SANTA MONICA, Calif., Feb. 26, 2026 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ: JAKK) a top manufacturer of toys and consumer products, and its costume division, Disguise, announced today a new licensing agreement with VIZ Media for Naruto, one of the best-selling and most beloved anime franchises of all time. Through the partnership, JAKKS will design, manufacture, market, and sell action figures, playsets, role-play items, and costumes, for Naruto in the United States and Canada. The all-new products ...

SANTA MONICA, Calif., Feb. 25, 2026 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ: JAKK), a leading global manufacturer of toys and consumer products, today announced an exciting new partnership with Crunchyroll, the global brand fueling anime fandom, to design, manufacture, market, and sell an all-new extensive line of toys, cosplay, and collectibles based on popular anime properties from Crunchyroll’s library. Under the agreement, JAKKS will become one of the major US manufacturers to bring official Cru ...

New Global Distribution Across Venue Sales, Direct-to-Consumer, and Retail ChannelsSANTA MONICA, Calif., Feb. 24, 2026 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ: JAKK), a leading global manufacturer of toys and consumer products, and COVER Corporation, the Japanese public company behind the globally renowned hololive production, today announced a groundbreaking partnership to create and distribute officially licensed hololive consumer products in North America. Under the agreement, JAKKS Pacific will ...

Group 1: JAKKS Pacific, Inc. - JAKKS Pacific, Inc. is currently trading at $22.47 with a target price of $17.81, indicating a potential downside of 20.72% [1][5] - Investment analysts hold pessimistic views on JAKK, resulting in its exclusion from coverage [1] Group 2: Funko, Inc. - Funko, Inc. is trading at $5.24 with a target price of $5.63, suggesting a potential upside of 7.37% [2][5] - Funko is recognized for its pop culture-themed collectibles, which have gained popularity among consumers [2] Group 3: Flexsteel Industries, Inc. - Flexsteel Industries, Inc. is trading at $53.33 with a target price of $75.52, offering a substantial growth potential of 41.62% [3][5] - Flexsteel has the highest target price change among its peers, indicating strong growth prospects in the furniture industry [3] Group 4: Designer Brands Inc. - Designer Brands Inc. is trading at $7.56 with a target price of $4.55, suggesting a potential downside of 39.81% [4] - DBI's negative growth potential reflects challenges in the retail sector, similar to JAKK's situation [4]

Core Insights - JAKKS Pacific, Inc. has launched a next-generation cultural platform focused on anime, manga, and digital creators, marking a significant strategic initiative for the company [3][4] - This investment positions JAKKS at the forefront of a rapidly growing segment in global entertainment, aiming for sustained global growth and long-term shareholder value [4][6] Strategic Partnerships and Product Offerings - The platform will involve collaborations with top-tier partners across various sectors, including fandom engagement, licensing, and live entertainment, to create a diverse portfolio of collectibles and products [5][9] - Initial product launches are expected in 2027, with further details on partnerships and product lines to be announced throughout 2026 [10] Market Opportunities - JAKKS identifies a significant opportunity in live-event and influencer merchandising, targeting high-growth markets that have previously lacked premium product offerings [7] - The company aims to enhance consumer engagement and capitalize on record levels of interest in anime and manga [7] Distribution Strategy - A new global distribution infrastructure is being implemented to improve speed-to-market and expand reach across various consumer touchpoints [8] - This multi-layered network will include direct-to-consumer and experiential retail channels [8] Long-term Growth Strategy - The initiative represents a fundamental evolution in JAKKS' growth strategy, focusing on building a durable platform that can outperform traditional product cycles [9] - The company emphasizes its commitment to innovation and operational excellence in expanding its brand leadership [9]

Financial Performance - Net sales for Q4 2025 were $127.1 million, a year-over-year decrease of 3%[5] - Full-year net sales decreased by 17% to $570.7 million compared to $691.0 million in 2024[5] - Net sales for Q4 2025 were $127.1 million, a decrease of 3% from $130.7 million in Q4 2024; for the full year, net sales dropped 17% to $570.7 million from $691.0 million[20] - Year-to-date net sales for 2025 were $570,671,000, down 17.4% from $691,042,000 in 2024[26] - Sales in the United States decreased by 8% in Q4 and 24% for the full year compared to the previous year[8] - Sales in the United States for Q4 2025 were $86,155,000, a decline of 7.8% from Q4 2024[26] - Latin America saw a significant increase in Q4 2025 sales, rising 106.2% to $8,849,000 compared to Q4 2024[26] Profitability Metrics - Gross margin improved to 31.0%, up 380 basis points compared to Q4 2024[5] - Adjusted EBITDA for Q4 2025 was $(3.8) million, an improvement of $6.3 million from $(10.2) million in Q4 2024[5] - Adjusted EBITDA for Q4 2025 was $(3.8) million, an improvement from $(10.2) million in Q4 2024; full-year adjusted EBITDA decreased to $35.4 million from $59.3 million[23] - Gross profit increased by 11% to $39.4 million in Q4 2025, compared to $35.6 million in Q4 2024; however, full-year gross profit decreased by 13% to $185.1 million from $213.0 million[20] - Adjusted net income for the full year was $18.6 million, down from $42.6 million in 2024[5] - The company reported a net loss of $5.3 million in Q4 2025, a 42% improvement from a net loss of $9.1 million in Q4 2024; for the full year, net income decreased by 71% to $9.9 million from $34.2 million[20] - Earnings per share (EPS) for Q4 2025 were $(0.47), compared to $(0.83) in Q4 2024; full-year EPS was $0.88, down from $3.27[20] - Adjusted earnings per share (basic) for Q4 2025 was $(0.18), improving from $(0.67) in Q4 2024[24] Expenses and Cost Management - Operating loss in Q4 2025 was $8.6 million, an improvement of $6.1 million from a loss of $14.7 million in Q4 2024[5] - Direct selling expenses decreased by 15% to $15.5 million in Q4 2025, while general and administrative expenses increased slightly by 1% to $32.3 million[20] - The cost of sales as a percentage of net sales improved to 69.0% in Q4 2025 from 72.8% in Q4 2024, indicating better cost management[21] - Interest income decreased by 47% to $0.2 million in Q4 2025, while interest expense decreased by 56% to $0.1 million[20] - Restricted stock compensation expense increased to $10,913,000 from $9,535,000, an increase of $1,378,000[24] Shareholder Returns - Cash returned to shareholders was $11.2 million, equating to $1 per common share[5] - The company declared a quarterly dividend of $0.25 per share, payable on March 30, 2026[9] Market Outlook - The overall market outlook remains cautious, with the company focusing on cost control and potential new product developments to drive future growth[20]

分组1 - Jakks Pacific reported a quarterly loss of $0.18 per share, significantly better than the Zacks Consensus Estimate of a loss of $1.01, and an improvement from a loss of $0.67 per share a year ago, resulting in an earnings surprise of +82.18% [1] - The company achieved revenues of $127.11 million for the quarter ended December 2025, exceeding the Zacks Consensus Estimate by 8.03%, although this represents a decline from year-ago revenues of $130.74 million [2] - Over the last four quarters, Jakks has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] 分组2 - The stock has gained approximately 5% since the beginning of the year, outperforming the S&P 500, which has gained 0.5% [3] - The current consensus EPS estimate for the upcoming quarter is $0.14 on revenues of $112.66 million, and for the current fiscal year, it is $3.10 on revenues of $613.25 million [7] - The Toys - Games - Hobbies industry, to which Jakks belongs, is currently ranked in the bottom 2% of over 250 Zacks industries, indicating a challenging environment for the sector [8]

JAKKS Pacific (NasdaqGS:JAKK) Q4 2025 Earnings call February 19, 2026 05:00 PM ET Company ParticipantsJohn Kimble - CFOStephen Berman - Chairman, CEO, and Co-FounderConference Call ParticipantsEric Beder - CEO and Senior Research AnalystGerrick Johnson - Managing Director and Senior Equity AnalystModeratorAfternoon, everyone. Welcome to the JAKKS Pacific fourth quarter and full year 2025 earnings conference call with management, who will review financial results for the quarter ended December 31st, 2025. JA ...

Financial Data and Key Metrics Changes - The company reported a total sales decline of 2.8% year-over-year to $127.1 million in Q4 2025, compared to $127.4 million in Q4 2024 [6][8] - Gross margin for the full year improved to 32.4%, up from 30.8% in the previous year, marking the highest level in over 15 years [11][13] - Adjusted EBITDA loss for Q4 was reduced to $3.8 million, compared to a loss of $10.2 million in the same quarter last year [11][12] - Full year adjusted EPS dropped to $1.62 from $3.79 in 2024, with a diluted share count of approximately 11.5 million shares [16] Business Line Data and Key Metrics Changes - The action play and collectibles business saw a 19% year-over-year increase in Q4, driven by the Super Mario Galaxy film [12] - The costume business declined by 10% for the full year, with international sales slightly offsetting U.S. results [8] - The toy and consumer product business experienced a 19% decline for the full year, with all divisions down between 9% and 23% [8] Market Data and Key Metrics Changes - U.S. sales in Q4 decreased by 7.8% to $86.2 million, attributed to higher tariffs and slower sell-throughs [7] - International sales increased by 9.9% to $41 million in Q4, with Europe remaining flat and Latin America showing significant growth [8] - The total rest of world business for the full year was $154.1 million, up 5.5% from the prior year, led by a 14% increase in Europe [8] Company Strategy and Development Direction - The company is focused on long-term value creation despite short-term financial pressures from tariffs, emphasizing margin integrity over top-line growth [4][5] - A significant new initiative is planned for 2027, with ongoing efforts to deepen relationships with factories, licensors, and retail partners [4] - The company aims to expand its market presence in high-growth regions, particularly Eastern Europe and the Middle East, through a unified go-to-market approach [10] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges faced in 2025 but expressed confidence in the company's adaptability and resilience [10] - The company anticipates a low- to mid-single-digit top-line growth year in 2026, with a continued focus on margin expansion [29] - Management highlighted the importance of maintaining a strong balance sheet to leverage new licensing opportunities and partnerships [41] Other Important Information - The company paid $1 per share in dividends for the first full year as a cash dividend payer, while maintaining a debt-free balance sheet [5] - The company generated over $8 million in cash flow from operations while funding $11.2 million in common dividend payments [18] Q&A Session Summary Question: Discussion on the FOB model and its adjustments - Management confirmed a continued focus on an FOB-first business model, adapting to tariff impacts while maintaining close relationships with retailers [34][35] Question: International opportunities with FOB - The company is expanding distribution centers in strategic areas to support growth in smaller markets, balancing FOB and domestic inventory [37][38] Question: Financial leverage and new licenses - A strong balance sheet has allowed the company to build relationships with licensors, focusing on margin enhancement rather than top-line revenue [40][41] Question: Q1 performance expectations - Management noted that Q1 is typically the smallest quarter, with expectations of momentum from new product launches but not overly fixating on Q1 results [42][43] Question: Retail inventory and promotional activity - Retail inventory levels are tight, with the company avoiding excessive promotional activity to maintain profitability [54][56]

Financial Data and Key Metrics Changes - For Q4 2025, total company sales decreased by 2.8% year-over-year to $127.1 million, roughly flat compared to Q4 2023 sales of $127.4 million [6] - U.S. business sales in Q4 were down 7.8% to $86.2 million, attributed to higher tariff burdens and slower sell-throughs [6] - Gross margin for the full fiscal year was 32.4%, the highest level in over 15 years, up from 30.8% in the previous year [11][13] - Adjusted EBITDA loss for Q4 was reduced to $3.8 million, compared to a loss of $10.2 million in the same quarter last year [11] Business Line Data and Key Metrics Changes - Toy and consumer product net sales were approximately flat in Q4 at $118 million, down 0.2% from the prior year [5] - The costume business was down 10% for the full year, with a slight increase in international sales offsetting U.S. results [8] - Action play and collectibles business saw a 19% year-over-year increase in Q4, driven by the Super Mario Galaxy film [12] Market Data and Key Metrics Changes - Fourth quarter sales in the rest of the world increased by 9.9% to $41 million, with Europe showing a 14% increase to $81.4 million for the full year [7][8] - Retail inventory levels were down 21% year-over-year at one major retailer and down about 4% at another, indicating tight inventory management [52] Company Strategy and Development Direction - The company is focused on long-term value creation despite short-term financial pressures from tariffs, maintaining a disciplined approach to margin integrity [4] - Plans for significant new initiatives launching in 2027 are underway, with a focus on expanding strategic relationships and product offerings [4][10] - The company aims to leverage its strong balance sheet to enhance relationships with licensors and expand its product portfolio [39] Management's Comments on Operating Environment and Future Outlook - Management acknowledged 2025 as a disappointing year but expressed confidence in the company's adaptability and future growth opportunities [10] - The company anticipates a low- to mid-single-digit top-line growth year in 2026, with a continued focus on margin expansion [28] - Management highlighted the importance of maintaining a cash dividend policy while navigating a challenging operating environment [18] Other Important Information - The company returned $1 per share to shareholders as a cash dividend while preserving a debt-free balance sheet [5] - The first quarter dividend payment of $0.25 per common share has been approved, payable at the end of Q1 [18] Q&A Session Summary Question: Discussion on the FOB model and its adjustments - Management confirmed a continued focus on an FOB-first business model, adapting to tariff impacts while working closely with retailers to mitigate costs [32][34] Question: International opportunities with FOB - The company is expanding distribution centers in strategic areas to support growth in smaller markets, balancing FOB with domestic inventory [35][36] Question: Leveraging a strong balance sheet for new licenses - A strong balance sheet has allowed the company to build relationships with licensors, focusing on margin enhancement without sacrificing top-line revenue [38][39] Question: Conceptual flow of Q1 given last year's strong performance - Management noted that Q1 is typically the smallest quarter, but there is momentum from new product launches, and they are not overly fixated on Q1 results [40][41] Question: POS trends and retail inventory - Management indicated that POS was not as strong as desired, but inventory levels at retail are tight, reflecting a cautious approach to sales and profitability [52][54]