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Profit at Mattel increased in the second quarter, the US toymaker said on Tuesday. The company’s bottom line came in at $56.9 million, or $0.17 per share. This compares with $27.2 million, or $0.08 per share, in last year’s second quarter. Chairman and chief executive Ynon Kreiz said it was a good quarter for Mattel. “Mattel is well positioned for the second half, with new product innovation and increased retail support. We are in a strong financial position to execute our strategy to grow our IP-driven toy business and expand our entertainment offering,” Kreiz said. The company’s revenue for …

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