For those who were cheering the downfall of Toys "R" Us: The liquidation of Toys “R” Us Inc. has sent the toy industry reeling, leaving Mattel Inc., MAT -2.54% Hasbro Inc. HAS -1.23% and other manufacturers without a large chain devoted to selling... — read more
Please stop using “Nimble” “disruptive”
Mattel execs have beaten the words nimble & disruptive to death. Large corporations aren’t capable of being nimble. Focus should be on efficiency not buzz words.
Hiring Back?
Let's see. Mattel has been in the crapper for nearly four years. About when RD came on board. Coincidence? Nah. Stock was over $40. Since then, it's been wave after wave of layoffs. Good people were let go in desperation. Lots of experience just... — read more
TRU update
They are filing the motion for Chapter 7 tomorrow. All US stores will be up for liquidation UNLESS the Canadian buyers are interested in saving a select number of stores. There will be letters sent out that will discuss the closure. Also sounds like... — read more
How about TX or any of the DC's
Did they lay off anyone at the DC's or TX?
10 to 15 percent of all toy sales gone if TRU liquidates
For those who believe that focusing more online will be enough, get your head out of sand. Part of the sales will move for sure, but it is already evident that a big chunk will be erased. This will be huge for all toy manufacturer, including Mattel... — read more
Toys not bankrupt, Liquidating.
Game over. Every US store gone. And anyone here who thinks that's no big deal is a complete moron. This will be catastrophic for us.
Toys R Us
What happens now? Is anyone surprised by this? Can we avoid bankruptcy ourselves?
DEAR MATTEL,
Do you even know how to toy?
Man you've lost your laugh and so lost your footing.
The place is held together with old pvc tubing. It was a great idea fifteen years ago, but its time to gut the place and install more competent toy minded copper tubing. Because let's be real, you guys aren't worth or will ever be gold. For a place... — read more
A Radical Proposal
How about this: a new CEO with LOTS of TOY INDUSTRY EXPERIENCE instead of one with ZERO TOY INDUSTRY EXPERIENCE? Fire everyone else from the BoD down to VP level. Combine all those salaries into one fund. Spend HALF that total to hire Hasbro's CEO to... — read more
Now this gal gets it......
.....for all you gloom & doomers out there. Still, not everyone is pessimistic about Mattel. Morningstar Inc.'s Jaime Katz wrote in a note last week that Mattel is well on its way to cost reduction, as it's cleaned up inventory and initiated... — read more
Let’s start firing Finance SVPs?
JoeE, we have an SVP of FP&A that for the last 2/3 years has had huge misses in forecasts done two months prior to the close, an SVP of GDPS Finance that has allowed Capex to double in 6 years of flat sales, an SVP of Treasury that has allowed debt... — read more
You know how we got here
MGO doesn't understand that COST CUTTING is one of the biggest drivers for getting us into the state we are in. We cost reduced our best and brightest designers out of the company and replaced them with less expensive millennials with no expertise... — read more
JC is gone and nobody cares....
So why hasn't anyone predicted or wished that JC would get the boot? Who's surprised? Who knew and just didn't care?
MATTEL THE NEXT BLOCKBUSTER VIDEO
This company still has electricity and running water? No child plays with any of the plastic garbage you put on the shelves. So desperate you're scraping the bottom of a septic tank, literally. A p--p game? An obese Barbie who can't wear any of the... — read more
UK Bankruptcy of Toys R Us next week...
The dam is bursting and I'd be surprised if they make it to 2019 without at least a MAJOR haircut in number of stores, with the real possibility of complete collapse... — read more
Free reign @ Mattel......
If you’re s-xually harassed at Mattel don’t post it here. They now keep taking down any mention of it. Bash M-Go, RD, and the rest of their cronies all you want. EVERYONE knows who you’re talking about when you’re posting about them here, so it can’t... — read more
Just as Toy Fair ends
Our stock once again is taking the plummet to failure. RD and is empowering press jaunt did as much as he does: nothing. M-Go needs to go and hopefully in the next week we'll get the usual re-org and layoffs.
Toys R Us may not emerge from Bankruptcy
This is looking very bad indeed. https://www.cnbc.com/2018/02/21/toys-r-us-is-in-danger-of-breaching-a-covenant-with-its-lenders.html
Flushing Frenzy. Is this a game or out stock?
Makes you proud working for a company putting out crap.
can someone explain what a “solutions architect” is?
and what solution has any of these mickey mouse titles come up with?
toy of the year farce.
Mattel® Wins Toy Of The Year Award For The Hot Wheels® Super Ultimate Garage In The Playset Of The Year Category should read as: Mattel® BUYS Toy Of The Year Award For The Hot Wheels® Super Ultimate Garage In The Playset Of The Year Category to try... — read more
When will Sid get axed?
It’s time this colossal failure gets bounced.
Toy Fair
M-Go, you've had a year, we're expecting to see big connected things in New York. Whatcha got? Thingmaker 2? Aristotle 2? Hologram Barbie 2? Relauches of He-Man & She-ra? Was Toy Box nimble enough to come up with a Tide Pod toy in time? Don't miss... — read more
RD, please explain?
It is ludicrous, that the person at the top is not being held accountable for leading us into this mess! To say that we are all in this together, suggests that the blame for our demise be equally shared. And that is the message we get from RD. Yet RD... — read more
Did you see Hasbro 2017 results?!?
Not too bad despite softening in Q4. Looks like we’re not #1 anymore. Now what?!
Massive Losses = Massive Layoffs
Time to pack my bags... This is stupid...
Why will revenue stop going down in 2018
Please tell me what chance we have to stop losing share. MGo seems super optimistic but where exactly is the change of trend? Polly Pocket? Come on.
Just Embarrassing
Listened to MGO and Joe. Trying to put a good spin on dog squat. "We will let you know more at Toy Fair." Is that code for, "We have no clue and can't think of an excuse that you will all buy. So we need more time to string together some... — read more
Can someone explain?
Could someone who has better insights into the inner workings of Mattel's finances please explain what's going on? In fourth quarter we had a negative net income of -$280,000,000, third quarter -$600,000,000, down 350% from a year before. Second was... — read more
RESET OUR ECONOMIC MODEL...?
Pardon me, I had to pick myself off the floor after reading MGOs prefabricated statement to Wall Street. Laughed so hard, I fell off my chair. Wow! She must think we are all delusional and buy into that load of cr$p. Nothing but word vomit. Where... — read more
RD getting the boot? JE to replace?
RD did not do the investor call because he's playing with toys in Nuremburg. JE is on the call in his place. Coincidence?
Q4 Results Feb 1
On Throwback Thursday Mattel announces Q4 and 2017 results! After market closes, natch! Headwinds? Challenges? Blame TRU and Korea? Constant currency? Future proofing? Hasbro rebuff? Broadly met expectations? Place your bets and don't forget to bring... — read more
Best Jobs in America!
Nailbiter! Did Mattel make the list? https://www.glassdoor.com/blog/companies-hiring-best-jobs-in-america/
Help ne understand...
Read in press that M-Go just turned down a $20 per share offer from hasbro. Please help me understand the logic. I’m not trying to be critical but just don’t get it at this point. Mattel was aming 10 worst performing stocks of last year and is in... — read more
Simon Says: Millennials, Two Steps Back
Everyone's right. Millennials ARE the future yet they ARE the problem (through no fault of their own) for Mattel, every other company, and the USA in general. Fix us quick, M-Go & Donald! https://www.youtube.com/watch?v=As8XkJNaHbs
Change of topic
Just saw this docu on Netflix, it is great: The Toys That Made Us m.imdb.com/title/tt7053920/ 1 Season|Docuseries The minds behind history's most iconic toy franchises discuss the rise – and sometimes fall – of their billion-dollar creations. IMDb... — read more