Mattel (MAT) Unveiled its Strategic Growth Plan

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Mattel Unveils Plan to Reinvent Company and Deliver Enhanced and Sustainable Growth

June 14, 2017 3:59 PM EDT

EL SEGUNDO, Calif., June 14, 2017 /PRNewswire/ -- Mattel, Inc. (NASDAQ: MAT) today unveiled its strategic growth plan during the company's Investor Day event in New York City. Chief Executive Officer Margo Georgiadis and members of the management team presented the strategic plan, a roadmap for achieving growth, as well as the company's medium-term financial framework.

At the Investor Day, Mattel outlined its new strategic direction underpinned by the company's investment thesis:

The industry continues to grow, with shifting consumer and market trends that are reshaping the future. Mattel... More