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.
Bookmark this page for streamlined access to verified Jakks Pacific updates. Combine it with Stock Titan's financial tools for comprehensive analysis of the company's performance in the competitive toy and entertainment sectors.
JAKKS Pacific, Inc. (NASDAQ: JAKK) will announce its Q4 and full-year 2022 financial results on March 9, 2023, after market close. A teleconference and webcast will be held at 5:00 p.m. ET to discuss the results and future plans. Participants can access the live webcast on the company's Investor Relations page or through a phone registration link. A replay will also be available afterward.
JAKKS, based in Santa Monica, California, specializes in designing, manufacturing, and marketing popular toys and consumer products worldwide, including acclaimed brands like Perfectly Cute™ and AirTitans®.
JAKKS Pacific, Inc. (NASDAQ:JAKK) announced the renewal of its partnership with Microsoft, allowing its costume division, Disguise, Inc., to remain the exclusive costume partner for the popular game, Minecraft. This multi-year agreement enables Disguise to design, market, and distribute Halloween costumes and accessories based on Minecraft starting in 2023. With Minecraft being a top-selling brand for costumes globally, Disguise aims to expand its international presence and introduce new character styles. The company continues to strengthen its foothold in the licensed video game costume market.
JAKKS Pacific (NASDAQ: JAKK) announces the launch of a new line of toys inspired by The Super Mario Bros. Movie, set for retail debut on
JAKKS Pacific (NASDAQ: JAKK) announces the launch of its new collectible line, Ami Amis, available at Walmart starting tomorrow. This collection features 30 unique knitted plush characters, appealing to collectors of all ages through themes, rarity, and designs ranging from Common to Ultra Rare. Each character includes a collector guide and fun backstory tag. Over 200 characters are expected to be introduced throughout 2023, with Wave 2 launching in April. The company's SVP of Marketing highlights the collection's appeal, stating that the characters make ordinary moments extraordinary, fostering positivity and charm.
JAKKS Pacific, Inc. (NASDAQ: JAKK) announced the launch of a new toy line inspired by The Super Mario Bros. Movie, set to hit theaters on
JAKKS Pacific reported significant third-quarter results for 2022, with net sales reaching $323.0 million, a 36% increase year-over-year. Toys/Consumer Products led this surge with sales of $269.6 million, up 56%. Despite a decline in costume sales by 17%, total year-to-date sales exceeded $664.3 million, surpassing the entirety of 2021’s sales. Gross margin stood at 28.5%, down 310 basis points from the previous year. Net income attributable to common stockholders was $30.3 million ($2.96/share), a decrease from $36.0 million in Q3 2021, yet adjusted net income rose to $39.0 million ($3.80/share).
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.
