.....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 small-scale content production efforts.
"We believe Mattel's story is moving in the right direction, although multiple years of mismanagement and operational dysfunction takes time to unwind and reposition," she said. "We expect to see increased momentum in the second half of 2018, as indicated by progress in the capture of cost-saving initiatives and stabilizing the top line."