secwatch.observer — SEC 8-K summary
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Issuer:     JAKKS PACIFIC INC (JAKK)
CIK:        0001009829
Form:       8-K
Filed at:   2021-07-28T23:59:59+00:00
Accession:  0001157523-21-000941
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

JAKKS Pacific Q2 net sales up 43% to $112.4M; gross margin +710 bps YoY
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- Net sales $112.4M (+43% YoY, +18% vs 2019); Toys/Consumer Products up 45%, Costumes up 37%.
- Gross margin 28.4% (up 710 bps YoY); highest Q2 gross margin since 2016.
- Net loss $15.4M ($2.48/share); adjusted net loss $2.3M ($0.38/share). Adjusted EBITDA $5.0M vs negative $4.6M last year.
- Refinanced long-term debt to 2027 at 7.5% (from 10.5%); convertible debt accelerated to Sept 2021, $2.9M outstanding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1009829/000115752321000941/0001157523-21-000941-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1009829/000115752321000941/a52465814.htm
  HTML page:      https://secwatch.observer/filing/0001157523-21-000941

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer