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0.0408921933085501 -0.182156133828996 -0.0654275092936804 -0.0364312267657993 -0.0371747211895911 -0.0200743494423791 -0.0208178438661711 -0.0446096654275093
Stock impact report

JAKKS Pacific Reports Second Quarter 2021 Financial Results

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: Business Wire
Highest First-Half Sales since 2018; Sixth Straight Quarter of Year-over-Year Gross Margin Expansion SANTA MONICA, Calif.--(BUSINESS WIRE)--JAKKS Pacific, Inc. (NASDAQ: JAKK) today reported financial results for the second quarter ended June 30, 2021.Second Quarter 2021 Overview: Net sales were $112.4 million, up 43% compared to $78.8 million last year, and up 18% compared to $95.2 million in 2019Gross margin of 28.4%, up 710 basis points vs. Q2 2020Highest Q2 gross margin percentage since 2016Refinanced long-term debt to 2027 maturity, lower leverage and a 300-basis point improvement in borrowing costAccelerated maturity of convertible debt to September 2021, $2.9 million currently outstanding as of July 27, 2021Net loss attributable to common stockholders of $15.4 million or $2.48 per share, compared to a net loss attributable to common stockholders of $23.6 million or $7.70 per share in Q2 2020Adjusted net loss attributable to common stockholders (a non-GAAP measure) of $2.3 mil Show less Read more
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