Comparing the current results to its competitors, Jakks Pacific Inc reported Revenue increase in the 2 quarter 2026 by 16.98 % year on year. The sales growth was above Jakks Pacific Inc 's competitors' average revenue growth of 7.24 %, achieved in the same quarter.
Jakks Pacific Inc 's Comment on Competition and Industry Peers
Competition in the toy industry is intense. Globally, certain of our competitors
have greater financial resources, larger sales and marketing and product development
departments, stronger name recognition, longer operating histories and benefit
from greater economies of scale. These factors, among others, may enable our competitors
to market their products at lower prices or on terms more advantageous to customers
than those we could offer for our competitive products. Competition often extends
to the procurement of entertainment and product licenses, as well as the marketing
and distribution of products and the obtaining of adequate shelf space. Competition
may result in price reductions, reduced gross margins and loss of market share,
any of which could have a material adverse effect on our business, financial condition
and results of operations. In each of our product lines we compete against one
or both of the toy industry’s two dominant companies, Mattel and Hasbro.
In addition, we compete in our Halloween costume lines with Rubies. We also compete
with numerous smaller domestic and foreign toy manufacturers, importers and marketers
in each of our product categories.
Overall company sales advanced by 16.98 % Jakks Pacific Inc outperformed its competitors in this segment and improved market share, to approx. 18.45 %. << More on JAKK Market Share.
*Market share is calculated based on total revenue.
September 3, 2024
In a strategic maneuver to bolster its position in the competitive landscape of licensed merchandise, Disguise, Inc. the costume division of JAKKS Pacific, Inc. (NASDAQ: JAKK), has announced the extension of its global rights to design and develop costumes based on characters from Netflix s acclaimed series Stranger Things and Bridgerton for the upcoming fall 2024 season. This development signals Disguise s commitment to tapping into the burgeoning demand for character-inspired apparel as consumers continue to gravitate towards immersive entertainment experiences.The extension of the licensing agreement encompasses the vibrant character aesthetics and distinct period styles that have captivated audiences...
April 8, 2024
In an exciting move, Jakks Pacific Inc has recently announced its collaboration with Epic Story Media for the much-awaited launch of their latest venture, Wild Manes. This partnership marks a significant milestone for Jakks Pacific Inc as it aims to diversify its product portfolio and expand its presence in the entertainment industry.However, amidst this promising partnership, the company faced a revenue decrease in the fourth quarter of 2023. According to reports, Jakks Pacific Inc witnessed a year-on-year decline of -2.43%, outpacing the overall decrease of its competitors by -1.45% during the same period. This decline poses a challenge for the company, requiring them to adopt strategic measures to regain ...
Mattel Inc operates as a multinational toy manufacturing company, primarily focused on designing, manufacturing, and marketing a wide range of toys and family products. The company sells its products through various channels including retailers, online platforms, direct sales, and licensing agreements with other companies.
Hasbro Inc operates as a multinational entertainment and toy company, generating revenue through the development, manufacturing, and marketing of toys, games, and licensed merchandise. The company strategically focuses on retail channels—including wholesalers, distributors, and online platforms—to reach a diverse audience of both children and adults, leveraging popular franchises and intellectual properties to enhance its market presence.
Walt Disney Co operates as a diversified entertainment company, focusing on four main business segments: Media Networks, Parks, Experiences and Products, Studio Entertainment, and Direct-to-Consumer & International. The company generates revenue through the production and distribution of content across various media platforms, the operation of theme parks and resorts, merchandising, and the direct-to-consumer streaming services. Disney's business model revolves around creating and monetizing captivating content while leveraging its iconic brand and successful franchises to drive consumer engagement and loyalty.
Sources:
Jakks Pacific Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
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