JAKKS Pacific Reports Third Quarter 2019 Financial Results

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Go back to JAKKS Pacific Reports Third Quarter 2019 Financial Results

JAKKS Pacific (JAKK) Tops Q3 EPS by 32c, Revenues Beat

November 7, 2019 6:12 AM EST

JAKKS Pacific (NASDAQ: JAKK) reported Q3 EPS of $0.76, $0.32 better than the analyst estimate of $0.44. Revenue for the quarter came in at $280.1 million versus the consensus estimate of $272.5 million.

Third Quarter 2019 Overview vs. Same Period Last Year

Net sales for the third quarter were $280.1 million, up 18% compared to $236.7 million reported in the comparable period in 2018. Sales in the 2019 third quarter were boosted by strong initial sales of Disney Frozen 2 products.Gross margin was 28.9%, up from 27.2% in Q3 of last year.Net income attributable to JAKKS Pacific... More