Mattel said net income of $141 million dipped by $6 million on revenue that nosed up 2% to $1.65 billion, beating estimates for the quarter and offering a higher than expected full-year forecast that pushed the stock higher.

Some retailers are looking to pass on the cost of tariffs to their suppliers, but are also considering increasing prices to avoid lower profits.

The cost might rise for Barbie dolls, Hot Wheels cars and other Mattel products due to the Trump administration's handling of tariffs on goods produced in China, Mexico and Canada.