JAKK · JAKK Q2 FY2026 earnings call record财报电话会记录

“Before we begin, the company would like to point out that any comments made about JAKKS Pacific future performance events or circumstances, including the estimate of sales, margins, earnings, and our Adjusted EBITDA in 2026 and beyond, as well as any other forward-looking statements concerning 2026 and beyond, are subject to safe harbor protection under federal securities laws.”

“Globally, our net sales finished at $139.2 million in Q2, a 17% increase compared to prior year, when the sudden implementation of massive tariffs dramatically reduced customer orders.”

“North America led the improved results, growing 20% year-over-year in Q2 and 3% for the first half.”

“Overall, this is the highest level of international first half shipping in JAKKS' history in over 10 years at $53 million.”

“As those price shocks have unwound over recent months, we see some customers bringing retail prices down closer to where they were pre-tariff, although admittedly, not across the entire product line.”

“Gross margins held up very well in the quarter at 32.3%, slightly lower than last year's at 32.8%.”

“Maxx's, the Ross, and so on, as well as our strong major customers like Target, Walmart, and Amazon, going into the Five Below's, the Dollar Trade, and so on.”

“What does that mean for kind of the level of FOB you see internationally and the potential for margins going forward on that?”

“Primarily, the majority of our sales internationally are on an FOB basis, which helps us then enhance our own margins internally, giving also a lower price to the customer, which they can enhance their margin as a customer and also then have a lower price for the consumer, which gives them a great price point to have.”

“We see strong growth diversification in various countries and just some really strong initiatives that we see going forward.”

“If there's an opportunity in the acquisition area in a segment that would benefit the company and our shareholders, we have been looking, we are speaking to bankers and so on and so forth.”

“Going into this year, we're looking at going into the 2027 and 2028, which we feel very strong and confident about, and we'll be sitting with the board of directors looking at different capital allocation initiatives.”