Mattel's Fourth Quarter Profit Drops 46 Percent

EL SEGUNDO, CA - FEBRUARY 02: Mattel Inc. offices are seen February 2, 2009 in the Los Angeles area community of El Segundo, California. Fourth-quarter profits for the toy maker giant fell far below expectations following a disappointing holiday season as net profit fell from $328.5 million, or 89 cents a share, a year earlier to $176.4 million, or 49 cents a share. (Photo by David McNew/Getty Images)