secwatch.observer — SEC 8-K summary
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Issuer:     JAKKS PACIFIC INC (JAKK)
CIK:        0001009829
Form:       8-K
Filed at:   2025-02-20T23:59:59+00:00
Accession:  0001185185-25-000146
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

JAKKS Pacific FY net income $35.3M, Q4 loss $0.83; initiates $0.25 quarterly dividend; execs extended
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- Q4 net sales $130.7M (+3% YoY); net loss $9.1M ($0.83/diluted) vs prior loss $11.3M ($1.12).
- Full-year net sales $691.0M (-3% YoY); net income $35.3M vs $36.9M; adjusted EBITDA $59.3M vs $75.7M.
- Board initiates $0.25/quarter dividend payable March 31, 2025 to record March 3, 2025; annualized $1.00/share.
- CEO Berman and CFO Kimble employment extended to March 2029; performance RSUs vest at stock price $45-$60.
- Year-end cash $70.1M, debt-free; used $20M in March 2024 to eliminate preferred stock.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1009829/000118518525000146/0001185185-25-000146-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1009829/000118518525000146/jakk8k021925.htm
  HTML page:      https://secwatch.observer/filing/0001185185-25-000146

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