JAKKS Pacific (JAKK) Tops Q1 EPS, Revenues

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Go back to JAKKS Pacific (JAKK) Tops Q1 EPS, Revenues

JAKKS Pacific Reports First Quarter 2021 Financial Results

April 28, 2021 4:01 PM EDT

Strong Sales Increase, Margin Expansion and Operating Cost Leverage Drive Significant Improvement in Results

SANTA MONICA, Calif.--(BUSINESS WIRE)-- JAKKS Pacific, Inc. (NASDAQ: JAKK) today reported financial results for the first quarter ended March 31, 2021.

First Quarter 2021 Overview:

Net sales were $83.8 million, up 26% compared to $66.6 million last year Highest year-over-year first quarter sales growth since Q1 2015 Gross margin of 31.1%, up 650 basis points vs. Q1 2020 Highest Q1 gross margin percentage since 2017 Net loss attributable to common stockholders of $24.4... More