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JAKKS Pacific: Caught In Tariff Turmoil (Rating Downgrade)
Seeking Alpha· 2025-07-26 03:04
Company Overview - JAKKS Pacific, Inc. reported concerning Q2 results, indicating significant tariff turbulence due to sourcing from China [1] - The company previously experienced strong operational momentum with content-led sales growth, but this momentum is now challenged [1] Industry Context - The toy industry is facing challenges related to tariffs and sourcing issues, particularly from China, impacting companies like JAKKS Pacific [1]
JAKKS Pacific Reveals All-New SUPER MARIO, THE SIMPSONS, DC X SONIC THE HEDGEHOG, BENDY and DOG MAN Toys and Collectibles at San Diego Comic-Con 2025
Globenewswire· 2025-07-25 19:00
SANTA MONICA, Calif., July 25, 2025 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ: JAKK) today, during a special panel at San Diego Comic-Con unveiled an all-new dynamic lineup inspired by iconic franchises including Super Mario, The Simpsons, DC x Sonic the Hedgehog, Bendy, and Dog Man. The crowd went wild with excitement for the Super Mario Big Bad Bowser, a towering 12-inch tall figure with sound effects, “fire breathing” light feature and slashing arms, storming exclusively into Costco this fall. Your ...
Mohawk's Q2 Earnings & Revenues Beat Estimates, Stock Up
ZACKS· 2025-07-25 17:51
Core Viewpoint - Mohawk Industries, Inc. reported second-quarter 2025 results with earnings and net sales exceeding Zacks Consensus Estimate, although the top line remained flat year-over-year and the bottom line decreased [1][10]. Financial Performance - Adjusted earnings per share (EPS) were $2.77, beating the Zacks Consensus Estimate of $2.62 by 5.7%, while the previous year's adjusted EPS was $3 [5]. - Net sales reached $2.8 billion, surpassing the consensus estimate of $2.79 billion by 0.4%, but remained flat year-over-year, with an adjusted decline of 0.8% [5]. - Adjusted gross margin contracted by 70 basis points to 26.4%, and adjusted operating margin decreased by 120 basis points to 8% [6]. Segment Performance - Global Ceramic segment sales totaled $1.12 billion, up 0.5% year-over-year, with adjusted operating income decreasing to $90.3 million [7]. - Flooring North America segment net sales were $946.8 million, down 1.2% year-over-year, with adjusted operating profit declining to $69.2 million [8]. - Flooring Rest of the World segment net sales increased by 1% year-over-year to $734.4 million, but adjusted operating income fell to $76.4 million [9]. Operational Strategies - The company is focusing on cost control, operational efficiency, and market development to navigate industry challenges, including inflation and weak consumer confidence [12]. - Mohawk is implementing productivity measures and restructuring efforts expected to yield about $100 million in savings this year [14]. - The company is enhancing its product mix with premium offerings and improving supply chain processes to offset pricing pressures [3][13]. Future Outlook - For Q3, Mohawk expects adjusted EPS in the range of $2.56-$2.66, compared to the previous year's figure of $2.9, not accounting for potential new tariffs [15].
Jakks Pacific (JAKK) Surpasses Q2 Earnings Estimates
ZACKS· 2025-07-24 22:41
Jakks Pacific (JAKK) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of a loss of $0.38 per share. This compares to earnings of $0.65 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +107.89%. A quarter ago, it was expected that this toymaker would post a loss of $0.72 per share when it actually produced a loss of $0.03, delivering a surprise of +95.83%.Over the last four quarters, the ...
JAKKS Pacific(JAKK) - 2025 Q2 - Earnings Call Transcript
2025-07-24 22:00
JAKKS Pacific (JAKK) Q2 2025 Earnings Call July 24, 2025 05:00 PM ET Speaker0Good afternoon, everyone. Welcome to the JAK Pacific Second Quarter twenty twenty five Earnings Conference Call with Management, who will review financial results for the quarter ended 06/30/2025. JAKKS issued its earnings press release earlier today. The earnings release and presentation slides related to today's call are available on the company's recently remodeled website in the Investors section. On the call this afternoon are ...
JAKKS Pacific(JAKK) - 2025 Q2 - Earnings Call Presentation
2025-07-24 21:00
Second Quarter 2025 Earnings Presentation July 24, 2025 5:00 PM Eastern / 2:00 PM Pacific Registration: 2Q25 Registration link Webcast: 2Q25 Webcast link 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, a ...
JAKKS Pacific Reports Second Quarter 2025 Financial Results
Globenewswire· 2025-07-24 20:05
US Sales down in the Quarter; Rest of World up First-half Toy/Consumer Products sales flat to prior year SANTA MONICA, Calif., July 24, 2025 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ: JAKK) today reported financial results for the second quarter ended June 30, 2025. Second Quarter 2025 Net sales were $119.1 million, a year-over-year decrease of $29.5 million or 20%, driven largely by a reduction in direct-import sales due to higher cost of importation US net sales were $87.0 million, down 31% compared ...
Mattel Q2 Earnings Surpass Estimates, Revenues Decline Y/Y
ZACKS· 2025-07-24 13:51
Key Takeaways Mattel reported Q2 adjusted EPS of $0.19, beating estimates and matching the prior-year quarters figure.North America sales dropped 16% Y/Y, while international sales rose 7% on EMEA and Asia Pacific growth.Gross margin expanded 200 bps to 51.2% on cost savings, improved mix and lower inventory expenses.Mattel, Inc. (MAT) reported second-quarter 2025 results, with earnings beating the Zacks Consensus Estimate and revenues missing the same. The top line fell year over year, while the bottom lin ...
Tariff Uncertainty Hurt Toy Sales In Q2, Hasbro And Mattel Report
Forbes· 2025-07-24 11:45
Play-Doh Barbie, a Hasbro toy resulting from a rare collaboration with Mattel, is one of the toys ... More that could be hard to find during the holidays due to tariff impact.Joan VerdonSales of traditional toys by the country’s two largest toy manufacturers, Hasbro and Mattel, fell during the second quarter, due to delayed ordering by retailers worried about possible price increases, the companies said in releasing their earnings reports Wednesday.Both companies said they believe they are well positioned t ...
X @Investopedia
Investopedia· 2025-07-24 07:00
Retailers have pushed back holiday orders because of tariffs, and that may complicate replenishment, Hasbro says. https://t.co/CWILrjxQy7 ...