Description: Toyland is a treacherous place these days, and Mattel is the latest victim. Quarterly sales for the company plummeted 22%, and earnings missed forecasts.
Date: Feb 10, 2023
Questions for discussion:
- Is this a marketing, management or financial problem?
- What are the possible explanations for these financial results?
- How does Mattel compare to the industry as a whole?
- What would you advise the company do at this time?