JAKKS Pacific (JAKK) Posts Blow-Out Q2 on Record Sales
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JAKKS Pacific Reports Second Quarter 2022 Financial Results
July 27, 2022 4:05 PM EDTHighest Q2 Net Sales and Operating Income in Company History
SANTA MONICA, Calif.--(BUSINESS WIRE)-- JAKKS Pacific, Inc. (NASDAQ: JAKK) today reported financial results for the second quarter ended June 30, 2022.
Second Quarter 2022 Overview
Net sales were $220.4 million, a year-over-year increase of 96.2% Toys/Consumer Products were $148.9 million, a year-over-year increase of 82.6% Costumes were $71.6 million, a year-over-year increase of 132.2% Gross margin of 27.6%, down 77 basis points vs. Q2 2021 Operating income of $23.7 million (10.7% of net... More