Jordan Moelis
The Board approved the nomination of Messrs. Jonathan R. Liebman and Jordan Moelis as candidates for election to Class II of the Board
Highest-materiality recent filing
JAKKS Pacific swings to Q2 profit of $0.49 EPS; sales up 17% to $139.2M
Net sales $139.2M (+17% YoY); net income $5.9M ($0.49 diluted EPS) vs loss of $2.3M in Q2 2025.
JAKKS Pacific's say-on-pay proposal fails at annual meeting with 52% against
Class III director Lori MacPherson re-elected with 6,049,474 for, 2,802,028 withheld.
JAKKS Pacific Q1 net loss widens to $4.3M; sales down 6%; declares $0.25 dividend
Net sales $106.7M, down 6% YoY; Toys/Consumer Products down 7%, Costumes up 13%.
JAKKS Pacific sets 2026 EBITDA-based bonus targets for CEO and CFO
CEO Berman: $1.875M salary, max bonus $5.625M (300%) tied to EBITDA tiers.
JAKKS Pacific Q4 sales down 3%; full-year sales down 17%; dividend declared
Q4 net sales $127.1M (-3% YoY); Toys/Consumer Products flat at $118.0M, Costumes down 28%.
JAKKS Q3 net sales $211M (-34% YoY); adj. EPS $1.80 vs $4.79; dividend declared
Net sales $211.2M, down 34% YoY; US sales -40%, Rest of World -15%.
JAKKS Q2 net sales drop 20% to $119.1M; operating loss of $2.8M; declares $0.25 dividend
Net sales $119.1M, down 20% YoY; U.S. sales down 31%, Rest of World up 41%.
JAKKS Pacific refinances with $70M BMO cash-flow facility, replacing JPMorgan ABL
New $70M first-lien secured revolving credit facility with BMO Bank N.A., maturing June 2030.
Jakks Pacific shareholders elect all director nominees, ratify BDO USA, approve say-on-pay
Class II directors Shoghi, Liebman, Moelis elected with votes for ranging from 6.7M to 8.1M; 1.4M broker non-votes.
JAKKS Pacific Q1 2025 sales up 26% to $113.3M, operating loss narrows to $3.8M
Net sales $113.3M (+26% YoY); gross margin 34.4% (vs 23.4%); operating loss $3.8M (vs $21.3M loss).
JAKKS Pacific restructures board; Winkler resigns, Liebman and Moelis nominated for election
Matthew Winkler resigns from board effective prior to June 20, 2025 annual meeting; no dispute with company.
Q4 net sales $130.7M (+3% YoY); net loss $9.1M ($0.83/diluted) vs prior loss $11.3M ($1.12).
JAKKS Pacific shareholders elect directors, ratify auditor, approve say-on-pay at annual meeting
Elected Stephen Berman (6.2M for, 1.9M withheld) and Neilwantie Mahabir (8.2M for, 19K withheld) as Class I directors.
JAKKS Q3 net sales up 4% to $321.6M; diluted EPS $4.64 vs $4.53
Toys/Consumer Products segment up 7% to $264.3M; Costumes down 10% to $57.3M.
JAKKS Pacific Q2 net sales down 11% YoY; EPS $0.47, adjusted $0.65
Net sales $148.6M (-11% YoY); Toys/Consumer Products $104.6M (-11.3%), Costumes $44.0M (-10.1%).
JAKKS Pacific Q1 net sales $90.1M (-16% YoY); operating loss $21.3M; preferred shares retired
Net sales $90.1M, down 16% YoY; gross margin 23.4%, down 580 bps.
JAKKS Pacific sets 2024 EBITDA-based bonus targets for CEO and CFO
CEO Stephen Berman: salary $1.825M; max bonus 300% ($5.475M) at EBITDA ≥$81.82M.
JAKKS Pacific redeems all Series A Preferred Stock for $35M in cash and stock
Redeemed all outstanding Series A Senior Preferred Stock for $35M aggregate: $20M cash plus 571,295 common shares (~$15M at $26.26/share).
JAKKS Pacific Q4 net loss $11.3M; full-year adj. EPS $4.62, gross profit up 6%
Q4 net sales $127.4M (-3% YoY); gross profit $33.7M (+18%); net loss $11.3M vs net income $37.6M in Q4 2022.
Non-substantive by-law amendment clarifies default voting standard for shareholder matters, effective Dec 16, 2023.
JAKKS Pacific Q3 net income rises to $47.8M, EPS $4.53; gross margin expands 600 bps to 34.5%
Net sales $309.7M, down 4% YoY; Toys/Consumer Products -9%, Costumes +19%.
JAKKS Pacific Q2 net sales $166.9M (-24% YoY); debt retired; adjusted EPS $1.26
Net sales $166.9M (-24.3% YoY); gross margin up 310 bps to 30.7%; adjusted EPS $1.26 vs $2.10 prior year.
JAKKS Pacific repays $30.5M term loan in full, expects $1.2M annual cash savings
Repaid $30.5M Term Loan from Benefit Street Partners using cash on hand on June 5, 2023.
Net sales $107.5M (-11% vs $120.9M Q1 2022); gross margin 29.2% (+450 bps); gross profit $31.4M (+5%).
Base salary increased to $1,800,000 per year, effective January 1, 2023.
JAKKS sets 2023 CEO, COO, CFO bonus targets based on EBITDA milestones
CEO Berman salary $1.8M, max bonus 300% ($5.4M) at EBITDA >= $87.6M.
JAKKS Pacific Q4 sales $131.9M, -30% YoY; FY sales +28% to $796.2M; adjusted EBITDA +55%
Q4 net sales $131.9M (-30% YoY); adjusted net loss $14.0M ($1.44/share) vs. adjusted net income $1.3M in Q4 2021.
Jakks Pacific stockholders elect all Class II directors, ratify auditors, approve say-on-pay
Class II directors Joshua Cascade (5.3M for), Carole Levine (5.6M), Alexander Shoghi (3.96M) elected; Shoghi had 1.83M withheld.
JAKKS Pacific discloses cybersecurity incident with employee data exfiltration
Discovered threat to IT system on Dec 8, 2022; data exfiltration identified Dec 14, 2022.
JAKKS Pacific amends charter and bylaws to remove preferred stock special board nomination rights
Amended certificate of incorporation, certificate of designations for Series A preferred stock, and bylaws on November 10, 2022.
JAKKS Pacific Q3 sales up 36% to $323M; CEO/CFO employment extended to 2026
Net sales $323.0M (+36% YoY); Toys/Consumer Products up 56% to $269.6M; Costumes down 17% to $53.4M.
JAKKS Pacific terminates voting agreements and special board rights of preferred stockholders
Termination of Voting Agreements dated Aug 9, 2019 with preferred stockholders, effective Aug 3, 2022.
JAKKS Pacific reports record Q2 net sales of $220.4M, net income of $26.2M ($2.61 EPS)
Net sales $220.4M (+96.2% YoY); Toys/Consumer Products $148.9M (+82.6%), Costumes $71.6M (+132.2%).
JAKKS reports Q1 net sales up 44% to $120.9M, narrows loss; amends credit facility
Q1 net sales $120.9M (+44% YoY); highest Q1 since 2008.
Jakks Pacific sets 2022 EBITDA-based bonus targets for CEO, COO, CFO
CEO Stephen Berman salary $1.775M, max bonus 300% ($5.325M) at EBITDA >$70M.
JAKKS Pacific Q4 sales up 47% to $188M; net loss narrows to $3.5M; adjusted EPS $0.14
Q4 net sales $188.0M vs $128.3M a year ago (+47%); gross margin 26.6% hit by 950+ bps freight cost increase.
Stephen G. Berman and Zhao Xiaoqiang elected as Class I directors with majority votes; 3,767,615 and 3,749,153 for, respectively.
JAKKS Pacific Q3 net sales $237M (-2.2% YoY); adjusted diluted EPS $3.76 vs $3.56; debt reduced 46%
Q3 net sales $237.0M (down 2.2% YoY); year-to-date sales up 11.8% to $433.2M.
JAKKS Pacific amends exec equity awards; restricted stock converted to RSUs
CEO Stephen Berman, COO Jack McGrath, CFO John Kimble employment agreements amended Sept 27, 2021.
Jakks Pacific: Series A Preferred holders remove director Andrew Axelrod, appoint Lori MacPherson
Andrew Axelrod removed as Series A Preferred Director and from Compensation and Nominating & Governance Committees.
JAKKS Pacific Q2 net sales up 43% to $112.4M; gross margin +710 bps YoY
Net sales $112.4M (+43% YoY, +18% vs 2019); Toys/Consumer Products up 45%, Costumes up 37%.
The Board approved the nomination of Messrs. Jonathan R. Liebman and Jordan Moelis as candidates for election to Class II of the Board
The Board approved the nomination of Messrs. Jonathan R. Liebman and Jordan Moelis as candidates for election to Class II of the Board
Matthew Winkler resigned from the Board, effective immediately prior to the shareholders meeting to be held in 2025
effective January 1, 2024, Mr. McGrath will be assigned to our United Kingdom ("UK") office as President European Operations at an annual salary of US$500,000.
removed Andrew Axelrod as a Series A Preferred Director and member of the Compensation Committee and Nominating and Governance Committee
nominated Lori MacPherson as a Series A Preferred Director, which nomination was approved by the Company’s Board of Directors on September 27, 2021, and Ms. MacPherson’s election as a Series A Preferred Director and member of the Compensation Committee and Nominating and Governance Committee became effective on that date.
Max materiality 0.85 · Median 0.65 · Most common event earnings