Statement Of Thanking Mattel, Inc.

Disney is an iconic brand that is recognized internationally. The company is not only loved by children, but by people of all ages, races, and backgrounds. What makes Disney such a beloved brand? Although it is nearly impossible to pinpoint just one reason for their success, Disney’s core values is what makes this company stand apart from the rest. The founder and creator of Disney, Walt Disney, had a vision for the future that integrated imagination, creativity, freedom of expression, and a touch of magic. With all these values melted into one company, the possibilities for success became a reality to the Disney family. When Disney began to expand, so did the company’s philosophies. Keeping these core values rooted within the brand, Disney focused on emphasizing the importance of employee empowerment and benefits, which is why Disney was ranked as one of the top twenty five companies in America to work for. Over the course of this semester, our team has diligently researched the Disney brand and discovered the characteristics of this company that makes it so unique and successful.

In the latest figures released for the third fiscal quarter of 2016, Net sales increased 1.1% to $5.00 billion from $4.95 billion in the prior year's third quarter. This was the Company's 35th consecutive quarter of positive same-store sales with a 1.7% increase on a constant currency basis.

• Net income for the year totaled $2.6 billion, or $6.72 per share, inclusive of $2.1 billion, or $5.36 per share, resulting from a deferred tax asset reversal, compared with 2013 earnings of $206 million, or $0.54 per share;

One of the primary financial results is the increase in net income from fiscal year 2014 to fiscal year 2015. The percentage increased 2% from $337.6 million to $344.2 million, which may be accounted for by a liquidation of assets, due to the sale of the plane as well as an increase in sales. This change is verified and observed by seeing that, according to the Executive Summary, net sales also increased 10% from $6,213.2 million to $6,814 million. This was primarily due to store expansion and same store sales.

Mattel should only take this thought into consideration if there new products are helping them to generate revenues and regain respect from consumers for producing good quality products. Mattel can also break the product line up and then sell the assets from it, if they don’t want to dispose of the whole product line.

Revenue for 2015 was $1,692,292 versus to $89,803 for 2014 and operating expenses for 2015 was $11,639,430 versus $6,900,310 for 2014. 2015 Net loss for 2015 was $12,069,466 versus $17,576,576 for 2014.

2. Gross Profit - L&L had gross profit (net sales less cost of sales) of $28 million in 2011 and $30.4 million in 2012; an increase of $2.4 million (8.6 % increase)

of $12,622 million during 2013[4]. However, while the net sales may have decreased, the stock

The Walt Disney Company, also known as Disney or DIS, has recently been expanding and growing within the last three years more than ever which is why we would invest in this company. According to Disney’s income statement, revenue has been increasing since 2014 – with an average increase of $3,500,000,000 per year. 2014 was a pivotal year for the Walt Disney Company. Along with their revenue, The Walt Disney Company saw a growth in gross profit. In the year 2014, the company gross profited $22.3 billion, and the amount increased to $25.6 billion in year 2016. For determining a company’s future financial health, a key indicator for success would be examining their gross profit. Gross profit is the company’s financial gain/loss after deducting

Worth of the Disney Company in 2014 was reported to be as follows: 85 Billion in assets; Capitalized at $179.5 Billion; Net worth $48.18 Billion. At the end of 2015, revenue of the Disney Company worldwide was $52.47 Billion. These figures appear staggering for a company that was started in 1923 in the rear of a real estate office in Los Angeles; however, it is imperative for the Disney Company, both a content provider and content creator, to consider a Grand Strategy in 2017. (Statista)

Mattel has created a successful business in the toy industry. Starting out in a garage, building picture frames and moving into children's toys, has allowed them to become a global leader in their field. They grew their company very quickly, but as with any business, times change and forces organizations to grow with the cultural. Competition has increased the need to be more versatile with their technology and make strides to stay ahead of others in their field.

Revenue: Total non-GAAP revenue was $1.10 billion for the quarter, up 55% from a year ago, while GAAP revenue was $940 million

Both Nasdaq director independence standards and Corporate Governance Guidelines of Mattel have strict requirements or rules to evaluate and determine whether these directors on the board are independent members in Mattel. In terms of the Nasdaq director independence rules, independent or outside directors are not allowed to participate in any material and pecuniary management activities and transactions as managers or employees. In addition, executive officers and employees who work in a listed company are not able to qualify independent directors, and members who have intimate relationships with other directors or executive officers also cannot be outside directors. However, the Corporate Governance Guidelines determine that members who take part in the Audit Committee, the Compensation Committee, the Executive Committee, the Finance Committee, and the Governance and Social Responsibility Committee are independent with material transactions and executive managements. As a result, there are ten directors on the board in Mattel, and only Christopher A. Sinclair, the CEO of Mattel, is not independent with the exercise of independent judgement and has no evidence to satisfy requirements of Nasdaq’s and Mattel’s director independence standards. In the other words, there are nine outside directors (90%) and one inside director (10%).

Because of the company’s product and designs primary for children, it must be sensitive to social concern about children’s right: By assuring parents that their children’s privacy will be respected, Mattel demonstrated that it takes its responsibility of marketing to children seriously. In 2007, Mattel conduct entitled Global Manufacturing principles. In this principle, Mattel’s business partners must ensure high standard for product safety and quality, adhering to practices that meet Mattel’s safety and quality standards, make sure that the entire product will not be harmful to the children. Partners must also comply with all import and export regulation and they must strictly adhere to local and international customs

1. no. 1-0013 Mattel, Inc: Vendor Operations in Asia Only 3% of the world’s children are here in the U.S. Our biggest opportunities are in growth outside the U.S. – Jill Barad President & CEO Mattel, Inc. The sun was just breaking over Kowloon Harbor. From his corner office, Ron Montalto gazed across the water and watched the early morning light reflect off Hong Kong’s famous downtown skyline. Only 24 hours ago Ron had been riding around the Carolina Speedway in Kyle Petty’s blue Pontiac, emblazoned with the Hot Wheels logo. The event was part of the kickoff for a new series of Hot Wheels® replicas of NASCAR racers. Now, back in Hong Kong questions still swirled around the sourcing