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 your Buzzword Bingo card and crying towel!
No worries, our stock only dropped a dollar fifty in after-hours trading after this train wreck of an earnings call. Can't wait for Friday! You got this, M-Go!
Dear “I am feeling positive “ poster below. The five pillars idea has not paid any dividend yet financially or culturally. The five pillar model is a rehash of previous CEO jargon. You need to be asking Executives for coherent answers not business school cliches. Cliches and Fluffy Public Relations do not drive profits and have not. So look more critically for answers the mess that is Mattel. Current executives told employees that the company was positioned nicely for 2017, With today’s results, obviously not true. They lied!!
Clueless group with no credibility. Not agreeing to Hasbro a big mistake.
I'm super excited! MGo is doing great and has this really neat 5-pillars idea. It's gonna be really sweet!
I too am feeling positive, I just knew all the big changes MGO and her leadership team have implemented over the past 12 months would finally pay of, and while of course things could have gone better, I'm optimistic and look forward to additional success building on 2017 into the new year.
The last poster needs to be called out as delusional and unable to read financial results in business news. 4th quarter saw a loss of 281.3 million dollars! For any reasonable performing company in our industry, 4th quarter should be pure profit . Investors and employees should be given wealth from profits. The results are abysmal for 4th quarter and year total. They are entitled to an honest and forthright response by upper management. Whoever is responsible for strategy and performance needs to go now without golden parachutes. Things have gotten worse and are not getting better.
I'm feeling positive we'll turn the company around. 20118 will be an exciting year! Barbie continues to be the leader in fashion dolls, Hot Wheels has exciting product in the lineup and Fisher Price will continue to do well worldwide and will grow immensely in China.
More like Throw Up Thursday
Margo & team have been in private coaching meetings all week, rehearsing with speech writers and spin doctors to evaluate and revise their patter to soften the blow to investors. Probably having one final pep rally right now before the call. Like Baghdad Bob. We are winning! Pay no attention to the numbers, we are trending! Trust me and my full year of toy experience!
Another dismal day in NYC waiting and watching the flittering morons in upper management in their hushed conferences, closing their laptops conspicuously when people walk by it's going to be a great day of no answers, poor audio from the worst coast and more moronic Q&A to follow after the feed gets cuts. FML.
The only thing this management team has been good at is being consistently wrong. How bad will the news be? Worse than they have predicted and they won’t admit it!. They deserve nothing as so called leaders.
Which of the brands are going to do better in 2018 versus 2017? Positive guidance implies there is improvement ahead? Will they talk about Barbie improvement? Hot Wheels? FP?
Positive guidance...
Looking forward to some positive guidance from MGo and Co. this afternoon. Fingers crossed her strategies paid off in Q4.
today’s presentation will be filled with commercials from previously successful years of profitability and pep talks for how we’re going to re-capture that greatness! Ice cream to follow to soothe the millennial feels and give them back their warm fuzzies.
don't fret folks! They'll soften the blow with ice cream after the meeting. All of you kiddies will be appeased and be lulled into another false sense of security. Make sure you download you hi res art for your portfolios before you leave work tonight!
Posers...climbers...charlatans...
frauds....imposters...ALL...
Maybe the breakthrough Nettease announcement today will help. Remember we have SidMAt our EVP and secret weapon at work. His history is stellar in taking the company the wrong way. We need to further showcase our management incompetence at Mattel. Bring him on to the conference call with RD. It cannot be matched by any other company. Just try us.
After market close is an indicator of what the news is going to be.
Don't worry, we'll make up the shortfall by laying off some lower level worker bees.