B. Riley Securities initiated coverage of JAKKS Pacific with a rating of Buy and set a new price target of $37.00

Maxim Group initiated coverage of JAKKS Pacific with a rating of Buy and set a new price target of $46.00

Jefferies upgraded JAKKS Pacific from Hold to Buy and set a new price target of $23.00 from $20.00 previously

BMO Capital Markets upgraded JAKKS Pacific from Market Perform to Outperform and set a new price target of $21.00 from $15.00 previously

BMO Capital reiterated coverage of Jakks Pacific with a rating of Market Perform and set a new price target of $15.00 from $12.00 previously

4 - JAKKS PACIFIC INC (0001009829) (Issuer)

SANTA MONICA, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ:JAKK) today reported financial results for the third quarter and nine months ended September 30, 2024. Third Quarter 2024 Overview Net sales were $321.6 million, a year-over-year increase of 4% Toys/Consumer Products net sales were $264.3 million, a year-over-year increase of 7% Toys/Consumer Products net sales year-to-date are $451.8 million, a year-over-year decrease of 2%    Costumes net sales were $57.3 million, a year-over-year decrease of 10% Costumes net sales year-to-date are $108.5 million, a year-over-year decrease of 11% Gross margin of 33.8%, down 70 basis points vs. Q3 2023Gross profit of

SANTA MONICA, Calif., Oct. 16, 2024 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ:JAKK) will announce its third quarter 2024 financial results on Wednesday, October 30, 2024 after the close of the stock market. The Company will hold a teleconference and webcast to discuss the results, and may also discuss future plans and prospects. JAKKS Pacific, Inc. invites analysts, investors and media to listen to the teleconference scheduled for 5:00 p.m. ET / 2:00 p.m. PT on October 30, 2024. A live webcast of the call will be available on the "Investor Relations" page of the Company's website at www.jakks.com/investors. To access the call by phone, please go to this link (3Q24 Registration link)

POWAY, Calif., Sept. 24, 2024 (GLOBE NEWSWIRE) -- Disguise, Inc., a world leader in costume design and manufacturing, has officially announced new rights to design, produce, market, and distribute costumes and accessories for Paramount Animation and Hasbro's latest film, TRANSFORMERS ONE, in North America, LATAM and in some channels in EMEA. This newest addition to the iconic TRANSFORMERS movie franchise, produced by Paramount Animation and Hasbro and released by Paramount Pictures on September 20, 2024, is set to bring fresh excitement to fans globally. TRANSFORMERS ONE is the untold origin story of OPTIMUS PRIME and MEGATRON, better known as sworn enemies, but once were friends bo

SANTA MONICA, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ:JAKK) today reported financial results for the second quarter ended June 30, 2024. First-half net sales for JAKKS Pacific, Inc. were $238.7 million, a year-over-year decrease of 13.0%, primarily attributable to a lack of new content-related product launches, which occurred in the first half of last year. Second Quarter 2024 Overview Net sales were $148.6 million, a year-over-year decrease of 11.0% Toys/Consumer Products net sales were $104.6 million, a year-over-year decrease of 11.3%Costumes net sales were $44.0 million, a year-over-year decrease of 10.1% Gross profit was $47.6 million, a year-over-y

SANTA MONICA, Calif., July 12, 2024 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ:JAKK) will announce its second quarter 2024 financial results on Wednesday, July 31, 2024 after the close of the stock market. The Company will hold a teleconference and webcast to discuss the results, and may also discuss future plans and prospects. JAKKS Pacific, Inc. invites analysts, investors and media to listen to the teleconference scheduled for 5:00 p.m. ET / 2:00 p.m. PT on July 31, 2024. A live webcast of the call will be available on the "Investor Relations" page of the Company's website at www.jakks.com/investors. To access the call by phone, please go to this link (2Q24 Registration link), a

SANTA MONICA, Calif., April 24, 2024 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ:JAKK) today reported financial results for the first quarter ended March 31, 2024. First Quarter 2024 Net sales were $90.1 million, a year-over-year decrease of $17.4 million or 16%, driven by a lack of new film releases vs. prior yearGross margin of 23.4%, down 580 basis points vs. Q1 2023, led by higher inventory obsolescence expense, and retailer markdownsGross profit of $21.1 million, down $10.4 million compared to $31.4 million in Q1 2023Operating loss of $21.3 million, compared to an operating loss of $4.4 million in Q1 2023Adjusted net loss attributable to common stockholders (a non-GAAP measu

SANTA MONICA, Calif., April 15, 2024 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ:JAKK) will announce its first quarter 2024 financial results on Wednesday, April 24, 2024 after the close of the stock market. The Company will hold a teleconference and webcast to discuss the results, and may also discuss future plans and prospects. JAKKS Pacific, Inc. invites analysts, investors and media to listen to the teleconference scheduled for 5:00 p.m. ET / 2:00 p.m. PT on April 24, 2024. A live webcast of the call will be available on the "Investor Relations" page of the Company's website at www.jakks.com/investors. To access the call by phone, please go to this link (1Q24 Registration link), a

SANTA MONICA, Calif., March 12, 2024 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ:JAKK) today announced that the Company has agreed to redeem all of its shares of Series A Senior Preferred Stock for an aggregate price of $20,000,000 cash and 571,295 of its common shares, representing a value of $15,000,000. Management Commentary"This represents another significant milestone in achieving our goal of building a financially strong company, self-sustaining from its cash flows and well positioned for the future," said Stephen Berman, JAKKS Pacific Inc.'s Chairman and CEO. "Despite significant industry volatility triggered by the COVID pandemic, we have maintained a singular focus to reenerg

SANTA MONICA, Calif., Feb. 29, 2024 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ:JAKK) today reported financial results for the fourth quarter ended December 31, 2023. Fourth Quarter 2023 Net sales were $127.4 million, a year-over-year decrease of 3%Gross margin of 26.5%, up 480 basis points vs. Q4 2022, led by improved landed product cost and reduced inventory obsolescence expenseGross profit of $33.7 million, up 18% compared to $28.6 million in Q4 2022Net loss attributable to common stockholders of $11.3 million (or $1.12 per diluted share), compared to net income attributable to common stockholders of $37.6 million or ($3.66 per diluted share) in Q4 2022Adjusted net loss attributab

SANTA MONICA, Calif., Feb. 09, 2024 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ:JAKK) will announce its fourth quarter and full year 2023 financial results on Thursday, February 29, 2024 after the close of the stock market. The Company will hold a teleconference and webcast to discuss the results, and may also discuss future plans and prospects. JAKKS Pacific, Inc. invites analysts, investors and media to listen to the teleconference scheduled for 5:00 p.m. ET / 2:00 p.m. PT on February 29, 2024. A live webcast of the call will be available on the "Investor Relations" page of the Company's website at www.jakks.com/investors. To access the call by phone, please go to this link (4Q23 Re

SANTA MONICA, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ:JAKK) today reported financial results for the third quarter and nine months ended September 30, 2024. Third Quarter 2024 Overview Net sales were $321.6 million, a year-over-year increase of 4% Toys/Consumer Products net sales were $264.3 million, a year-over-year increase of 7% Toys/Consumer Products net sales year-to-date are $451.8 million, a year-over-year decrease of 2%    Costumes net sales were $57.3 million, a year-over-year decrease of 10% Costumes net sales year-to-date are $108.5 million, a year-over-year decrease of 11% Gross margin of 33.8%, down 70 basis points vs. Q3 2023Gross profit of

SANTA MONICA, Calif., Oct. 16, 2024 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ:JAKK) will announce its third quarter 2024 financial results on Wednesday, October 30, 2024 after the close of the stock market. The Company will hold a teleconference and webcast to discuss the results, and may also discuss future plans and prospects. JAKKS Pacific, Inc. invites analysts, investors and media to listen to the teleconference scheduled for 5:00 p.m. ET / 2:00 p.m. PT on October 30, 2024. A live webcast of the call will be available on the "Investor Relations" page of the Company's website at www.jakks.com/investors. To access the call by phone, please go to this link (3Q24 Registration link)

SANTA MONICA, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ:JAKK) today reported financial results for the second quarter ended June 30, 2024. First-half net sales for JAKKS Pacific, Inc. were $238.7 million, a year-over-year decrease of 13.0%, primarily attributable to a lack of new content-related product launches, which occurred in the first half of last year. Second Quarter 2024 Overview Net sales were $148.6 million, a year-over-year decrease of 11.0% Toys/Consumer Products net sales were $104.6 million, a year-over-year decrease of 11.3%Costumes net sales were $44.0 million, a year-over-year decrease of 10.1% Gross profit was $47.6 million, a year-over-y

SANTA MONICA, Calif., July 12, 2024 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ:JAKK) will announce its second quarter 2024 financial results on Wednesday, July 31, 2024 after the close of the stock market. The Company will hold a teleconference and webcast to discuss the results, and may also discuss future plans and prospects. JAKKS Pacific, Inc. invites analysts, investors and media to listen to the teleconference scheduled for 5:00 p.m. ET / 2:00 p.m. PT on July 31, 2024. A live webcast of the call will be available on the "Investor Relations" page of the Company's website at www.jakks.com/investors. To access the call by phone, please go to this link (2Q24 Registration link), a

SANTA MONICA, Calif., April 24, 2024 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ:JAKK) today reported financial results for the first quarter ended March 31, 2024. First Quarter 2024 Net sales were $90.1 million, a year-over-year decrease of $17.4 million or 16%, driven by a lack of new film releases vs. prior yearGross margin of 23.4%, down 580 basis points vs. Q1 2023, led by higher inventory obsolescence expense, and retailer markdownsGross profit of $21.1 million, down $10.4 million compared to $31.4 million in Q1 2023Operating loss of $21.3 million, compared to an operating loss of $4.4 million in Q1 2023Adjusted net loss attributable to common stockholders (a non-GAAP measu

SANTA MONICA, Calif., April 15, 2024 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ:JAKK) will announce its first quarter 2024 financial results on Wednesday, April 24, 2024 after the close of the stock market. The Company will hold a teleconference and webcast to discuss the results, and may also discuss future plans and prospects. JAKKS Pacific, Inc. invites analysts, investors and media to listen to the teleconference scheduled for 5:00 p.m. ET / 2:00 p.m. PT on April 24, 2024. A live webcast of the call will be available on the "Investor Relations" page of the Company's website at www.jakks.com/investors. To access the call by phone, please go to this link (1Q24 Registration link), a

SANTA MONICA, Calif., March 12, 2024 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ:JAKK) today announced that the Company has agreed to redeem all of its shares of Series A Senior Preferred Stock for an aggregate price of $20,000,000 cash and 571,295 of its common shares, representing a value of $15,000,000. Management Commentary"This represents another significant milestone in achieving our goal of building a financially strong company, self-sustaining from its cash flows and well positioned for the future," said Stephen Berman, JAKKS Pacific Inc.'s Chairman and CEO. "Despite significant industry volatility triggered by the COVID pandemic, we have maintained a singular focus to reenerg

SANTA MONICA, Calif., Feb. 29, 2024 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ:JAKK) today reported financial results for the fourth quarter ended December 31, 2023. Fourth Quarter 2023 Net sales were $127.4 million, a year-over-year decrease of 3%Gross margin of 26.5%, up 480 basis points vs. Q4 2022, led by improved landed product cost and reduced inventory obsolescence expenseGross profit of $33.7 million, up 18% compared to $28.6 million in Q4 2022Net loss attributable to common stockholders of $11.3 million (or $1.12 per diluted share), compared to net income attributable to common stockholders of $37.6 million or ($3.66 per diluted share) in Q4 2022Adjusted net loss attributab

SANTA MONICA, Calif., Feb. 09, 2024 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ:JAKK) will announce its fourth quarter and full year 2023 financial results on Thursday, February 29, 2024 after the close of the stock market. The Company will hold a teleconference and webcast to discuss the results, and may also discuss future plans and prospects. JAKKS Pacific, Inc. invites analysts, investors and media to listen to the teleconference scheduled for 5:00 p.m. ET / 2:00 p.m. PT on February 29, 2024. A live webcast of the call will be available on the "Investor Relations" page of the Company's website at www.jakks.com/investors. To access the call by phone, please go to this link (4Q23 Re

Year-to-date Gross Margin of 32+%, highest level since 2011 JAKKS Pacific, Inc. (NASDAQ:JAKK) today reported financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Overview Net sales were $309.7 million, a year-over-year decrease of 4% Toys/Consumer Products were $246.0 million, a year-over-year decrease of 9% Costumes were $63.7 million, a year-over-year increase of 19% Costumes year-to-date are $122.3 million, a year-over-year decrease of 9% Gross margin of 34.5%, up 600 basis points vs. Q3 2022 Gross profit of $107.0 million, up 16% compared to $91.9 million in Q3 2022 Year-to-date gross profit of $189.6 million, up 4% compared to

Small Cap Consumer Research analyst Eric Beder reiterates Jakks Pacific (NASDAQ:JAKK) with a Buy and maintains $24 price target.

Small Cap Consumer Research analyst Eric Beder initiates coverage on Jakks Pacific (NASDAQ:JAKK) with a Buy rating and announces Price Target of $24.

Disguise, Inc., the global costume division of toy and consumer products manufacturer JAKKS Pacific, Inc. (NASDAQ:JAKK), today announced a multi-year licensing agreement with Aniplex of America for "Demon Slayer: Kimetsu no Yaiba" in North America, Australia, New Zealand, LATAM, Ireland and the UK. This partnership enables Disguise to design, develop, and manufacture costume accessories inspired by the popular anime series, with new styles set to hit retail shelves and online stores in 2025.

U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite falling by around 100 points on Thursday. The Dow traded down 1.20% to 37,998.27 while the NASDAQ fell 0.85% to 15,578.58. The S&P 500 also fell, dropping, 0.70% to 5,035.88. Check This Out: How To Earn $500 A Month From T-Mobile US Stock Ahead Of Q1 Earnings Report Leading and Lagging SectorsMaterials shares rose by 0.7% on Thursday. In trading on Thursday, communication services shares dipped by 4%. Top Headline Shares of Bristol Myers Squibb & Co (NYSE:BMY) fell more than 8% during Thursday's session after the company swung to a loss in the first quarter. The company posted first-quarter re

Shares of Caterpillar Inc. (NYSE:CAT) fell sharply during Thursday's session after the company reported better-than-expected first-quarter EPS but missed revenue estimates. Caterpillar reported a first-quarter fiscal 2024 revenue of $15.8 billion, a slight decrease of 0.4% year-over-year, missing the consensus of $16.216 billion. CAT's adjusted earnings of $5.60 per share, compared to $4.91 a year ago, topped the consensus of $5.14, according to data from Benzinga Pro. Caterpillar shares dipped 6.6% to $339.37 on Thursday. Here are some other stocks moving in today’s mid-day session. Gainers Barfresh Food Group, Inc. (NASDAQ:BRFH) surged 87.2% to $2.05. Safe & Green Holdin

Gainers Boqii Holding (AMEX:BQ) shares increased by 19.2% to $0.31 during Thursday's regular session. The company's market cap stands at $1.4 million. Strategic Education (NASDAQ:STRA) stock rose 14.88% to $115.63. The company's market cap stands at $2.8 billion. The company's, Q1 earnings came out today. Smart Share Glb (NASDAQ:EM) stock rose 13.83% to $0.65. The company's market cap stands at $168.7 million. EpicQuest Education Group (NASDAQ:EEIQ) shares increased by 12.27% to $0.93. The market value of their outstanding shares is at $11.5 million. Lead Real Estate Co (NASDAQ:LRE) stock moved upwards by 11.66% to $3.35. The market value of their outstanding shares is at $45.7 million.

Gainers Grove Collaborative Hldgs (NYSE:GROV) stock rose 8.6% to $1.65 during Thursday's pre-market session. The company's market cap stands at $63.0 million. Serve Robotics (NASDAQ:SERV) stock moved upwards by 7.83% to $3.04. Connexa Sports Techs (NASDAQ:YYAI) stock moved upwards by 7.26% to $0.95. The market value of their outstanding shares is at $175.1 million. Visionary Holdings (NASDAQ:GV) stock rose 7.06% to $0.16. The market value of their outstanding shares is at $8.2 million. Mobileye Global (NASDAQ:MBLY) stock moved upwards by 6.87% to $33.26. The company's market cap stands at $26.8 billion. As per the press release, Q1 earnings came out today. Big Lots (NYSE:BIG) shares in

Gainers Qurate Retail (NASDAQ:QRTEB) shares rose 7.3% to $4.42 during Wednesday's after-market session. The market value of their outstanding shares is at $1.7 billion. Churchill Downs (NASDAQ:CHDN) stock moved upwards by 5.42% to $130.09. The market value of their outstanding shares is at $9.5 billion. The company's, Q1 earnings came out today. Meta Data (NYSE:AIU) shares moved upwards by 4.83% to $0.53. The market value of their outstanding shares is at $40.4 million. Lottery.com (NASDAQ:LTRY) stock increased by 4.83% to $1.95. The market value of their outstanding shares is at $9.2 million. CarParts.com (NASDAQ:PRTS) stock rose 4.8% to $1.31. The company's market cap stands at $74.1