Nurhajar Izzah Azkiya/iStock via Getty Images JAKKS Pacific, Inc. (NASDAQ:JAKK) reported the company's Q2 results on the 31st of July in post-market hours. They beat Wall Street analysts' estimates by a wide margin despite a year-on-year revenue decline led by the expected lack of new movie releases. The report was taken positively by the market as well, as the stock has risen 9% in post-market hours at the time of writing. I previously wrote an article on JAKKS' Q1 results, titled "JAKKS Pacific Q1: A Caut ...

Jakks Pacific (JAKK) came out with quarterly earnings of $0.65 per share, missing the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $1.26 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -24.42%. A quarter ago, it was expected that this toymaker would post a loss of $0.32 per share when it actually produced a loss of $1.09, delivering a surprise of -240.63%. Over the last four quarters, the company ...

SANTA MONICA, Calif., July 23, 2024 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ:JAKK), a world-leading toy and consumer products manufacturer, announced today the launch of a new line of branded lifestyle products. This exciting collection will feature Element, Roxy and Quiksilver skateboards, helmets and knee pads, alongside Juicy Couture & Roxy roller skates. "This new line in our seasonal division marks a significant step in JAKKS' strategy to develop products for Millennials and Gen Z expanding into ...

Core Viewpoint - JAKKS Pacific, Inc. is set to announce its second quarter 2024 financial results on July 31, 2024, and will hold a teleconference to discuss these results along with future plans and prospects [1][4]. Company Overview - JAKKS Pacific, Inc. is a prominent designer, manufacturer, and marketer of toys and consumer products globally, headquartered in Santa Monica, California [2]. - The company offers a variety of proprietary brands, including AirTitans®, Disguise®, Fly Wheels®, and many others, as well as entertainment-inspired products featuring licensed properties [2]. - JAKKS Pacific is committed to making a positive impact on children's lives through its products and charitable donations [2]. Upcoming Events - Analysts, investors, and media are invited to participate in the teleconference scheduled for 5:00 p.m. ET / 2:00 p.m. PT on July 31, 2024 [4]. - A live webcast of the call will be available on the company's "Investor Relations" page, and participants are encouraged to join the call ten minutes early to avoid delays [4].

SANTA MONICA, Calif., July 12, 2024 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ: JAKK) will announce its second quarter 2024 financial results on Wednesday, July 31, 2024 after the close of the stock market. The Company will hold a teleconference and webcast to discuss the results, and may also discuss future plans and prospects. JAKKS Pacific, Inc. invites analysts, investors and media to listen to the teleconference scheduled for 5:00 p.m. ET / 2:00 p.m. PT on July 31, 2024. A live webcast of the call ...

Group 1: Company Overview - JAKKS Pacific, Inc.'s global costume division, Disguise, Inc., has entered a multi-year licensing agreement with Aniplex of America for the manga series-based Demon Slayer: Kimetsu no Yaiba, covering multiple regions including North America and the U.K. [2] - The company has a 37-year legacy in the costume industry, showcasing significant global growth and strong partnerships with licensors and distributors [13] Group 2: Product Development and Market Strategy - Disguise will design, develop, and manufacture costume accessories inspired by Demon Slayer, with new styles expected to be available by 2025 [2] - JAKKS Pacific is expanding into new categories, including outdoor products and dolls, to enhance its product offerings and capitalize on licensing partnerships [6][7] Group 3: Financial Performance and Market Position - JAKKS Pacific's shares have declined 21.5% in the past year, while the industry has grown by 7.3%, indicating underperformance [9] - Despite the stock's decline, the company's international footprint and focus on licensing partnerships are expected to drive future performance [9] Group 4: Industry Context - The anime series Demon Slayer has gained widespread acclaim and has become a sensation among fans and retailers, which bodes well for JAKKS Pacific's new product line [3][4]

About Demon Slayer; Kimetsu no Yaiba Demon Slayer: Kimetsu no Yaiba is based on the manga series by Koyoharu Gotoge published under SHUEISHA's JUMP COMICS, which consists of 23 volumes and over 150 million copies in publication. The animation production is by ufotable. In April 2019, the TV anime series Demon Slayer first premiered with the Tanjiro Kamado, Unwavering Resolve Arc, followed by the release of the feature film Mugen Train in October 2020, and the TV series Mugen Train Arc and Entertainment Dist ...

Core Insights - JAKKS Pacific, Inc. is expected to benefit from retail expansion, product launches, and brand collaborations, with a strong emphasis on licensing partnerships and international growth [1] Retail Expansion - The company is focusing on expanding its retail presence with key accounts such as Macy's, Amazon in the U.S., and Sainsbury's in the U.K. [4] - JAKKS Pacific is optimistic about new designs for brands like Element, Volcom, Billabong, and Quiksilver, which will be available in 2024 [4] Product Offerings - The company is enhancing its product offerings through innovations and collaborations, including a notable response to new entertainment pieces related to Sonic the Hedgehog [6] - A new agreement with SEGA will support the launch of products tied to the upcoming Sonic Hedgehog 3 film, scheduled for December 20, 2024 [7] - JAKKS Pacific plans to introduce a new line of products inspired by Disney's Moana 2, set for release in the fourth quarter of 2024 [8] Licensing Partnerships - The company collaborates with major licensing partners, including Disney, Marvel, and Hasbro, to expand its product range [8] - A recent collaboration with Epic Story Media aims to launch a new content and licensing initiative centered around the intellectual property, Wild Manes [9] International Growth - JAKKS Pacific is committed to expanding its international footprint, with new sales offices and distribution agreements, particularly in Asia through a partnership with Meisheng [11] - The company aims to penetrate larger global markets with its toy and costume businesses in 2024 [11] Financial Outlook - Despite a 12.2% decline in shares over the past year, earnings estimates for 2024 have increased to $4.58 per share, reflecting analysts' optimism [2] - The company's strategic expansion and licensing acquisitions are expected to enhance its product offerings and drive growth [10]

It has been about a month since the last earnings report for Jakks Pacific (JAKK) . Shares have lost about 4.6% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Jakks due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. JAKKS Pacific Q1 Earnings & Net Sales Lag Estim ...

Jakks Pacific is a leading multi-product line, multi-brand toy company that designs, produces, markets, sells, and distributes toys and related kid-targeted consumer products. The company was founded in 1995 by Jack Friedman, Stephen Berman, and Joseph Reth. Mr. Stephen Berman has been the CEO since 2010. Editor's note: Seeking Alpha is proud to welcome Walnut Investing as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors ...