Core Insights - Disguise, Inc. has expanded its agreement with The Pokémon Company International through a multi-year contract extension, granting distribution rights in North America, EMEA, ANZ, and select parts of LATAM [1][2][3] Company Overview - Disguise has been a leader in the dress-up and roleplay industry since 1987, producing millions of costumes and accessories each year for various licensed brands and its proprietary brands [7] - The company has successfully expanded its Pokémon costume line since its launch in 2019, including characters like Bulbasaur, Charizard, and others, reflecting substantial sales growth [2][3] Industry Position - The extended licensing agreement allows Disguise to leverage the popularity of Pokémon, driving innovation and enhancing consumer experiences with a broader range of Pokémon-themed costumes and accessories [2][3] - Disguise aims to cater to all Pokémon fans by offering a diverse selection of characters beyond the traditional focus on Pikachu [3]

JAKKS Pacific, Inc. Q4 2024 Results - The company reported an adjusted loss per share of 88 cents, which was wider than the Zacks Consensus Estimate of a loss of 21 cents, but improved from a loss of $1.21 per share in the prior-year quarter [3] - Quarterly revenues were $130.7 million, missing the consensus mark of $134 million, but increased by 3% year over year [3] Segment Performance - Net sales in the Toys/Consumer Products segment decreased by 0.5% year over year to $118.2 million, below the estimate of $125.3 million [4] - Costumes' net sales increased significantly by 46.4% year over year to $12.5 million, surpassing the prediction of $7.7 million [4] Operating Metrics - The gross margin for the quarter reached 27.7%, up 70 basis points from the prior-year level, although it was below the predicted 30% [5] - Adjusted EBITDA amounted to $59.3 million, down from $75.7 million a year ago [5] Balance Sheet - As of December 31, 2024, the company's cash and cash equivalents were $69.3 million, a decrease from $72.4 million as of December 31, 2023 [6] Overall Performance - The company's fourth-quarter performance met expectations, with strong seasonality noted particularly around Halloween and Christmas [2] - The company has encouraged customers to adopt its FOB selling model for more efficient logistics operations [2]

Financial Data and Key Metrics Changes - The toy and consumer products business experienced a decline of 1.8% for the full year, slightly better than expectations, with each division down in the 1% to 2% range [7][8] - Gross profit for Q4 was $35.6 million, a 5% increase from $33.7 million in the previous year, despite net sales only increasing by 3% [25] - Adjusted earnings per share for the full year was $3.79, down from $4.62 in the prior year, marking the second consecutive year with adjusted EPS over $3 [31] Business Line Data and Key Metrics Changes - The costume business declined by 7.5% for the full year, primarily due to softness in the U.S. market [8] - The Disguise business grew outside of North America for the fourth consecutive year, reaching an all-time high in 2024 [10] - The international business, including costumes, was down 1% for the full year, with Latin America showing growth of over 19%, reaching $38 million in sales [15] Market Data and Key Metrics Changes - North America sales were down 3% for both the quarter and the year, with declines in both toy and consumer products and costumes [15] - Retail inventories at top U.S. toy consumer accounts were down high single digits compared to the prior year, marking a second consecutive year of decline [12] Company Strategy and Development Direction - The company is focusing on enhancing synergies between toy and costume teams internationally to drive growth [9] - A quarterly dividend of $0.25 per share has been initiated, reflecting a strong financial position and a commitment to returning value to shareholders [18][19] - The company is prioritizing European growth and has expanded its distribution network in the EU to improve fulfillment times [13][56] Management Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's position, highlighting a strong balance sheet with no long-term debt and a focus on profitable growth [17][20] - The company is aware of external risks but feels well-positioned compared to many within the industry [18] - Management anticipates continued momentum in several business lines as they enter 2025, emphasizing a long-term approach to brand development [36][39] Other Important Information - The company has implemented a multi-tiered development process to address different market segments effectively [57] - The focus on affordability remains crucial, especially during times of cost structure surges due to tariffs and other factors [22] Q&A Session Summary Question: Flexibility for Acquisitions with Dividend Initiation - Management confirmed that the company has ample cash flow and is comfortable with the dividend initiative while still having the capacity for opportunistic acquisitions [66] Question: Impact of Holiday Movies on Sales - Management explained that the release of movies typically generates excitement that can lead to long-term sales momentum, especially when streaming begins [70] Question: Inventory Management and Tariff Impact - Management highlighted their effective inventory management strategy, maintaining a high percentage of sales on an FOB basis, and emphasized that inventory is viewed as cash [75][76] Question: Retail Space for Toys - Management noted an increase in retail space for toys, attributing it to the evergreen nature of their products and successful placement strategies [86] Question: E-commerce Sales Events - Management acknowledged that increased e-commerce sales events provide opportunities for enhanced sales and promotional initiatives [94] Question: Currency Exposure - Management indicated that the company has limited foreign exchange exposure due to its FOB business being U.S. dollar denominated [97] Question: Box Office Performance and Strategy - Management stated that box office performance enhances sales but is not the sole driver of strategy, as they have diversified initiatives that do not rely on blockbuster success [101]

Fourth Quarter 2024 Earnings Presentation February 20, 2025 5:00 PM Eastern / 2:00 PM Pacific Registration link 4Q24 Registration Link Webcast link Webcast 1 EXECUTIVE TEAM ON THE CALL STEPHEN BERMAN Chairman & Chief Executive Officer JOHN KIMBLE Executive Vice President & Chief Financial Officer 2 SAFE HARBOR STATEMENT The Company would like to point out that any comments made about JAKKS Pacific's future performance, events or circumstances, including the estimates of sales and/or Adjusted EBITDA in 2025, ...

Jakks Pacific (JAKK) came out with a quarterly loss of $0.67 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to loss of $1.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1,240%. A quarter ago, it was expected that this toymaker would post earnings of $3.55 per share when it actually produced earnings of $4.79, delivering a surprise of 34.93%.Over the last four quarters, the company has surp ...

Exhibit 99.1 JAKKS PACIFIC REPORTS FOURTH QUARTER AND FULL-YEAR 2024 FINANCIAL RESULTS Board of Directors approves initiation of quarterly cash dividend program Santa Monica, California, February 20, 2025 – JAKKS Pacific, Inc. (Nasdaq: JAKK) today reported financial results for the fourth quarter and fiscal year ended December 31, 2024. Fourth Quarter 2024 Full-Year 2024 Management Commentary "As we leave 2024, we are pleased with both the financial results we have achieved and the foundation we have establ ...

Core Insights - JAKKS Pacific, Inc. has initiated a quarterly cash dividend program of $0.25 per share, reflecting the company's positive financial outlook and debt-free status as it enters 2025 [4][5][6]. Financial Performance - For Q4 2024, net sales reached $130.7 million, a 3% increase year-over-year, while full-year sales totaled $691.0 million, down 3% from the previous year [9][21]. - The Toys/Consumer Products segment reported net sales of $118.2 million in Q4, a 1% decrease, while the Costumes segment saw a significant increase of 46% to $12.5 million [9][21]. - Gross margin improved to 27.2% in Q4, up 70 basis points from Q4 2023, and the full-year gross margin was 30.8%, down from 31.4% the previous year [9][21]. Operational Highlights - The company achieved a global FOB (freight on board) sales level of over 75% in 2024, a significant milestone not reached in many years [5]. - International sales outside North America increased by 25% in Q4, driven primarily by growth in Europe, although full-year international sales were down 1% [6][9]. Cash Flow and Balance Sheet - As of December 31, 2024, cash and cash equivalents totaled $70.1 million, a slight decrease from $72.6 million in 2023, despite utilizing $20 million for preferred stock elimination [7][9]. - The company reported an operating loss of $14.7 million in Q4 2024, an improvement from a loss of $15.3 million in Q4 2023 [9][21]. Future Outlook - The management expressed optimism about future growth, focusing on international expansion, partnerships with global licensors, and product line diversification [4][5].

Group 1 - JAKKS Pacific, Inc. will announce its fourth quarter and full year 2024 financial results on February 20, 2025, after the stock market closes [1] - A teleconference and webcast will be held at 5:00 p.m. ET / 2:00 p.m. PT on the same day to discuss the results and future plans [2] - The company is a leading designer, manufacturer, and marketer of toys and consumer products, headquartered in Santa Monica, California [3] Group 2 - JAKKS Pacific's proprietary brands include AirTitans®, Disguise®, Fly Wheels®, and many others, along with a range of entertainment-inspired products [3] - The company aims to make a positive impact on the lives of children through its products and charitable donations [3] - Investors can access the teleconference via a registration link and a replay will be available for a limited time [2]

JAKKS Pacific Unveils Exciting New Toy Line for Upcoming Dog Man Movie JAKKS Pacific Unveils Exciting New Toy Line for Upcoming Dog Man Movie from DreamWorks, Universal, and Dav Pilkey's Bestselling Book Series SANTA MONICA, Calif., Feb. 03, 2025 (GLOBE NEWSWIRE) -- JAKKS Pacific (NASDAQ: JAKK) proudly announces the launch of its first complete line of figures and plush toys inspired by Dav Pilkey’s bestselling Dog Man graphic novel series and the highly anticipated Dog Man theatrical release from Drea ...

SANTA MONICA, Calif., Feb. 03, 2025 (GLOBE NEWSWIRE) -- JAKKS Pacific (NASDAQ:JAKK) proudly announces the launch of its first complete line of figures and plush toys inspired by Dav Pilkey's bestselling Dog Man graphic novel series and the highly anticipated Dog Man theatrical release from DreamWorks Animation and Universal Pictures. Rolling out launches across major retailers, including Amazon, Walmart, and Target, JAKKS is seeing encouraging sales trends in the toy aisle since the mid-January release date ...