Core Insights - JAKKS Pacific, Inc. reported Q4 and full-year 2025 financial results, showing a bottom-line growth despite challenges from tariff policies [1][4] - The company declared a quarterly cash dividend of $0.25 per share, marking its first full year as a cash dividend payer [7] Q4 2025 Financial Performance - Q4 net sales were $127.1 million, a decrease of 2.8% year-over-year, with Toys/Consumer Products division net sales at $118.0 million, down 0.2% from the previous year [5][9] - Gross margins improved to 31.0%, up 380 basis points compared to Q4 2024, with gross profit increasing by 11% to $39.4 million [9] - Operating loss for Q4 was $8.6 million, an improvement from a loss of $14.7 million in Q4 2024 [9] Full-Year 2025 Financial Performance - Full-year net sales decreased by 17% to $570.7 million, with Toys/Consumer Products net sales down 19% to $461.9 million [9][27] - Gross margin for the full year was 32.4%, compared to 30.8% in 2024, with gross profit declining by 13% to $185.1 million [9] - Net income attributable to common stockholders was $9.9 million, down from $35.3 million in 2024 [9] Geographic Sales Performance - U.S. sales fell by 8% in Q4 and 24% for the full year, while international sales increased by 10% in Q4 and 6% for the full year, primarily driven by Europe [6][27] - In Q4, sales in Europe were stable, while Latin America saw a significant increase of 106.2% [27] Inventory and Cash Flow - Inventory as of December 31, 2025, was $59.8 million, up from $52.8 million in 2024, attributed to an expanded warehouse network in the EU [6] - Cash returned to shareholders totaled $11.2 million, with end-of-year cash and cash equivalents at $54.1 million, down from $70.1 million in 2024 [9]

Group 1 - JAKKS Pacific, Inc. will announce its fourth quarter and full-year 2025 financial results on February 19, 2026, after the stock market closes [1] - A teleconference is scheduled for February 19, 2026, at 5:00 p.m. ET to discuss the financial results and future plans, with a live webcast available on the company's Investor Relations page [2] - JAKKS Pacific is a leading designer, manufacturer, and marketer of toys and consumer products, headquartered in Santa Monica, California, with popular proprietary brands and a commitment to positively impacting children's lives [3]

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].