NASDAQ$JAKK

JAKKS Pacific Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

JAKKS Pacific reported strongest full-year results in 5 years despite soaring freight costs.

JAKKS Pacific reported a strong Q4 2021 with a 47% increase in net sales compared to the previous year. The company's performance was driven by top-line growth across various brands and categories, along with margin expansion, despite significant increases in supply-chain costs.

  • Net sales increased by 47% to $188.0 million compared to $128.3 million last year.
  • Gross profit reached $50.0 million, the highest Q4 level since 2016.
  • U.S. toy retail POS at top three accounts increased by 10% versus Q4 2020.
  • Adjusted net income attributable to common stockholders was $1.3 million, up from an adjusted net loss of $3.6 million in Q4 2020.

Headline financials

Total Revenue

$188M

Previous: $128M+46.5%
EPS (adj)

$0.14

Previous: -$0.80+117.5%
Capital Expenditures

$1.85M

Previous: $2.1M-12.0%
Free Cash Flow

$19.2M

Previous: $25.5M-24.7%
Net Income

-$3.5M

Previous: -$11.3M+69.1%
Operating Income

$0.00

Previous: $1.13M-100.0%
Gross Profit

$50M

Previous: $42M+19.0%
Cash & Equivalents

$45.3M

Previous: $88M-48.5%
Total Assets

$357M

Previous: $329M+8.4%
Stock-Based Comp

$713K

Previous: $797K-10.5%

Revenue & EPS history

JAKKS · Revenue · Quarterly

$188M

Q4 2021+46.5%vs Q4 2020
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Forward guidance

The company implemented a price increase for the back half of 2022 to offset higher supply chain costs, and is working through challenges to meet customer orders and ensure shelves are full. They are in constant dialogue with their customers about maximizing 2022 opportunities and within a couple months what they will bringing to market in Spring 2023.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

-0.4%

Avg return

Earnings day

-1.5%

Avg return

5 days after

-0.1%

Avg return

30 days after

36%

23 / 64 earnings

Positive

+38.8%

Q3 2013

Best reaction

-27.3%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.9%-3.4%-9.4%
Q3 2025-6.2%-1.1%-8.3%
Q1 2025-0.9%-6.6%+3.4%
Q4 2024-13.8%-21.5%-29.4%
Q3 2024+15.0%+11.2%+6.2%
Q2 2024+17.4%+2.2%+18.7%
Q1 2024-13.4%-15.4%-18.0%
Q4 2023-27.3%-31.1%-30.0%
Q3 2023+37.1%+58.0%+78.7%
Q2 2023+2.0%+16.0%+9.2%
Q1 2023+8.3%+11.1%+6.6%
Q4 2022-20.3%-16.6%-1.7%
Q3 2022-1.9%-12.0%-5.0%
Q2 2022+33.2%+31.3%+42.6%
Q1 2022+4.8%+21.9%+1.0%
Q4 2021+5.3%+8.2%+5.6%
Q3 2021-6.0%-1.5%-5.9%
Q2 2021+9.0%+12.3%+9.0%
Q1 2021+23.0%+31.5%+16.6%
Q4 2020-7.5%-18.4%-14.6%
Q3 2020+26.1%+4.2%+8.3%
Q2 2020-14.0%-16.5%-36.3%
Q1 2020-14.4%-9.1%+72.7%
Q4 2019-8.4%-16.7%-63.5%
Q3 2019+4.1%-7.2%+22.9%
Q2 2019-10.0%-12.5%+3.8%
Q1 2019-21.4%-28.2%-28.2%
Q4 2018-14.6%-21.6%-47.2%
Q3 2018+7.0%+7.5%+5.7%
Q2 2018-2.1%-4.2%+3.3%
Q1 2018+14.3%+11.9%+47.6%
Q4 2017-8.5%-4.3%-12.8%
Q3 2017-13.2%-19.1%-23.5%
Q2 2017-6.7%-9.3%-6.7%
Q1 2017-4.3%-5.8%-19.2%
Q4 2016+8.9%+4.0%+6.9%
Q3 2016-16.6%-16.0%-15.3%
Q2 2016+3.5%+8.2%+1.9%
Q1 2016-2.6%
Q4 2015-18.5%
Q3 2015-6.1%
Q2 2015+9.1%
Q1 2015-1.7%
Q4 2014-3.4%
Q3 2014-18.2%
Q2 2014-13.5%
Q1 2014-2.9%
Q4 2013+22.4%
Q3 2013+38.8%
Q2 2013-1.1%
Q1 2013+5.7%
Q4 2012-7.6%
Q3 2012-2.1%
Q2 2012+1.2%
Q1 2011-0.2%
Q1 2012+0.1%
Q4 2009-1.1%
Q4 2011-1.1%
Q3 2010-1.2%
Q3 2011-1.2%
Q2 2010-3.2%
Q4 2010-3.2%
Q2 2011-3.2%
Q1 2010+2.0%

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