Toy Recall Information

Mattel Tells Analysts About Today's Challenges, Which Are Small Compared to Devastating Acquisition and Recall Losses of Yesterday (MAT)

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In Brief...

Mattel's (MAT) CEO Robert Eckert and CFO Kevin Farr answered analysts' questions today about the challenges the toy company faces for the rest of the year. On this day in Mattel Inc. history, the California-based toy company paid $3.5 billion to acquire The Learning co. Understandably, this is a milestone in Mattel's history that didn't make it onto the Mattel website history time line. Following the successful American Girl retail-entertainment-experience model, the Barbie store features a spa, people-sized Barbie fashions, restaurants, a karaoke bar, a makeup department, and enough Barbie branded beauty, baubles and bling to satisfy even the most bubbly Barbie boosters.. If Mattel's biggest challenges have helped it gain crystal clear focus about its own mission statement for the future, then eleven years ago today marks the day that Mattel started the acquisition of something extremely valuable.. Considering some of Mattel's challenges in the past, it seems like a pretty easy year..

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