Mattel Inc. reported sales grew 19% to more than $1 billion in the latest period on strong demand for toys and improvements in its supply chain.

But the toy maker declined to comment on a Wall Street Journal report Tuesday that it had discussed a possible sale with private-equity firms, including Apollo Global Management Inc. and L Catterton.

This post first appeared on wsj.com

You May Also Like

Tropical Storm Mindy forms off Florida panhandle

Not long after Tropical Storm Mindy formed off the Florida panhandle Wednesday,…

Georgia residents can now claim embryos as dependents on state taxes

Georgia residents can now claim embryos as dependents on their state taxes,…

‘We have a deal’: Biden announces bipartisan infrastructure agreement

WASHINGTON — President Joe Biden on Thursday announced a deal on a…

Biden, Beware: The Nationalist Moment Hasn’t Passed

Donald Trump’s election in 2016 was widely seen as a rebuke of…