Jakks Pacific stem losses after Toys ‘R’ Us collapse

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Good news for one of the most high-profile Star Wars licensees as Jakks Pacific slow down their losses after the calamitous collapse of Toys ‘R’ Us.

Toyworld Mag take a look at the situation.

Jakks Pacific has announced financial results for the fourth quarter and full-year ended 31st December 2018.

Net sales for the fourth quarter were $132.3m, compared to $136.6m in the prior year. Excluding net sales to Toys R Us of $1.3m in 2018 and $19.6m in 2017, net sales increased by 12% on a year-on-year basis. Net loss for the fourth quarter was $3.2m compared to a net loss of $30.4m the previous year.

For the whole of fiscal year 2018, net sales were $567.8m compared to $613.1m in the prior year period. Excluding net sales to Toys R Us of $16.6m in 2018 and $69.4m in 2017, net sales increased in 2018 by 1% on a year-on-year basis. Net loss was almost halved, from $83.1m in 2017 to $42.4m in 2018.

Mark Newbold
Mark Newbold
Exploring the galaxy since 1978, Mark wrote his first fan fiction in '81 and has been a presence online since webpage Fanta War in 1996. He is the EiC and Daily Content Manager of Fantha Tracks and currently contributes to ILM.com, SkywalkerSound.com, Star Wars – Das Offizielle Magazin, Journal of the Whills and Starburst Magazine, having previously contributed to magazines Star Wars Insider, Geeky Monkey, TV Film Memorabilia, Model and Collectors Mart, partworks Build Darth Vader, Star Wars Encyclopedia, and Build The Millennium Falcon, and websites Jedi.net, Jedi News, StarWars.com, Lightsabre.co.uk, and Wirezone. He is the only podcaster to have appeared on every Celebration podcast stage since it began in 2015 (hosting it four times), and is the co-host of Making Tracks, Canon Fodder and Start Your Engines on Fantha Tracks Radio.
- Advertisement -
- Advertisement -

Good news for one of the most high-profile Star Wars licensees as Jakks Pacific slow down their losses after the calamitous collapse of Toys ‘R’ Us.

Toyworld Mag take a look at the situation.

Jakks Pacific has announced financial results for the fourth quarter and full-year ended 31st December 2018.

Net sales for the fourth quarter were $132.3m, compared to $136.6m in the prior year. Excluding net sales to Toys R Us of $1.3m in 2018 and $19.6m in 2017, net sales increased by 12% on a year-on-year basis. Net loss for the fourth quarter was $3.2m compared to a net loss of $30.4m the previous year.

For the whole of fiscal year 2018, net sales were $567.8m compared to $613.1m in the prior year period. Excluding net sales to Toys R Us of $16.6m in 2018 and $69.4m in 2017, net sales increased in 2018 by 1% on a year-on-year basis. Net loss was almost halved, from $83.1m in 2017 to $42.4m in 2018.

Mark Newbold
Mark Newbold
Exploring the galaxy since 1978, Mark wrote his first fan fiction in '81 and has been a presence online since webpage Fanta War in 1996. He is the EiC and Daily Content Manager of Fantha Tracks and currently contributes to ILM.com, SkywalkerSound.com, Star Wars – Das Offizielle Magazin, Journal of the Whills and Starburst Magazine, having previously contributed to magazines Star Wars Insider, Geeky Monkey, TV Film Memorabilia, Model and Collectors Mart, partworks Build Darth Vader, Star Wars Encyclopedia, and Build The Millennium Falcon, and websites Jedi.net, Jedi News, StarWars.com, Lightsabre.co.uk, and Wirezone. He is the only podcaster to have appeared on every Celebration podcast stage since it began in 2015 (hosting it four times), and is the co-host of Making Tracks, Canon Fodder and Start Your Engines on Fantha Tracks Radio.
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