Financial Performance - Net sales for Q1 2025 were $113.3 million, a 26% increase from $90.1 million in Q1 2024[8] - Gross profit reached $39.0 million, up $17.9 million compared to $21.1 million in Q1 2024, with a gross margin of 34.4% versus 23.4% in the prior year[6] - Operating loss improved to $3.8 million from an operating loss of $21.3 million in Q1 2024[6] - Adjusted net loss attributable to common stockholders was $0.4 million (or $0.03 per share), significantly better than an adjusted net loss of $11.3 million (or $1.09 per share) in Q1 2024[6] - Adjusted EBITDA for Q1 2025 was $354,000, a substantial improvement from $(17,235,000) in Q1 2024, reflecting a 1940 basis points increase[26] - Net loss attributable to common stockholders decreased to $(2,382,000) from $(13,175,000), an 82% improvement[26] - Loss per share improved to $(0.21) from $(1.27) in the previous year[23] Sales Growth - International sales increased to $21.0 million, up from $16.3 million last year, with Europe showing over 100% growth from $5.7 million to $11.8 million[8] - Sales in the United States grew by 26.3% to $88,944,000 compared to $70,430,000 in Q1 2024[28] - The Dolls, Role-Play/Dress Up division saw a 36.7% increase in sales to $55,463,000 from $40,574,000[28] - Europe experienced a significant sales increase of 105.9% to $11,810,000 from $5,735,000[28] Financial Stability - Cash and cash equivalents totaled $59.4 million as of March 31, 2025, compared to $35.5 million a year earlier[9] - Inventory was $53.2 million, up from $46.3 million in Q1 2024[9] - The company eliminated all long-term debt in 2023, enhancing its financial stability[4] Dividend Declaration - The company declared a quarterly dividend of $0.25 per share, payable on June 27, 2025[7] Strategic Focus - JAKKS Pacific is focusing on growth opportunities in Europe and Latin America, which are currently delivering real growth[5] Cost Management - The overall cost of sales as a percentage of net sales decreased to 65.6% from 76.6% year-over-year[24]

Core Viewpoint - JAKKS Pacific, Inc. reported a strong financial performance for Q1 2025, with net sales increasing by 26% year-over-year, driven by consumer demand and successful product launches, while also declaring a quarterly dividend of $0.25 per share [1][6][9]. Financial Performance - Net sales for Q1 2025 were $113.3 million, up from $90.1 million in Q1 2024, representing a 26% increase [7][9]. - The Toys/Consumer Products segment saw a 30% increase in sales globally, totaling $107.4 million, while the Costumes segment experienced a 19% decline to $5.8 million [7][30]. - North American sales rose to $92.2 million from $73.8 million, and international sales increased to $21.0 million from $16.3 million, with Europe showing over 100% growth [7][30]. Profitability Metrics - Gross profit for Q1 2025 was $39.0 million, an increase of $17.9 million compared to $21.1 million in Q1 2024, with a gross margin of 34.4%, up from 23.4% [9][24]. - The operating loss improved to $3.8 million from a loss of $21.3 million in Q1 2024 [9][24]. - Adjusted net loss attributable to common stockholders was $0.4 million (or $0.03 per share), significantly better than the adjusted net loss of $11.3 million (or $1.09 per share) in Q1 2024 [9][28]. Balance Sheet and Cash Position - Cash and cash equivalents totaled $59.4 million as of March 31, 2025, compared to $35.5 million a year earlier [8][19]. - The company eliminated all long-term debt in 2023 and repurchased preferred stock, resulting in a strong balance sheet [4][6]. Strategic Outlook - Management expressed confidence in the company's ability to navigate market challenges, highlighting growth opportunities in Europe and Latin America [5][6]. - The company is focused on maintaining a strong liquidity position and a prudent capital structure to support future investments [4][6]. Dividend Declaration - The Board of Directors declared a quarterly dividend of $0.25 per share, payable on June 27, 2025, to shareholders of record on May 30, 2025 [6].

Core Insights - Disguise, Inc. has secured a multi-year licensing agreement with SEGA of America, granting exclusive rights to create Sonic the Hedgehog costumes for distribution in North America, Europe, EMEA, and LATAM [1][2][3] Group 1: Licensing Agreement - The agreement allows Disguise to be the sole costume manufacturer for Sonic the Hedgehog, enhancing its portfolio and market presence [1][3] - Disguise has previously developed costume lines for major Sonic properties, receiving positive fan feedback, which solidifies its reputation in the costume industry [2][4] Group 2: Strategic Importance - The acquisition of sole rights to Sonic the Hedgehog aligns with Disguise's global distribution strategy, indicating a focus on expanding its market reach [3] - The partnership with SEGA is expected to enhance the quality and variety of Sonic-themed costumes and accessories, leveraging innovative materials and manufacturing techniques [3][4] Group 3: Industry Position - Disguise is recognized as a leader in licensed costume design, with a commitment to excellence and a growing global distribution network [4]

Core Insights - Disguise, Inc. has secured North American rights to design, develop, manufacture, and distribute costumes and accessories for the PAW Patrol brand, including the upcoming PAW Patrol: The Dino Movie set to release on July 31, 2026 [1][3] - The company will launch a refreshed core costume line in fall 2025, followed by a new collection inspired by the Dino Movie in 2026, marking a significant expansion of its costume rights for the entire PAW Patrol portfolio [2][4] - PAW Patrol is a leading animated preschool series with a global reach, adored by over 350 million households, and the upcoming film is expected to be a major box-office success [3][4] Company Overview - Disguise, Inc. is a leader in the dress-up and roleplay industry, creating innovative costumes and accessories since 1987, and produces millions of costumes annually for various licensed brands [10] - JAKKS Pacific, Inc., the parent company of Disguise, is a prominent designer and manufacturer of toys and consumer products, with a diverse portfolio that includes proprietary brands and licensed properties [9] - Spin Master Corp. is a global children's entertainment company known for its award-winning brands, including PAW Patrol, and has produced multiple successful television series and films [6]

Company Announcement - JAKKS Pacific, Inc. will announce its first quarter 2025 financial results on April 29, 2025, after the stock market closes [1] - A teleconference and webcast will be held to discuss the results, along with potential future plans and prospects [1] Teleconference Details - The teleconference is scheduled for 5:00 p.m. ET / 2:00 p.m. PT on April 29, 2025 [2] - A live webcast will be available on the Company's "Investor Relations" page [2] - Participants are encouraged to join the call ten minutes early to avoid delays [2] Company Overview - JAKKS Pacific, Inc. is a leading designer, manufacturer, and marketer of toys and consumer products, headquartered in Santa Monica, California [3] - The company offers popular proprietary brands and a range of entertainment-inspired products featuring licensed properties [3] - JAKKS aims to positively impact children's lives through its products and charitable donations [3]

POWAY, Calif., April 07, 2025 (GLOBE NEWSWIRE) -- Disguise, Inc., the costume division of leading toy and consumer products company JAKKS Pacific, Inc. (NASDAQ:JAKK), and BBC Studios has extended their licensing partnership for the highly successful Bluey costume line in North America. Disguise is gearing up for the fall 2025 season with new styles and expanded distribution for high-quality Bluey costumes and accessories, ensuring fans of all ages can continue celebrating their favorite characters whether f ...

Core Insights - JAKKS Pacific, Inc. has launched a new Funzo Feature Plush inspired by "The Grift of the Magi" episode of THE SIMPSONS, available for pre-sale on Amazon for $49.99, with full release scheduled for fall 2025 [1][2][9] Product Highlights - The Funzo Feature Plush is 14 inches tall, features active facial expressions, launching missiles, and sound effects, including the phrase: "If you don't have Funzo, you're nothing!" [2] - The King Homer Collector Plush stands 16 inches tall, made of faux fur and premium soft boa, priced at $29.99 [2] - The Bartman Roto Plush is 9 inches tall, available exclusively at Walmart for $9.99 [3] - The 2.5-Inch Figures Wave 3 collection includes characters like Grampa Simpson and Bart with Krusty the Clown Hat, priced at $4.99 [4] - The 2.5-Inch Figures Wave 4 features Principal Skinner and Nelson Muntz, also available for $4.99 [5] - The Krusty Burger Diorama Set includes various accessories and a 2.5-inch Krusty figure, priced at $19.99 [6] - The 5-Inch Deluxe Figures Wave 3 includes characters like Baseball Homer and Marge Simpson, available for $12.99 [7] - The 5-Inch Deluxe Figures Wave 4 features Barney Gumble and Bart with Blue Shirt variant, also priced at $12.99 [8] Company Overview - JAKKS Pacific, Inc. is a leading designer, manufacturer, and marketer of toys and consumer products, headquartered in Santa Monica, California, with a focus on entertainment-inspired products [9]

Core Viewpoint - JAKKS Pacific, Inc. is undergoing a restructuring of its Board of Directors following the successful completion of its 2019 recapitalization transactions, with an annual meeting scheduled for June 20, 2025 [1][2]. Board Changes - The Board announced the planned departure of three directors appointed during the 2019 recapitalization, including Matthew Winkler, effective at the 2025 annual meeting [2]. - Two new candidates, Jonathan R. Liebman and Jordan Moelis, have been nominated to fill the vacancies in Class II of the Board, alongside Alexander Shoghi [3]. - The total number of directors on the Board will be reduced from seven to six, and the number of directors in Class III will be reduced to one [4]. Management Commentary - The Chairman and CEO, Stephen Berman, expressed confidence that the restructuring of the Board is a positive step for the company's growth, emphasizing the addition of qualified individuals to maximize shareholder returns [5]. Company Overview - JAKKS Pacific, Inc. is a leading designer, manufacturer, and marketer of toys and consumer products, headquartered in Santa Monica, California, with a diverse range of proprietary brands and licensed products [6].

Company Overview - JAKKS Pacific, Inc. is a leading designer, manufacturer, and marketer of toys and consumer products, headquartered in Santa Monica, California [6] - The company offers a variety of proprietary brands and entertainment-inspired products, including partnerships with major franchises [6] Product Launch - JAKKS Pacific, in collaboration with Warner Bros. Discovery Global Consumer Products, has launched a new line of Harry Potter House Robes, exclusively available at Walmart for $39.97 [1][2] - The robes are designed for authenticity and comfort, featuring embroidered house crests, colored lining, and a hidden wand pocket, making them suitable for cosplay and themed events [3][4] Market Positioning - The Harry Potter franchise remains a significant cultural phenomenon, with over 25 years of popularity, supported by various media including films, stage productions, and video games [7][8] - The new product line aims to cater to fans of all ages, enhancing their experience of the Harry Potter universe through high-quality merchandise [4][10] Strategic Partnerships - The collaboration with Warner Bros. Discovery Global Consumer Products allows JAKKS Pacific to leverage the extensive reach and popularity of the Harry Potter brand [1][11] - Warner Bros. Discovery Global Consumer Products is recognized for its innovative licensing and merchandising programs, enhancing the visibility of JAKKS Pacific's offerings [11]

Core Insights - JAKKS Pacific, Inc. is expanding its lifestyle product portfolio with a new line of beach and outdoor items exclusively available on Amazon [1][6] - The new product line includes a variety of items such as umbrellas, chairs, canopies, shelters, wagons, and mats [1][6] - The seasonal product segment has seen significant growth due to successful product launches in partnership with Authentic Brands Group [3] Product Details - The Roxy 2-Pack Beach Chairs are priced at $119.99, featuring adjustable seats and a foam-padded pillow for comfort [7] - The Roxy Surf's Up Beach Umbrella, priced at $99.99, offers 7 feet of coverage and UPF 50+ protection [7] - The Roxy Beach Wagon, priced at $129.99, has a weight capacity of 220 lbs and is designed for easy maneuverability [7] - The Quiksilver 10 Ft Beach Canopy is available for $129.99, providing shade for 4-6 people [7] - The Quiksilver Beach Shelter is priced at $99.99 and is made with water-resistant fabric [7] - The Roxy Deluxe Beach Mat, priced at $39.99, accommodates 4-6 adults and is machine washable [7] - The Quiksilver Oversized Lounger Float and Mini Lounger Float are both priced at $49.99, designed for comfort and convenience [7] Strategic Partnerships - The partnership with Authentic Brands Group combines JAKKS Pacific's design expertise with Authentic's brand portfolio and market reach [4] - The collaboration aims to expand product availability and enhance marketing efforts throughout 2025 [4] Company Overview - JAKKS Pacific, Inc. is a leading designer, manufacturer, and marketer of toys and consumer products, headquartered in Santa Monica, California [5] - The company offers a wide range of proprietary brands and licensed properties, contributing to its positive impact on children's lives [5] Authentic Brands Group Overview - Authentic Brands Group generates over $29 billion in global annual retail sales and has a retail presence in 150 countries [8] - The brand portfolio includes well-known names such as Quiksilver and Roxy, among others [9]