STOCK TITAN

Jakks Pacific Inc - $JAKK STOCK NEWS

Welcome to our dedicated page for Jakks Pacific news (Ticker: $JAKK), a resource for investors and traders seeking the latest updates and insights on Jakks Pacific stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Jakks Pacific's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Jakks Pacific's position in the market.

Rhea-AI Summary
JAKKS Pacific, Inc. (NASDAQ: JAKK) reported financial results for Q3 2023. Net sales were $309.7 million, a 4% decrease YoY. Gross margin was 34.5%, up 600 basis points from Q3 2022. Operating income was $62.4 million, up from $53.7 million in Q3 2022. Net income attributable to common stockholders was $47.8 million or $4.53 per diluted share, compared to $30.3 million or $2.96 per diluted share in Q3 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
34.82%
Tags
-
Rhea-AI Summary
JAKKS Pacific, Inc. announces a long-term agreement with Authentic Brands Group to design, manufacture, and distribute products inspired by Authentic's iconic brands. The products will be available at retailers worldwide starting in 2024. The initial rollout will include skateboards for Quiksilver and Element, followed by roller skates, volleyballs, beach accessories, and a line of toys featuring key brand attributes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
34.82%
Tags
none
-
Rhea-AI Summary
JAKKS Pacific, Inc. announces a multi-year partnership with SEGA of America for Sonic the Hedgehog 3, the upcoming Paramount Pictures' feature film. The collaboration will result in the design, development, and manufacture of various products including action figures, plush, playsets, costumes, and costume accessories. The products are set to hit the market in late 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.84%
Tags
none
Rhea-AI Summary
JAKKS Pacific, Inc. will announce its Q3 2023 financial results on November 1, 2023. The company will hold a teleconference and webcast to discuss the results and future plans. Analysts, investors, and media are invited to listen. A live webcast will be available on the company's website. A replay of the webcast will also be available for a limited time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.56%
Tags
-
Rhea-AI Summary
Disguise and Warner Bros. Discovery collaborate on 'Batwheels' costumes and accessories
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.95%
Tags
none
-
Rhea-AI Summary
JAKKS Pacific introduces new collection of DC Universe toy figures
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.45%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.73%
Tags
none
-
Rhea-AI Summary
JAKKS Pacific, Inc. reported a decrease in net sales for the second quarter of 2023, with Toys/Consumer Products net sales down 20.8% and Costumes net sales down 31.5%. Gross profit decreased by 15.9% and gross margin increased by 310 basis points. The company retired long-term debt of $30.2 million and reduced total debt to $84.9 million. Operating income decreased to $16.4 million and net income attributable to common stockholders decreased to $6.1 million. Adjusted net income attributable to common stockholders was $13.3 million. Adjusted EBITDA was $20.7 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.09%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.91%
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Jakks Pacific Inc

Nasdaq:JAKK

JAKK Rankings

JAKK Stock Data

201.82M
7.92M
26.84%
46.41%
2.88%
Sporting and Athletic Goods Manufacturing
Manufacturing
Link
United States of America
SANTA MONICA

About JAKK

jakks pacific, inc. (nasdaq: jakk) is a leading designer and marketer of toys and consumer products, with a wide range of products that feature some of the most popular brands and children's toy licenses in the world. jakks’ diverse portfolio includes action figures, electronics, dolls, dress-up, role play, halloween costumes, kids furniture, vehicles, plush, art activity kits, seasonal products, infant/pre-school, construction toys and pet toys sold under various proprietary brands including jakks pacific®, creative designs international™, road champs®, funnoodle®, jakks pets™, plug it in & play tv games™, kids only!™, tollytots® and disguise™. jakks is an award-winning licensee of several hundred nationally and internationally known trademarks including disney®, nickelodeon®, pokémon®, warner bros.®, ultimate fighting championship®, hello kitty®, graco® and cabbage patch kids®. www.jakks.com