secwatch.observer — SEC 8-K summary
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Issuer:     JAKKS PACIFIC INC (JAKK)
CIK:        0001009829
Form:       8-K
Filed at:   2022-02-17T23:59:59+00:00
Accession:  0001185185-22-000210
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

JAKKS Pacific Q4 sales up 47% to $188M; net loss narrows to $3.5M; adjusted EPS $0.14
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1009829/000118518522000210/0001185185-22-000210-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1009829/000118518522000210/jakkspacif20220215_8k.htm
  HTML page:      https://secwatch.observer/filing/0001185185-22-000210

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