CG: Toys “R” Us Takes Its Toll on Mattel and Hasbro Earnings
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 31 October 2017
⏱️ 29 minutes
🧾️ Download transcript
Summary
The Toys “R” Us bankruptcy filing in September sent waves through the industry as toy companies cut shipments to the retailer and adjusted their forecasts ahead of the holiday shopping season. However, the latest earnings results from Mattel and Hasbro paint a picture of two industry leaders with very different outlooks.
Transcript
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| 0:00.0 | Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every day. |
| 0:07.0 | It's Tuesday, October 31st, and I'm your host, Fitzenchen. |
| 0:10.0 | Happy Halloween, fools. |
| 0:12.0 | I've had a few people ask me this week if I'd be picking Halloween |
| 0:15.6 | topics for this show, looking at candy companies or something similar. Well, the companies |
| 0:21.0 | we're focusing on today are only tangentially related to the holiday |
| 0:25.7 | in their tour companies. |
| 0:27.3 | So one of the two biggest names in that industry shared news last week that gave plenty of investors a scare I think if |
| 0:35.4 | we're sticking to that Halloween theme but overall the stocks been making huge |
| 0:39.7 | moves of the past few days and we haven't talked about this sector in some time so I'm |
| 0:44.2 | welcoming Danny Vena one of our fool.com contributors who's joining us via Skype to |
| 0:49.4 | the show to help us cover our latest earnings results. Hey, Danny, how's it going? |
| 0:53.2 | Welcome back. |
| 0:54.2 | It's going really good. |
| 0:55.2 | I'm glad to be back. |
| 0:57.2 | How's it going with you? |
| 0:58.2 | Going really well. |
| 0:59.2 | It's great to have you with us. |
| 1:00.8 | We have the latest earnings, as I from Hasbro and Mattel to cover, but before we dive |
| 1:06.7 | in I know that you wanted a little bit of time to revisit Toys R Us as well because if you missed our previous coverage of the Toys |
| 1:14.8 | or Us bankruptcy, that news came out in September, you'll need some background |
| 1:21.2 | on that news and development since then to kind of have an idea of what's happening |
... |
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