of kids.
The result: Barbie and Mattel have turned a corner, with Wall Street projecting years of growth for the toymaker. And the companyâs shares are up more than 50 per cent in the past year.
Barbie s revival gets the attention of Wall Street
brisbanetimes.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from brisbanetimes.com.au Daily Mail and Mail on Sunday newspapers.
Barbie s revival gets the attention of Wall Street
smh.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from smh.com.au Daily Mail and Mail on Sunday newspapers.
Barbie s revival gets the attention of Wall Street
theage.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theage.com.au Daily Mail and Mail on Sunday newspapers.
Published: Dec 10, 2020 at 12:28PM Author Bio
Full-time host of the Motley Fool Money radio show, MarketFoolery podcast, and other things. Part-time connoisseur of movies, basketball & fine bourbon.
In this episode of
Motley Fool Money, Chris Hill chats with Motley Fool analysts Andy Cross and Ron Gross about the latest headlines and earnings reports from Wall Street. They also discuss the falling unemployment rate and market recovery. They ve got one of the biggest deals ever in the software industry to talk about, a company that doubled its EPS, and stay-at-home stock that is down. They also share some stocks to put on your radar and much more.