JAKKS Pacific(JAKK)

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JAKKS Pacific Q1 Earnings and Revenues Surpass Estimates, Stock Up
ZACKS· 2025-04-30 14:55
JAKKS Pacific, Inc. (JAKK) reported first-quarter 2025 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and bottom lines increased on a year-over-year basis.For the quarter, the company reported solid consumer demand across major markets and key retail channels. While U.S. market conditions posed some challenges in April, the company reported growth in Europe and Latin America, supported by strategic investments.Following the results, JAKK stock jumped 15.6% in Tuesday’s aft ...
JAKKS Pacific(JAKK) - 2025 Q1 - Quarterly Report
2025-04-30 12:30
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-35448 JAKKS Pacific, Inc. (Exact Name of Registrant as Specified in Its Charter) | Delaware | 95-4527222 | | --- | --- | | (State or Other Jurisdiction of | (I.R.S. Employer | | Incorporation or Organization) | Identification No.) | | 2951 28th Street Santa Monica, California ...
JAKKS Pacific(JAKK) - 2025 Q1 - Earnings Call Presentation
2025-04-30 11:27
PACIF TIM First Quarter 2025 Earnings Presentation April 29, 2025 5:00 PM Eastern / 2:00 PM Pacific Registration: 1Q25 Registration link Webcast: 1Q25 Webcast link EXECUTIVE TEAM ON THE CALL Note: The following presentation includes unaudited information STEPHEN BERMAN Chairman & Chief Executive Officer JOHN KIMBLE Executive Vice President & Chief Financial Officer 2 SAFE HARBOR STATEMENT The Company would like to point out that any comments made about JAKKS Pacific's future performance, events or circumsta ...
JAKKS Pacific(JAKK) - 2025 Q1 - Earnings Call Transcript
2025-04-30 01:54
JAKKS Pacific (JAKK) Q1 2025 Earnings Call April 29, 2025 09:54 PM ET Speaker0 Good afternoon, everyone. Welcome to the JAKKS Pacific First Quarter twenty twenty five Earnings Conference Call with Management, who will review financial results for the quarter ended 03/31/2025. JAKKS issued its earnings press release earlier today. The earnings release and presentation slides related to today's call are available on the company's recently remodeled website in the Investors section. On the call this afternoon ...
JAKKS Pacific(JAKK) - 2025 Q1 - Quarterly Results
2025-04-29 21:26
Financial Performance - Net sales for Q1 2025 were $113.3 million, a 26% increase from $90.1 million in Q1 2024[8] - Gross profit reached $39.0 million, up $17.9 million compared to $21.1 million in Q1 2024, with a gross margin of 34.4% versus 23.4% in the prior year[6] - Operating loss improved to $3.8 million from an operating loss of $21.3 million in Q1 2024[6] - Adjusted net loss attributable to common stockholders was $0.4 million (or $0.03 per share), significantly better than an adjusted net loss of $11.3 million (or $1.09 per share) in Q1 2024[6] - Adjusted EBITDA for Q1 2025 was $354,000, a substantial improvement from $(17,235,000) in Q1 2024, reflecting a 1940 basis points increase[26] - Net loss attributable to common stockholders decreased to $(2,382,000) from $(13,175,000), an 82% improvement[26] - Loss per share improved to $(0.21) from $(1.27) in the previous year[23] Sales Growth - International sales increased to $21.0 million, up from $16.3 million last year, with Europe showing over 100% growth from $5.7 million to $11.8 million[8] - Sales in the United States grew by 26.3% to $88,944,000 compared to $70,430,000 in Q1 2024[28] - The Dolls, Role-Play/Dress Up division saw a 36.7% increase in sales to $55,463,000 from $40,574,000[28] - Europe experienced a significant sales increase of 105.9% to $11,810,000 from $5,735,000[28] Financial Stability - Cash and cash equivalents totaled $59.4 million as of March 31, 2025, compared to $35.5 million a year earlier[9] - Inventory was $53.2 million, up from $46.3 million in Q1 2024[9] - The company eliminated all long-term debt in 2023, enhancing its financial stability[4] Dividend Declaration - The company declared a quarterly dividend of $0.25 per share, payable on June 27, 2025[7] Strategic Focus - JAKKS Pacific is focusing on growth opportunities in Europe and Latin America, which are currently delivering real growth[5] Cost Management - The overall cost of sales as a percentage of net sales decreased to 65.6% from 76.6% year-over-year[24]
JAKKS Pacific Reports First Quarter 2025 Financial Results
GlobeNewswire· 2025-04-29 20:05
Sales up 26% vs. prior year; Board approves 25 cent quarterly dividendSANTA MONICA, Calif., April 29, 2025 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ: JAKK) today reported financial results for the first quarter ended March 31, 2025. First Quarter 2025 Net sales were $113.3 million, a year-over-year increase of $23.2 million or 26%, driven in part by demand for product related to last quarter’s film releasesGross margin of 34.4% vs. 23.4% in Q1 2024, driven by improved margin of new product launches al ...
Disguise Secures New Rights to the Core IP for Sonic the Hedgehog™ in Multi-Year Deal with SEGA of America
Newsfilter· 2025-04-15 13:00
POWAY, Calif., April 15, 2025 (GLOBE NEWSWIRE) -- Disguise, Inc., a prominent global leader in the costume industry, and a subsidiary of global toy and consumer products leader JAKKS Pacific, Inc. (NASDAQ:JAKK), is proud to announce a multi-year licensing agreement with SEGA of America, Inc. granting Disguise the sole rights to create Sonic the Hedgehog costumes for distribution across North America, Europe, the Middle East, Africa (EMEA), and Latin America (LATAM), this commences, Disguise's entitlement as ...
Disguise Secures Costume Rights For Paw Patrol ® Franchise and Upcoming Film, Paw Patrol™: The Dino Movie, Across North America
Newsfilter· 2025-04-14 13:00
POWAY, Calif., April 14, 2025 (GLOBE NEWSWIRE) -- Disguise, Inc., the costume division of global toy and consumer products leader JAKKS Pacific, Inc. (NASDAQ:JAKK), is pleased to announce that it has secured North American rights to design, develop, manufacture, and distribute costumes and costume accessories for PAW Patrol ®, the top-rated animated preschool series produced by Spin Master Entertainment that airs on Nickelodeon, as well as the highly anticipated theatrical release of PAW Patrol ™: The Dino ...
JAKKS Pacific, Inc. Announces First Quarter 2025 Earnings Call
Newsfilter· 2025-04-08 13:00
SANTA MONICA, Calif., April 08, 2025 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ:JAKK) will announce its first quarter 2025 financial results on Tuesday, April 29, 2025 after the close of the stock market. The Company will hold a teleconference and webcast to discuss the results, and may also discuss future plans and prospects. JAKKS Pacific, Inc. invites analysts, investors and media to listen to the teleconference scheduled for 5:00 p.m. ET / 2:00 p.m. PT on April 29, 2025. A live webcast of the call ...
Disguise and BBC Studios Extend Partnership for Bluey Costume Line Across North America
Newsfilter· 2025-04-07 13:00
POWAY, Calif., April 07, 2025 (GLOBE NEWSWIRE) -- Disguise, Inc., the costume division of leading toy and consumer products company JAKKS Pacific, Inc. (NASDAQ:JAKK), and BBC Studios has extended their licensing partnership for the highly successful Bluey costume line in North America. Disguise is gearing up for the fall 2025 season with new styles and expanded distribution for high-quality Bluey costumes and accessories, ensuring fans of all ages can continue celebrating their favorite characters whether f ...