JAKKS Pacific(JAKK) - 2024 Q2 - Quarterly Results

Exhibit 99.1 JAKKS PACIFIC REPORTS SECOND QUARTER 2024 FINANCIAL RESULTS Gross Margin Rate Improves 130 Basis Points vs. Prior Year SANTA MONICA, Calif., July 31, 2024 – JAKKS Pacific, Inc. (NASDAQ: JAKK) today reported financial results for the second quarter ended June 30, 2024. First-half net sales for JAKKS Pacific, Inc. were $238.7 million, a year-over-year decrease of 13.0%, primarily attributable to a lack of new content-related product launches, which occurred in the first half of last year. Second ...