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Mattel could get wrecked by weak 'Cars 3' toy sales
BY MarketWatch
— 4:56 PM ET 07/28/2017

Mattel (MAT) says sales tied to the animated film are on the lower end of expectations

Mattel Inc. (MAT) could be headed for a wreck.

According to the company's Chief Executive Margo Georgiadis, sales of merchandise tied to the Disney (DIS) movie " Cars 3" have been on the sluggish side.

"While still early, I can tell you shipping for Q2 has been generally in line with our expectations, although early point of sale [POS] has been at the lower end of our plan," Georgiadis said on the late Thursday earnings call, according to a FactSet transcript.
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