Participant Dial in (Registration required): Registration Link
Webcast:https://www.jakks.com/investors/
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EXECUTIVE TEAM ON THE CALL
STEPHEN BERMAN
Chairman & Chief Executive Officer
JOHN KIMBLE
Executive Vice President & Chief Financial Officer
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SAFE HARBOR STATEMENT
The Company would like to point out that any comments made about JAKKS Pacific's future performance, events or circumstances, including the estimates of sales and/or Adjusted EBITDA in 2022, as well as any other forward-looking statements concerning 2022 and beyond are subject to Safe Harbor protection under Federal securities laws. These statements reflect the Company's best judgment based on current market trends and conditions today, and are subject to certain risks and uncertainties, which could cause actual results to differ materially from those projected in forward-looking statements. For details concerning these and other such risks and uncertainties, you should consult JAKKS' most recent 10- K and 10-Q filings with the SEC, as well as the Company's other reports, subsequently filed with the SEC from time to time. As a reminder, this conference is being recorded.
Note: The following presentation includes unaudited information
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EXECUTIVE SUMMARY
Net Sales through September exceed full-year 2021
Q3 Net Sales were $323.0 million, 36% increase over prior year
Q3 Toy/Consumer Products (CP) business up 56% while Costumes business decreased 17% versus Q3 2021
Q3 gross margins were negatively impacted by higher import/freight costs
Q3 Adjusted EBITDA of $59.4 million, compared to $41.7 million in the third quarter of 2021
YTD Net Sales $664.3M, 53% increase over prior year
YTD Net Sales are 7% higher than FY21 Net Sales of $621.1M
YTD Toy/Consumer Products (CP) business up 58% while Costumes business increased 36% vs. YTD 2021
YTD Retail Toy/CP POS at Top 3 US customers up over 20%
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2022 Q3 Net Sales
$ Millions
$350 $300 $250 $200 $150 $100 $50
$-
Q3 Net Sales
$323.0
$237.0
20212022
YoY % Change: 36%
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JAKKS Pacific Inc. published this content on 27 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 October 2022 21:52:24 UTC.
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.
JAKKS PACIFIC, INC. 
