Guessing below average performance with lots of money spent on marketing and advertising. Otherwise known as small penis compensation.
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It is what it is, upper mismanagement could/will care lessees long as they are lining their wallets which they will continue to do. No problem, won cares? Headwinds will continue as it's off with their heads. Working seamstresses lose their salaries so I can keep mine. Hey, they should have to to college like I did.
Hello Poster who goes by Thoughts.
Let me translate what the Big Man said:
"I was retired and fell into a situation where, no matter what I do, I'm pulling more than a cool Million a year. This should last at least 2 years before it is evident that I don't have the solution. If there is a coup after that I'll pull that same cool Million for another year while I sit around the house. So FU you peons, it's good to be king."
This marks 4 years of Barbie sales declining - what bigger sign do you need to show the top leadership on that brand (Evelyn, Kim) the door? they clearly don't know what the hell they are doing - yet at Mattel they've been allowed to fail for 4 years?
Revenue dropped by 11% to $1.79 billion, compared with $2.02 billion for the third quarter of 2014, as sales fell across all brands, including Barbie, Fisher-Price and American Girl.
Thoughts on what was discussed on the conference call? Will Q4 be much better than Q4 as shipments align with sales? Someone, please explain in English - Is MAT going to sell more Barbie dolls or fewer? Is FP really growing? Does Mega even matter? I have difficulty understanding Sinclair ... maybe it is because I can't focus after he starts the call declaring, in his thrilling and uplifting style, how he has re-energized and drastically transformed the company.
Down 11% overall y/y, Barbie 14%, other Girl's (Monster High and Disney Princess, etc) 28%!!!
Somebody should be getting fired. Not someone in maintenance.
They're announcing Q3 results after the market closes? What kind of BS is that?
I seriously doubt they'll be slitting throats today. Possibly tomorrow or the next week. Glad I stayed home today. Haven't even bothered to look at the dismal results online. screw it.
Which one?
I just want to see one director (or up)terminated
Don't worry. Many employees below the Director Level will be terminated. Shedding their salaries should help the bottom line.