JAKKS Pacific Q3 profit, sales rise on strong toy demand

By Reuters News


Overview

  • U.S. toy and costume maker's Q3 net sales rose 20% year-over-year

  • Net income and adjusted EBITDA increased from prior year

  • Company cites strong Toys/Consumer Products and Costumes sales, and successful tariff navigation


Outlook

  • Company did not provide specific guidance for future quarters or the full year in its press release


Result Drivers

  • TOYS/CONSUMER PRODUCTS GROWTH - Toys/Consumer Products net sales rose 23% to $192 mln, driven by higher Dolls, Role-Play, Dress-Up and Action Play & Collectibles sales

  • COSTUMES SALES - Costumes net sales increased 13% year-over-year to $62 mln


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Sales

Beat

$254.20 mln

$226.58 mln (2 Analysts)

Q3 Adjusted Net Income

Beat

$32.30 mln

$27.49 mln (2 Analysts)

Q3 Adjusted EBITDA

Beat

$44.40 mln

$36.83 mln (2 Analysts)

Q3 Gross Margin

32.10%

Q3 Gross Profit

$81.50 mln


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the toys & children's products peer group is "buy"

  • Wall Street's median 12-month price target for JAKKS Pacific Inc is $27.00, about 7.8% below its October 21 closing price of $29.27

  • The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago


Reuters Recommended Reads

  • Oct 20 - Hasbro Q3 revenue beats on Magic: The Gathering game strength; lifts 2026 outlook

  • Oct 20 - Hasbro raises annual revenue forecast on strong demand for digital games

  • Oct 21 - Mattel adds top shareholder EdgePoint Investment's executive to board


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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