secwatch.observer — SEC 8-K summary
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Issuer:     JAKKS PACIFIC INC (JAKK)
CIK:        0001009829
Form:       8-K
Filed at:   2021-10-27T23:59:59+00:00
Accession:  0001185185-21-001531
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

JAKKS Pacific Q3 net sales $237M (-2.2% YoY); adjusted diluted EPS $3.76 vs $3.56; debt reduced 46%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1009829/000118518521001531/0001185185-21-001531-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1009829/000118518521001531/jakkspacif20211026_8k.htm
  HTML page:      https://secwatch.observer/filing/0001185185-21-001531

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