secwatch.observer — SEC 8-K summary
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Issuer:     JAKKS PACIFIC INC (JAKK)
CIK:        0001009829
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0001185185-24-001049
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

JAKKS Q3 net sales up 4% to $321.6M; diluted EPS $4.64 vs $4.53
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- Toys/Consumer Products segment up 7% to $264.3M; Costumes down 10% to $57.3M.
- Operating income rose 9% to $68.1M (21.2% margin); gross margin 33.8% (down 70 bps).
- Adjusted diluted EPS $4.79; adjusted EBITDA $74.4M vs $67.1M in Q3 2023.
- Cash and equivalents $22.3M, down from $96.4M a year ago; inventory $63.5M.
- Management sees plan on track, building momentum for robust 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1009829/000118518524001049/0001185185-24-001049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1009829/000118518524001049/jakkspacif20241028_8k.htm
  HTML page:      https://secwatch.observer/filing/0001185185-24-001049

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