Mattel net off 53% after acquisition costs

TEL AVIV (MarketWatch)
Mattel Inc., El Segundo, Calif., toymaker, reported fiscal first-quarter net income fell 53% on 2.5% lower sales
For the quarter ended March 31, profit fell to $7.8 million, or 2 cents a share, from $16.6 million, or 5 cents, in the year-earlier period
The latest period's results include 4 cents a share of acquisition and integration costs
Revenue slipped to $928.4 million from $951.9 million
A survey of analysts by FactSet Research produced a consensus estimate for the quarter of profit of 7 cents a share on $986 million of revenue.