Mattel, Inc. (MAT)

[JMcWhirter]

Yeah i did the same.
With having two toddlers, Toys R US is a common store we visit. I dont see Mattel having too many issues bouncing back.

But then i just saw a news release on Etrade. Here below.

CFRA MAINTAINS SELL OPINION ON SHARES OF MATTEL, INC.
2:13 PM ET 9/21/17 | CFRA
We cut our 12-month target by $2 to $13, 12.9X our '18 EPS estimate, a discount to peers, reflecting our sluggish sales growth outlook. We trim our '18 EPS estimate by $0.04 to $1.01. We believe sales of Cars 3 toys remains weak as MAT struggles to capture the attention of children. Also, the recent bankruptcy filing by Toys R Us (11% of total sales) could further pressure the company. MAT successfully negotiated an amendment to its credit agreement, increasing its maximum leverage. We see this as a negative as increased leverage will stress an already weak balance sheet.

But hey Christmas is fast approaching and the Market has been good this year. Seems as though people are buying more. I work in the Marine Industry and we have been pretty busy this year. More Revenue and a solid calendar of bookings in the shipyard. Mattel should bounce back just fine.
Good Luck to you.