Mattel CFO: Ordering patterns have stabilized
Mattel CFO Paul Ruh said 3Q sales were hurt last year by industry-wide ordering shifts, but this year ordering trends appear to have stabilized as retailers manage inventories cautiously amid macro and trade uncertainty.
Mattel's 3Q sales were pressured last year by broad changes in ordering patterns, as retailers managed inventories more cautiously amid macroeconomic and trade uncertainty. This year, however, ordering trends appear to have stabilized, Mattel CFO Paul Ruh said at the Goldman Sachs Global Consu…