earnings
confidence high
sentiment positive
materiality 0.70
JAKKS Pacific Q4 sales up 47% to $188M; net loss narrows to $3.5M; adjusted EPS $0.14
JAKKS PACIFIC INC
2022-FY EPS reported
-$0.98
revenue$621,116,000
- Q4 net sales $188.0M vs $128.3M a year ago (+47%); gross margin 26.6% hit by 950+ bps freight cost increase.
- Q4 net loss attributable to common stockholders $3.5M ($0.37/share) vs loss $11.7M ($2.55/share) a year ago.
- Adjusted net income $1.3M ($0.14/share) vs adjusted loss $3.6M ($0.80/share) in Q4 2020.
- Full-year net sales $621.1M (+20% YoY); operating income $38.8M (highest in 10+ years); adjusted net income $23.6M ($2.59/diluted share).
- Management implemented price increase for H2 2022 to offset soaring freight costs; liquidity $102M.