Mattel: Too Many Toys, Too Few Profits — Why I’m Selling The Stock (NASDAQ:MAT)

Mattel has just published its quarterly results and reiterated its guidance, which, in my opinion and based on the figures, will be difficult to achieve, given the unfavorable context (tariffs, pressure on margins, shrinking core business). Add to this a “premium” valuation comparedPortfolio manager, fundamental equity research, macro and geopolitical strategy.Over 10 years across global markets, managing multi-asset strategies and equity portfolios at a European asset manager.I combine top-down macro, bott ...