JAKKS Pacific, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023
February 29, 2024 at 04:05 pm EST
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JAKKS Pacific, Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 127.4 million compared to USD 131.89 million a year ago. Net loss was USD 10.87 million compared to net income of USD 37.97 million a year ago.
Basic loss per share from continuing operations was USD 1.12 compared to basic earnings per share from continuing operations of USD 3.86 a year ago. Diluted loss per share from continuing operations was USD 1.12 compared to diluted earnings per share from continuing operations of USD 3.66 a year ago.
JAKKS Pacific, Inc. is a designer, manufacturer and marketer of toys and consumer products sold throughout the world. The Companyâs segments include Toys/Consumer Products and Costumes. The Toys/Consumer Products segment includes action figures, vehicles, play sets, plush products, dolls, electronic products, construction toys, infant and pre-school toys, child-sized and hand-held role play toys and everyday costume play, foot-to-floor ride-on vehicles, wagons, novelty toys, seasonal and outdoor products, kidsâ indoor and outdoor furniture, and related products. The Costumes segment, under its Disguise branding, designs, develops, markets, and sells a range of every-day and special occasion dress-up costumes and related accessories in support of Halloween, Carnival, Childrenâs Day, Book Day/Week, and every-day/any-day costume play. Its brands include: AirTitans, Ami Amis, Disguise, Fly Wheels, JAKKS Wild Games, Moose Mountain, Perfectly Cute, ReDo Skateboard Co., Sky Ball, and others.