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0.00365120274914093 -0.00109536082474231 -0.0120274914089348 -0.0115979381443299 -0.0176116838487973 -0.0145103092783506 -0.0120274914089348 -0.00128865979381448
Stock impact report

JAKKS Pacific stock jumps over 40% on big earnings beat [Seeking Alpha]

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: Seeking Alpha
JAKKS Pacific stock jumps over 40% on big earnings beatJul. 28, 2022 9:49 AM ETJAKKS Pacific, Inc. (JAKK)By:Kevin P. CurranSA News EditorViktoriiaNovokhatskaJAKKS Pacific (NASDAQ:The Santa Monica-based toy manufacturer posted a surprise profit on Wednesday evening, notching non-GAAP EPS of $2.10. Analysts had anticipated a $0.53 loss. Additionally, a 96.1% rise inrevenue to $220.4M easily surpassed expectations of just $98.33M. A triple -digit jump in costume sales were noted as a key driver of the above-expectation earnings figures.â??Our past quarterâ??s results are extremely gratifying,â? CEO Stephen Berman said. â??Despite the continuation of supply-chain cost pressures, we nonetheless recorded our first profitable second quarter in 10 years.â?Looking ahead to Halloween sales in the back half of the year, Berman anticipated strong sales to continue for the full-year. The strong performance also allowed the company to opportunistically reduce its debt load.â??Weâ??re pleased to s Show less Read more
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