Mattel (MAT) Chairman & CEO On Earnings

<p>The chairman and CEO of Mattel: MAT, Ynon Kreiz, weighs in on 1Q earnings of -$0.33 in EPS and $874.2M in revenue. The report indicated highest quarterly sales growth in more than 25 years, especially with Barbie sales driving a 47% increase. The company expects net sales for the year to increase by 6 to 8%.</p>