JAKKS Pacific Reports Second Quarter 2019 Financial Results

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Go back to JAKKS Pacific Reports Second Quarter 2019 Financial Results

JAKKS Pacific (JAKK) Misses Q2 EPS by 27c

August 9, 2019 6:01 AM EDT

JAKKS Pacific (NASDAQ: JAKK) reported Q2 EPS of ($0.83), $0.27 worse than the analyst estimate of ($0.56). Revenue for the quarter came in at $95.2 million versus the consensus estimate of $95.6 million.

Second Quarter 2019 Overview vs. Same Period Last Year

Net sales for the second quarter were $95.2 million compared to $105.8 million reported in the comparable period in 2018. Sales in the 2019 second quarter were negatively impacted primarily by a decline in sales of Incredibles 2 which more than offset strong growth in Disguise costumes and the introduction of several new toy lines tied to... More