JAKKS Pacific (JAKK) Tops Q2 EPS by 75c, Revenues Miss
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JAKKS Pacific Reports Second Quarter 2023 Financial Results
July 27, 2023 4:05 PM EDTLong-term debt retired; Second-Highest First Half Net Sales in 15 Years
SANTA MONICA, Calif.--(BUSINESS WIRE)-- JAKKS Pacific, Inc. (NASDAQ: JAKK) today reported financial results for the second quarter ended June 30, 2023.
Second Quarter 2023 Overview
Net sales were $166.9 million, a year-over-year decrease of 24.3% Toys/Consumer Products Net Sales were $117.9 million, a year-over-year decrease of 20.8% Costumes Net Sales were $49.0 million, a year-over-year decrease of 31.5% First-half Net Sales for JAKKS Pacific, Inc. were $274.4 million, a year-over-year decrease of 19.6% Gross... More