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 strategies are being implemented to optimize the business and improve productivity?

What impact did the COVID-19 restrictions have on consumer demand in China?

Can you describe the significance of the Barbie movie for the company?