Mattel CEO Kreiz Sees 'Strong' Full-Year Outlook

The transcript discusses the company's strategic focus on growth and profitability, highlighting record first-quarter performance and strong consumer demand. It emphasizes the company's transformation into an IP-driven toy company, with significant growth in brands like Barbie and Hot Wheels. The discussion covers shareholder responses, market performance, and financial growth, including a rise in Adjusted EBITDA. The company addresses price pressures and supply chain management, noting the impact of COVID-19 restrictions in China. Exciting movie collaborations and future projects are also highlighted, showcasing partnerships with major studios and creative talents.

What was highlighted as a key factor in the company's strong first-quarter performance?

• New product launches

• Double-digit growth in key brands

• Reduction in operational costs

• Expansion into new markets

What is the company's growth guidance for the year?

• 5-7% growth

• 8-10% growth

• 12-15% growth

• 10-12% growth

Which movie's release date was recently announced by Warner Brothers?

• Hot Wheels

• Masters of the Universe

• Barbie

• American Girl

How does the company plan to address inflationary pressures?

• Through pricing actions and cost savings

• By reducing workforce

• By expanding into new markets

• By increasing production

What was identified as a strategic advantage for the company?

• Supply chain management

• Marketing campaigns

• Customer loyalty programs

• Product diversification

Which region experienced growth despite challenges in China?

• North America

• Australia

• Asia

• Africa

Who is involved in the upcoming Barbie movie project?

• Christopher Nolan

• Steven Spielberg

• Greta Gerwig

• Tom Hanks