Tue, Apr. 21, 6:46 AM
- Jakks Pacific (NASDAQ:JAKK) reports sales rose 38% due to encouraging performances of Frozen and other Disney properties in Q1.
- The company saw positive momentum in its International business.
- Gross profit rate increased 243 bps to 30.98%.
- SG&A expense rate fell 755 bps to 26.93%.
- Inventory +0.82% Q/Q to $79.47M.
- FY2015 Guidance: Net sales: ~$730M to $740M; Diluted EPS: ~$0.71 to $0.75; Adjusted EBITDA: ~$56M to $58M.
Tue, Apr. 21, 6:01 AM
Mon, Apr. 20, 5:30 PM
Mon, Mar. 2, 7:01 AM| 1 Comment
Thu, Feb. 26, 7:51 AM
- B. Riley upgrades Jakks Pacific (NASDAQ:JAKK) to a Buy rating from Neutral.
- Earlier this week, Jakks Pacific reported another quarter of solid earnings.
- The improved macroeconomic backdrop in the U.S. and the enduring popularity of Frozen-related toys helped to boost demand for the company.
- Previously: JAKKS Pacific beats by $0.04, beats on revenue (Feb. 25 2015)
- Previously: Sales boom for Jakks Pacific in Q4 (Feb. 25 2015)
- JAKK +2.02% premarket.
Wed, Feb. 25, 6:51 AM
- Jakks Pacific (NASDAQ:JAKK) says its decision to build out inventory early helped it navigate around the West Coast ports issue in Q4.
- Sales rose 84% to $137.57M in the quarter, led by growth for toys tied to the Disney Frozen movie.
- Gross profit as a percentage of sales rose to 31.4% from 28.1% during the period as SG&A expenses remained tight.
- Inventory +68.5% to $78.827M.
- JAKK +2.95% premarket.
Wed, Feb. 25, 6:04 AM
Tue, Feb. 24, 5:30 PM
Wed, Feb. 18, 6:50 AM| Comment!
Wed, Feb. 4, 8:33 AM
- Habro (NASDAQ:HAS) and Jakks Pacific (NASDAQ:JAKK) are on watch after Disney reported strong demand for Frozen products once again during its FQ1.
- While the Frozen phenomenon has aided Hasbro and Jakks, it's been a different story at Mattel (NASDAQ:MAT) where Barbie is reeling and the company's CEO was shown the exit.
- Previously: Mattel has a Barbie plan (Jan. 27 2015)
- Previously: The toy story is changing (Jan. 26 2015)
Mon, Jan. 26, 10:36 AM
- Shares of Jakks Pacific (JAKK +0.4%) and LeapFrog (LF +0.4%) are higher despite the sharp guidance cut from toy maker Mattel.
- Both companies are viewed by analysts as strong in channels where Mattel is weak.
- The toy player which has wreaked the most havoc on Mattel (MAT -2%) is Disney (DIS -0.5%) with the Frozen doll phenomenon cutting deeply into Barbie sales over the last year and showing little signs of abating.
- M&A talk could pick up in the sector with some entertainment giants eyeing the success Disney has had integrating franchise film characters into toys.
- Talks on a DreamWorks Animation-Hasbro combination were active last fall.
- Previously: Mattel -10.6% after CEO resigns and guidance lowered
- Previously: Toy sales up 4% in 2014 (Jan. 20 2015)
Mon, Jan. 26, 6:50 AM| 1 Comment
Tue, Jan. 20, 3:59 PM
- Toy sales rose 4% to $18.08B in 2014, according to NPD Group.
- Frozen (NYSE:DIS) merchandise brought in close to $531M spread across 39 different toy categories.
- Mattel (NASDAQ:MAT), LeapFrog (NYSE:LF), and Jakks Pacific (NASDAQ:JAKK) showed strength in various categories.
- Samsung was also a factor in the toy market through strong demand for the kids Galaxy Tab 3.
Fri, Jan. 9, 5:11 PM
Nov. 28, 2014, 9:11 AM
- Piper Jaffray identifies a few early winners from the extended Black Friday shopping period.
- The investment firm thinks strong traffic at toy stores and a reigned-in level of promotional activity bodes well for Hasbro (NASDAQ:HAS), Mattel (NASDAQ:MAT), and Jakks Pacific (NASDAQ:JAKK).
- Several shopping deal blogs have noted that early demand for Disney (NYSE:DIS) Frozen princess dolls has exceeded the lofty expectations set for the product.
- Channel checks at U.S. retail outlets by Piper also found strong demand at beauty specialty stores. Ultra Salon (NASDAQ:ULTA) and Coty (NYSE:COTY) are tapped as two Thanksgiving-Black Friday winners.
Oct. 31, 2014, 11:47 AM
- The Barbie vs. Elsa sales trend looks to be extending into the holiday season.
- Hasbro (HAS +1.2%), Jakks Pacific (JAKK -1.4%), and Disney (DIS +1.3%) all saw a powerful sales boost from Frozen-related doll sales in Q3, while Mattel's (MAT +2.1%) Barbie brand slumped during the quarter.
- A scan of Google search tallies indicates Elsa is still taking Barbie market share just ahead of the crucial holiday season.
- Google Trends: Barbie, Elsa.
JAKK vs. ETF Alternatives
Jakks Pacific Inc is a toy company. The Company is engaged in the development, production and marketing of consumer products, including toys and related products, electronic products, pet toys and related products, and other consumer products.
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