Mattel Earnings Fall on Stronger US Dollar, Declining Barbie Sales – Wall Street Journal

Mattel Inc.’s third-quarter earnings fell 33% as the toy maker booked its eighth straight quarter of falling sales, including another big drop for its iconic Barbie doll.

The results were dragged down by a stronger U.S. dollar, but also reflect ongoing struggles at the world’s largest toy maker by sales that is in the midst of a turnaround after two years of poor results and a culture that focused more on the bottom line than…