JAKK
JAKKS Pacific, Inc.16.50
+0.07+0.43%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Reaffirms script, details FOB tweaks
Q&A largely reaffirmed prepared remarks on tariff headwinds and margin gains but surfaced tweaks to the FOB model, including first-sale programs with U.S. retailers to blunt tariff pain and strategic warehouses for smaller international buyers driving Rest of World growth. Strong balance sheet and profitability focus helped secure new licenses for 2026-27 initiatives. POS underwhelmed outside hot launches, yet retail inventories tightened—down 21% at one major chain, 4% at another—with promo activity tame versus peers. Retail inventories sit tight. Management stayed non-specific on Q1 flows, framing it as basketball's first quarter. Investors will watch Super Mario Galaxy sell-through against low-to-mid single-digit topline hopes.
Key Stats
Market Cap
185.95MP/E (TTM)
35.11Basic EPS (TTM)
0.47Dividend Yield
0.05%Recent Filings
8-K
2026 exec bonus targets set
JAKKS Pacific's Compensation Committee set 2026 EBITDA targets for CEO Stephen G. Berman and CFO John L. Kimble's performance bonuses, ranging from $35.6M to $65.6M. Bonuses scale from 25% to 300% of Berman's $1.875M salary (max $5.625M) and 25% to 200% of Kimble's $632.7K (max $1.265M). Targets adjustable for strategic deals or economic shocks. Incentives align tightly with profitability.
10-K
FY2025 results
JAKKS Pacific posted FY2025 net sales of $570.7M, down 17.4% y/y, with Toys/Consumer Products dropping 19.0% to $461.9M on softer North America demand while Costumes fell 10.2% to $108.7M amid US tariff pressures—yet international sales hit a record high. Gross margins expanded to 32.4% from 30.8% via lower inventory obsolescence, though operating income shrank to $14.2M (2.5% margin) on higher royalty costs and SG&A at 29.9%. Q4 sales of $127.1M trailed Q3's $211.2M peak but topped Q1/Q2; operations lost $8.6M as seasonality bit. Q4 accelerated international momentum. Cash fell to $54.1M after $11.2M dividends; $70M BMO revolver sits unused. Reliance on Target (26.6%) and Walmart (26.1%) risks quarterly volatility.
8-K
Q4 sales down, margins up
JAKKS Pacific reported Q4 2025 net sales of $127.1M, down 3% yet with gross margins up 380bps to 31.0% and operating loss narrowed to $8.6M from $14.7M. Full-year sales fell 17% to $570.7M amid tariff pressures, but margins hit a 15-year high of 32.4% while returning $11.2M to shareholders. Board declared $0.25/share dividend, payable March 30. Cash dipped to $54.1M.
10-Q
Q3 FY2025 results
JAKKS Pacific posted Q3 net sales of $211.2M, down 34% y/y from $321.6M yet up sequentially from softer prior quarters, with Toys/Consumer Products dropping 41% to $156.1M while Costumes held steady at $55.1M; gross margin slipped to 32.0% from 33.8% on lower high-margin movie mix. Operating income fell to $29.4M from $68.1M, diluted EPS to $1.74 from $4.64 on 11.4M shares, taxes at 33.1%. Cash dipped to $25.9M with $68.3M revolver availability under new BMO facility (June 2025, to 2030); FCF not disclosed in the 10-Q. Dividends flowed steadily. Customer concentration risks loom large.
8-K
Q3 sales drop 34%
JAKKS Pacific reported Q3 net sales of $211.2M, down 34% year-over-year, hit by tariff-driven demand drops and absent theatrical products; US sales plunged 40% to $154.5M while gross margin slipped to 32.0%. Operating income fell to $29.4M. Board declared $0.25 quarterly dividend, payable December 29. Cash holds steady.