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 (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.
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.
