Analysts predict Mattel Q3 sales rise

Monster High and Barbie dolls expected to perform well this Christmas season.
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Analysts reckon Mattel will post strong financial results for its Q3 period this week. 

They have said that sales are expected to rise, thanks to the continued success of Mattel's Barbie and Monster High dolls, reports Business Week.

"We expect a strong holiday for Mattel and note many of its toys appear on top toy lists," said Sterne Agee analyst Margaret Whitfield. 

"Earlier layaway at leading retailers has led shoppers to start the season early, which is positive for reorders."

Analysts expect earnings of 99 cents per share on revenue of $2.07 billion.

Mattel's new income rose 19 per cent during its fiscal Q2 period earlier this year.

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