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Stock impact report

Jakks Pacific Inc (JAKK) Reports Full-Year Gross Profit Increase Despite Sales Decline [Yahoo! Finance]

JAKKS Pacific, Inc. (JAKK) 
Last jakks pacific, inc. earnings: 2/19 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: jakks.com/investors
Company Research Source: Yahoo! Finance
Net Sales : Decreased by 11% year-over-year to $711.6 million for the full year; Q4 sales down 3% to $127.4 million. Operating Cash Flow : Generated over $66 million in operating cash flow for the full year. Debt : Reduced to zero from $67.2 million at the end of 2022. Inventory : Decreased by 35% to $52.6 million as of December 31, 2023. Costumes Segment : Sales down 12% compared to 2022, yet 22% higher than 2021. Warning! GuruFocus has detected 5 Warning Sign with JAKK. On March 1, 2024, Jakks Pacific Inc ( NASDAQ:JAKK ) released its 8-K filing , detailing the financial results for the fourth quarter and full year ended December 31, 2023. Jakks Pacific Inc is a multi-brand toy company known for designing, producing, marketing, and distributing a variety of consumer products, including traditional toys and electronics, costumes, and kids' furniture. Financial Performance and Challenges Jakks Pacific Inc faced a challenging year with a significant decline in net sales Show less Read more
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