Thread regarding Mattel Inc. layoffs

Q1 Earnings Call Thursday: Buzzword Bingo!

Don't miss the FIREworks show Thursday after lunch. Our spin doctors are hard at work rewriting C-suiter sitrep speeches to talk investors out of abandoning the good ship Mattel. Games Richard d---son, President and Chief Operating Officer; and Kevin Farr, Chief Financial Officer will host a conference call and webcast at 5:00 p.m. Eastern time.

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$21.60 and still falling. What's worse? The stock kept falling on Monday when the entire market was up! It's so much worse than you think.....

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It's not an "overhang":

1) We shipped goods and then cut TV advertising in a desperate attempt to make some profit.

2) It left lots of inventory on the shelves and TRU did the same thing by not discounting in Q4. Now we're both hung with extra inventory.

3) We didn't turn on advertising early enough to clear the inventory from Q4 that was left over in Q1.

Why didn't we have the money? Because we're paying a dividend to shareholders to artificially prop up the stock. Guess what? The stock ain't propped no more! This idiotic charade of trying to not tell the truth - That Mattel is NOT a world class bag of brands but is in effect half the value it claims it is - is finally over.

No desperate attempt at promising a near term turnaround, nor attempts to distract shareholders from the truth with irrelevant press releases on partnerships and "new" products will fix the stock. It will continue to sink until it goes below $20 and then some Private Equity firm will pick it up and sell off it's brands.

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How can 2 years of complete failure as CEO support making someone Executive Chairman? Is this what cronyism is? What does that even mean other than he will continue to collect a big bag of money? How has this CEO been accountable to the company? He seemed to have all the answers when he took over. What happened?

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How can this group still be employed. They have no internal or external stakeholder credibility. We have no chance with them. Is the board alive?

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How many seamstresses will be fired to make up for this "overhang"? Can we also fire Facilities, and the cafeteria and cleaning crews?

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Great job management team and board...what does the 21.79 stock look like versus what it did when Mr. all answers former board member CEO got the previous CEO ousted? lower maybe? Not sure. Just sickening.

And look at what they were paid. Nice work Mattel board!!!

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$21.79 at the end of the day. What a disgrace, Management Team. And what a travesty the Analysts perpetrate when they don't do their due diligence or outright LIE about the health of the company. What complete fabricated crap are you all going to say on Monday to resurrect this corpse of a company?!

There isn't any hope. Connected toys are not going to work. Traditional toys ARE still vital and growing (as we'll see next week when Hasbro posts growth increases in Q1). This is unfixable.

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Stock is at $21.96 and sinking like Rd, RG, SL, CBS and SM's collective reputations. When this get's below $20, Mattel will have a new owner, and FINALLY do what needs to be done: Sell off the brands and make the shareholders some real money!

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The 'Bro analysts are as to blame as the management team. Out them all - don't bet on a 'Bro!

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After the Year End 2016 results I said it was obvious there was overshipping in Q4 to try and make a decent number. I said wait for the Q1 result to see.

Today the jig is up. "Overhang"? HaHaHaHaHa.

How can the analysts get their clients out of this turd of a stock with a straight face after pitching it for the past couple of years while it has tanked?

Clueless leadership making mistake after mistake. Major hires that make zero sense. The worst TV show in the history of TV shows. Sure buddy, let's continue to bet on this nag.

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So we not only miss the target, but we're twice as bad as the investors thought. To the Analysts who keep lying to their investors (who by the way read this blog):

THE DIVIDEND IS KILLING THE COMPANY - It can no longer sustain it. The reason all the sales are down is because:

1) The brands don't have the money to promote as do their competitors

2) Toys R Us didn't discount like they should've in the 4th quarter, and now have too much inventory and won't take in new shipments

Until the company is sold, dismantled or taken private, this won't get better. Cars 3 won't save it. Neither will Justice League or Toy Story 4.

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Personally I'm Bored of Directors who sit on our senior management team and do nothing but collect a big fat paycheck while killing the company. These old coots are draining the coffers and filling their coffins with blood money. Fire them all!

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The only way the stock survives after this call is they first announce that RG, the head of HR has been terminated, SL has been unveiled as the cheap has-been she is and both RD and RF fire each other live on air. Anything less and the stock kisses $20.

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What for the 'Bro analysts to recommend this turd of a stock. They can't help but lie.

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Don't miss the FIREworks show Thursday after lunch. Our spin doctors are hard at work rewriting C-suiter sitrep speeches to talk investors out of abandoning the good ship Mattel. Games Richard d---son, President and Chief Operating Officer; and Kevin Farr, Chief Financial Officer will host a conference call and webcast at 5:00 p.m. Eastern time.

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