Jakks Pacific reports Q2 adjusted EPS 3c, consensus (17c)

Reports Q2 revenue $119.09M, consensus $124.1M. “As challenging as this year is proving to be, we feel our first half results demonstrate that we are managing our business well despite the persistent uncertainty we’ve all been navigating,” said Stephen Berman, chairman and CEO of Jakks Pacific (JAKK). “In a company of our size, we are constantly reminded that there are decisions and actions within our control and external influences that we must try to anticipate and adapt to when necessary. I feel we are capitalizing on our decades of experience and relationships to work through these challenges from a position of strength and remain confident about where we are headed.”