Bearish Mattel (MAT): Stock Earnings Takeaways

<p>Mattel's (MAT) gross margin was hurt by inventory management costs, and advertising ratchets are higher to support holiday sales, says a Morningstar analyst. Jamie Katz and Kevin Horner discuss the major takeaways from MAT's earnings. Kevin notes that MAT is bearish in nature and new short-side traders might allow a rally to 50-DMA before starting a short position. They also talk about how MAT 3Q sales are up 3% in constant currency. Tune in to find out more about the stock market today.</p>