Thread regarding Mattel Inc. layoffs

RESET OUR ECONOMIC MODEL...?

Pardon me, I had to pick myself off the floor after reading MGOs prefabricated statement to Wall Street. Laughed so hard, I fell off my chair. Wow! She must think we are all delusional and buy into that load of cr$p. Nothing but word vomit. Where does the "clean slate" magically appear from?

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| 1378 views | | 1 reply (February 2, 2018) | Reply
Post ID: @OP+Rw5Hkns

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Don't even need to read the words--just look at the numbers. Q4 and the full year -- sales down double-digits, margins down (a full 10 percentage point decline from the year before -- WTH!), SG&A up ... this leads to bottom line profit way, way, way down. Mattel is now an unprofitable company the full year 2017!

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Post ID: @1ndw+Rw5Hkns

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