Robert Eckert
Robert Eckert
brands core growth hot including increased led quarter sales third
Led by growth in our core brands including Barbie, Fisher-Price and Hot Wheels, Mattel has experienced increased sales domestically for the third quarter in a row,
barbie declines increases offset portfolio quarter results sales third
Third quarter results are disappointing as sales increases in much of our portfolio were offset by declines in the Barbie brand,
certainly cost costs customers increases kept months pace planning prices recover taking
Our prices have not kept pace with our cost increases, so we will certainly be working with customers in the months ahead, ... We are planning on taking price increases in 2006 to recover some of the costs we've experienced.
cash dollars future investing key learning million standpoint stop
The key from our standpoint is to stop the cash drain. We are investing between a half-million and a million dollars every day in the Learning Co. We also wanted to participate in future value.
nine past woods
On Barbie, we're not out of the woods yet, but I do feel better about where we are than I have for the past nine months.
clearly domestic growth quarter
One quarter of a little domestic growth is not all we need, but it's clearly better than another quarter of decline.
based expect half improvement retail sales second
Based on retail sell-through, we expect to see an improvement in international sales during the second half of the year,
continue effective expect increases price quarter second year
We expect the year to continue to be challenging and have implemented price increases effective in the second quarter for the U.S..
clearly hard quarter woods
We've been working hard on Barbie, and we do feel better about Barbie, but we're not out of the woods yet. It's clearly better than another quarter of decline.
basic believe brands cash cleaning core enable enterprise foundation increase leverage major opportunity past plan sound step successful today
Today is a major step in cleaning up the past. This is a plan that will enable us to leverage our core brands and increase cash flow. I still believe the basic foundation of this enterprise -- our core brands -- is sound and has the opportunity to be as successful as ever.