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JAKKS Pacific (JAKK) first-quarter 2024 results are hurt by dismal Costumes sales.
JAKKS Pacific, Inc. (NASDAQ:JAKK ) Q1 2024 Earnings Conference Call April 24, 2024 5:00 PM ET Company Participants Stephen Berman - Chairman and CEO John Kimble - Chief Financial Officer Conference Call Participants Operator Good afternoon, everyone. Welcome to the JAKKS Pacific's First Quarter 2024 Earnings Conference Call with management, who will review Financial Results for the quarter ended March 31, 2024.
Jakks (JAKK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
YPF, JAKK and QUAD made it to the Zacks Rank #1 (Strong Buy) value stocks list on April 16, 2024.
JAKKS Pacific (JAKK) partners with Epic Story Media partnership to launch a content and licensing program concerning Wild Manes. The company intends to develop a franchise ecosystem.
JAKKS Pacific turned in a mixed Q4, with sales lower but strong gross margin improvement. The stock, however, took a big hit after the company expressed concerns about the impact of a weaker movie slate in 2024. Lowered expectations and a very cheap valuation, however, set the stock up to outperform from here.
JAKKS Pacific, Inc. (JAKK) Q4 2023 Earnings Call Transcript
JAKKS Pacific's (JAKK) fourth-quarter 2023 performance will likely benefit from strategic acquisitions, innovations and collaborations. Also, a stable supply chain bodes well.
Jakks (JAKK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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