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 been a presence online since his first webpage Fanta War in 1996. He currently contributes to ILM.com and SkywalkerSound.com, having previously written for Star Wars Insider, StarWars.com, Star Wars Encyclopedia, Build The Millennium Falcon, Starburst Magazine, Geeky Monkey, TV Film Memorabilia and Model and Collectors Mart. He is a four-time Star Wars Celebration Stage host (the only podcaster to have appeared on every Celebration podcast stage since it began in 2015), the Daily Content Manager of Fantha Tracks and 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 been a presence online since his first webpage Fanta War in 1996. He currently contributes to ILM.com and SkywalkerSound.com, having previously written for Star Wars Insider, StarWars.com, Star Wars Encyclopedia, Build The Millennium Falcon, Starburst Magazine, Geeky Monkey, TV Film Memorabilia and Model and Collectors Mart. He is a four-time Star Wars Celebration Stage host (the only podcaster to have appeared on every Celebration podcast stage since it began in 2015), the Daily Content Manager of Fantha Tracks and the co-host of Making Tracks, Canon Fodder and Start Your Engines on Fantha Tracks Radio.
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