JAKKS Pacific (JAKK) Tops Q4 EPS by 38c
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JAKKS Pacific Reports Fourth Quarter and Full Year 2018 Financial Results
February 26, 2019 4:05 PM ESTSANTA MONICA, Calif.--(BUSINESS WIRE)-- JAKKS Pacific, Inc. (NASDAQ: JAKK) today reported financial results for the fourth quarter and full-year ended December 31, 2018.
Fourth Quarter 2018 Overview vs. Same Period Last Year:
Net sales were $132.3 million compared to $136.6 million reported in the prior year period. Excluding net sales to Toys R Us of $1.3 million and $19.6 million in 2018 and 2017, respectively, net sales increased in 2018 by 12% on a year-over-year basis. Gross margin was 30.6%, up from 22.1% in 2017. Net loss attributable to JAKKS was... More