Welcome to our dedicated page for Jakks Pac news (Ticker: JAKK), a resource for investors and traders seeking the latest updates and insights on Jakks Pac stock.
JAKKS Pacific, Inc. (NASDAQ: JAKK) generates frequent news as a designer, manufacturer and marketer of toys, costumes and consumer products sold throughout the world. Company updates often highlight new product launches, licensing partnerships and segment performance across its Toys/Consumer Products and Costumes businesses.
Recent announcements showcase collaborations with major entertainment and consumer brands. JAKKS Pacific has renewed its global toy partnership with SEGA of America for Sonic the Hedgehog merchandise, covering action figures, playsets, vehicles, plush and collectibles. The company also works with Nintendo on Super Mario figures, toys and themed playsets, and has introduced seasonal Super Mario product waves at major retailers.
News from JAKKS Pacific also covers licensed initiatives with Disney, such as the Disney Darlings baby doll line inspired by characters like Minnie Mouse, Stitch, Marie and Winnie the Pooh, and a Wizard of Oz dress-up and petite doll collection developed with Warner Bros. Discovery Global Consumer Products. In the costumes space, its Disguise division announces agreements for properties including Demon Slayer: Kimetsu no Yaiba and Pokémon, as well as recognition for licensed dress-up ranges.
Investors and followers can also find updates on financial results, segment sales and capital structure decisions, including quarterly earnings releases, dividend declarations and credit facility arrangements reported via press releases and SEC filings. This news page brings together these developments so readers can track how JAKKS Pacific’s licensing activity, product pipeline and financial reporting evolve over time.
JAKKS Pacific reported significant growth in Q1 2022, with net sales reaching $120.9 million, a 44% increase from $83.8 million in Q1 2021. This marks the highest Q1 sales since 2008. Notably, the costume segment doubled in sales compared to the prior year. The net loss attributable to common stockholders was reduced to $4.2 million ($0.43 per share), down from $24.4 million ($4.54 per share) in Q1 2021. Adjusted EBITDA showed a positive shift, rising to $1.9 million from a loss of $2.4 million a year ago. However, rising freight costs impacted gross margins, which stood at 24.7% of sales.
JAKKS Pacific, Inc. (NASDAQ: JAKK) will release its first quarter 2022 financial results on April 28, 2022, after market close. A teleconference is scheduled for 5:00 p.m. ET, where results and future plans will be discussed. Participants can call (833) 423-0496 in the U.S. or (918) 922-2390 internationally, with a passcode of 3951819. A replay will be available for seven days post-call. The company, headquartered in Santa Monica, California, is known for its toy brands like Perfectly Cute™ and Disguise®, among others.
JAKKS Pacific, Inc. (NASDAQ: JAKK) will host a panel at Wondercon in Anaheim, CA, on April 1 from 5-6 PM. The event will showcase upcoming toy and collectible releases for popular franchises like Nintendo and Sonic the Hedgehog. Attendees can expect exclusive previews of new figures and costumes from Disguise, along with Q&A sessions and trivia prizes. Craig Drobis, SVP of Marketing, expressed excitement about sharing new product developments that cater to fan interests.
JAKKS Pacific (NASDAQ: JAKK) has unveiled a fresh lineup of outdoor toys set to hit retail this spring, featuring vibrant graphics from popular brands. New additions include a trampoline priced at $159.99, patio chairs starting at $9.99, and various specialty items like Fly Wheels and game tents, with prices ranging from $19.99 to $59.99. The trampoline boasts a durable design and safety enclosure, while the colorful patio chairs are foldable and easy to store. Products are designed for children aged 1-7 and aim to promote outdoor fun and physical activity.
JAKKS Pacific, Inc. (NASDAQ: JAKK) has announced a new collection of toys and costumes in connection with the release of the film Sonic the Hedgehog 2, set for April 8, 2022. The product line features a variety of collectibles including action figures, plush toys, playsets, and a radio-controlled Sonic Speed RC, with prices ranging from $9.99 to $39.99. Costumes for all ages will also launch this Fall under the Disguise brand. The collaboration aims to enhance the fan experience surrounding the film, building on strong demand for Sonic merchandise.
JAKKS Pacific, Inc. reported strong financial results for Q4 and full-year 2021. Q4 net sales were at $188.0 million, a 47% increase year-over-year, with gross profit reaching $50.0 million. Adjusted net income improved to $1.3 million from a loss of $3.6 million in Q4 2020. Full-year net sales rose to $621.1 million, marking a 20% increase, with adjusted EBITDA at $49.2 million, the highest since 2015. However, gross margin declined to 26.6% due to soaring freight costs. Despite a net loss of $7.3 million, cash and liquidity remain strong at $102.0 million.
JAKKS Pacific, Inc. (NASDAQ: JAKK) has announced new collectible figures and costumes for the popular game, Apex Legends™, set to release this Spring and Fall 2022. Highlights include a ten-inch Nessie plush priced at $19.99, and detailed six-inch action figures, also at $19.99. Additionally, new costumes such as the Octane Deluxe Adult costume for $69.99 and Wraith Deluxe Adult costume for $59.99 will be available in time for Halloween. These products aim to enhance customer engagement among fans and collectors.
JAKKS Pacific, Inc. (NASDAQ: JAKK) will release its fourth quarter 2021 financial results on February 17, 2022, following market closure. A teleconference is scheduled for 5:00 p.m. ET, where analysts, investors, and media can participate. All callers should join 5 minutes prior to the start time. The replay will be available for seven days post-call. JAKKS Pacific is known for its wide array of toy and consumer product brands, including Perfectly Cute™ and Disguise®, contributing to its global market presence. More details can be found on their investor website.
JAKKS Pacific (NASDAQ: JAKK) announced new additions to its ReDo skateboard line, featuring updated graphics set to launch this fall. The ReDo Skateboard Co. emphasizes innovative design, catering to all skill levels. Prices range from
JAKKS Pacific, Inc. (NASDAQ: JAKK) announced the launch of new additions to its Perfectly Cute™ line of baby dolls and accessories at Target this spring. Following record-breaking sales in 2021, the company anticipates strong demand in Q1 2022. Notable products include the Perfectly Cute Feed and Wet babies, realistic sound dolls, and a Magic Sink Playset. Priced between $17.99 and $19.99, the new items cater to children aged 2 and up, enhancing roleplay opportunities for kids. JAKKS remains a leader in designing toys that reflect at-home experiences.
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