earnings
confidence high
sentiment positive
materiality 0.75
JAKKS Pacific Q3 net sales $237M (-2.2% YoY); adjusted diluted EPS $3.76 vs $3.56; debt reduced 46%
JAKKS PACIFIC INC
2021-Q3 EPS reported
-$0.56
revenue$433,152,000
- Q3 net sales $237.0M (down 2.2% YoY); year-to-date sales up 11.8% to $433.2M.
- Adjusted diluted EPS $3.76 vs $3.56 in Q3 2020; GAAP net income $36.0M ($3.97 diluted EPS).
- Costumes segment net sales $64.0M (+16.4% YoY); gross margin improved 82 bps to 31.6%.
- Debt reduced to $95.8M after convertible note conversion; YTD Adjusted EBITDA $44.2M (+80%).
- Supply-chain bottlenecks weighed on Q3 sales; strong Halloween sell-through; new holiday products.