JAKKS Pacific (JAKK) Stock

Examine Jakks' (JAKK) international revenue patterns and their implications on Wall Street's forecasts and the prospective trajectory of the stock.

JAKKS Pacific, Inc. (NASDAQ:JAKK ) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Stephen Berman - Chairman & Chief Executive Officer John Kimble - Chief Financial Officer Conference Call Participants Eric Beder - Small Cap Consumer Research Tom Forte - The Maxim Group Eric Wold - B. Riley Securities Operator Good day, and thank you for standing by.

JAKKS Pacific's Q2 report beat Wall Street expectations with great evergreen sales growth momentum, under a temporarily weak content-led sales performance. Cost inflation was a slight shadow in the report, potentially pushing the sustainable margin level back. The stock still trades at a cheap valuation, with a content-led sales recovery and sustained other revenues posing upside.

Jakks Pacific (JAKK) came out with quarterly earnings of $0.65 per share, missing the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $1.26 per share a year ago.

JAKKS Pacific's (JAKK) second-quarter performance is likely to have been negatively impacted by strong headwinds from seasonality, increased investments and shifting of market dynamics.

SANTA MONICA, Calif., July 12, 2024 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ: JAKK) will announce its second quarter 2024 financial results on Wednesday, July 31, 2024 after the close of the stock market. The Company will hold a teleconference and webcast to discuss the results, and may also discuss future plans and prospects.

Margin pressures and a shift in market dynamics are dampening JAKKS Pacific's (JAKK) growth prospects. Also, cash flow issues persist.

JAKKS Pacific (JAKK) secures a multi-year licensing deal with Aniplex to produce Demon Slayer costume accessories for global markets by 2025.

JAKKS Pacific's (JAKK) emphasis on licensing partnerships and international footprint bodes well.