Now, I'm not sitting here and looking at the accounting books for Mattel, so I don't know if they are "preparing for the worst," but I can take a guess. Mattel, is in it to win it, and just because the stock went down 2.9 percent yesterday, it doesn't mean that this 5.6 billion dollar company will have to cancel any new toys being manufactured. Its a bump, perhaps a hill, to go over for the time being, and this company will have an all terrain GI Joe Bradley Assault Tank pulling them up it. Or perhaps a Barbie classic model with good old fashioned Ken coming back from the dead. I'm sure they have a bunch of those in a warehouse somewhere to replace new Venice beach model ken.
Using my inexpert opinion, I'm going to guess that Mattel and Lee Der Industrial, have a quarters worth of toys being made with this problematic paint. See you at the next news story about dancing hamster recalls.
Using my inexpert opinion, I'm going to guess that Mattel and Lee Der Industrial, have a quarters worth of toys being made with this problematic paint. See you at the next news story about dancing hamster recalls.