JAKKS Pacific reported third‑quarter 2025 financial results, showing net sales of $211.2 million, a 34% decline from $321.6 million in the same period last year.
Net income for the quarter was $19.9 million, giving earnings per share of $1.74 and adjusted EPS of $1.80. Adjusted net income attributable to common shareholders was $20.6 million, or $1.80 per diluted share.
The decline in sales was driven by a reduction in direct‑import volumes as tariff‑induced price increases pressured retailers and consumers. The Toys/Consumer Products segment fell 41% to $156.1 million, while the Costumes segment declined 4% to $55.1 million.
Management highlighted ongoing tariff headwinds, with rates ranging from 10% to over 140% on certain products, and noted the company’s cost‑control measures and diversified product mix helped preserve profitability.
The company declared a quarterly cash dividend of $0.25 per share, payable December 29, 2025, to shareholders of record on November 28, 2025.
Cash and cash equivalents stood at $27.8 million at the end of the quarter, up from $22.3 million a year earlier, reflecting a strengthened liquidity position.
JAKKS Pacific remains debt‑free and has refinanced its credit facility, enhancing financial resilience. The company continues to focus on product innovation, including new licensed lines such as Super Mario™ and Wizard of Oz, and maintains a low inventory strategy to support retailers.
The results missed analyst expectations, with consensus EPS of $2.47 and revenue forecast of $228.23 million.
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