JAKKS Pacific Reports Third Quarter 2018 Financial Results

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Go back to JAKKS Pacific Reports Third Quarter 2018 Financial Results

JAKKS Pacific (JAKK) Misses Q3 EPS by 23c, Revenues Miss

October 25, 2018 6:21 AM EDT

JAKKS Pacific (NASDAQ: JAKK) reported Q3 EPS of $0.38, $0.23 worse than the analyst estimate of $0.61. Revenue for the quarter came in at $236.7 million versus the consensus estimate of $258.58 million.

JAKKS Chairman and CEO Stephen Berman stated, As was the case in the first half, during the third quarter we continued to see the impact of the U.S. liquidation of Toys R Us, which offset the positive contribution of several successful product lines, including Incredibles 2, Fancy Nancy,... More