Jakks Pacific reports Q1 EPS (3c) vs. ($1.09) last year

Reports Q1 revenue $113.25M, consensus $93.25M. “We are happy to share our results after a strong start to the year at JAKKS. We’ve seen great consumer reaction year-to-date with solid consumer sales across major accounts and major markets.” said Stephen Berman, chairman and CEO of Jakks Pacific (JAKK). “It has certainly been a moment of reflection to see our industry’s long-standing tradition of building substantial global partnerships come under scrutiny. Yet rather than viewing this as a setback, we see it as an opportunity to showcase the agility, innovation, and resilience that define not only our industry – but especially JAKKS as a nimble, focused company.”