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), a leading designer of toys, consumer products, and costumes, provides timely updates through this dedicated news hub. Investors and industry observers will find official press releases, earnings reports, and strategic announcements all in one location.
This resource delivers essential information for tracking JAKK's market position, including product launches, licensing partnerships, and financial results. All content is sourced directly from company communications to ensure accuracy and compliance with disclosure standards.
Key updates typically include quarterly earnings insights, new toy line announcements, and collaborations with major entertainment franchises. The page also covers leadership changes, sustainability initiatives, and other material developments affecting JAKK's business trajectory.
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JAKKS Pacific, Inc. (NASDAQ: JAKK) is set to announce its third quarter 2022 financial results on October 27, 2022, post-market. The company will host a teleconference at 5:00 p.m. ET to discuss these results and potential future plans. Investors and analysts can access the live webcast on the company’s Investor Relations page. JAKKS Pacific, based in Santa Monica, California, is recognized for its range of toys and consumer products, including popular brands like Creepy Crawlers® and Disguise®.
Disguise Inc., a subsidiary of JAKKS Pacific (NASDAQ: JAKK), has partnered with Snap Inc. to launch an AR shopping experience for Halloween costumes on Snapchat. Users can try on and purchase costumes from popular franchises like Harry Potter, Minecraft, and Transformers. Since January 2022, more than 250 million Snapchatters engaged with AR shopping Lenses over 5 billion times, showcasing significant interest in using AR for shopping. This innovative platform aims to enhance the Halloween shopping experience by providing a seamless way to try on costumes digitally.
JAKKS Pacific, Inc. (NASDAQ: JAKK) reported exceptional financial results for Q2 2022, achieving net sales of $220.4 million, a 96.2% increase year-over-year. The Toys/Consumer Products segment generated $148.9 million in sales, growing 82.6%, while Costumes sales soared by 132.2% to $71.6 million. The company also recorded $23.7 million in operating income, up from $1.8 million last year, and net income of $26.2 million or $2.61 per diluted share. JAKKS paid down $10 million of long-term debt, enhancing its financial stability.
JAKKS Pacific (NASDAQ: JAKK) will showcase its new products at the San Diego Comic-Con on July 22 at 6PM in Room 29AB. Highlights include the Mario Kart™ 24V Ride-on Racer for ages 3+, available for public viewing at the Nintendo Switch™ Road Trip. The company will also demo the Jurassic World RealFX Baby Blue and the Jurassic World AirTitan, with trivia prizes available. Attendees will learn about upcoming releases, including new costumes and licensed Funko Pop! Masks from Disguise.
JAKKS Pacific, Inc. (NASDAQ: JAKK) introduced the new Let’s Go, Yoshi! interactive figure at the Sweet Suite event in New York City. This 12-inch figure boasts over 20 sounds, 13 articulation points, and various activation methods for kids aged 3 and up. Planned for release in October across North America, Asia-Pacific, Latin America, Europe, the Middle East, and Africa, Yoshi aims to enhance the Super Mario™ collection. Craig Drobis, Senior VP of Marketing, expressed excitement for this long-requested addition to retail this holiday season.
JAKKS Pacific, Inc. (NASDAQ: JAKK) will announce its second quarter 2022 financial results on July 27, 2022, after market close. A teleconference and webcast will be held at 5:00 p.m. ET to discuss the outcomes and future plans. Analysts, investors, and media can participate in the call via the Investor Relations page. A replay will be accessible shortly after the call. JAKKS Pacific specializes in designing and marketing toys and consumer products globally.
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.
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