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JAKKS Pacific, Inc. (JAKK) Q3 2024 Earnings Call Transcript Summary

JAKKS Pacific, Inc. (JAKK) Q3 2024 Earnings Call Transcript Summary

JAKKS Pacific,Inc. (JAKK) 2024年第三季度業績會記錄摘要
富途資訊 ·  10/31 08:24  · 電話會議

The following is a summary of the JAKKS Pacific, Inc. (JAKK) Q3 2024 Earnings Call Transcript:

以下是傑克仕太平洋有限公司(JAKK)2024年第三季度業績會實況摘要:

Financial Performance:

金融業績:

  • JAKKS Pacific reported a robust Q3 with sales increases across all three toy Consumer Products divisions, particularly noting a 48% sales increase in Latin America.

  • Gross profit grew 2% in the quarter with $1.8 million in total, supported by relatively stable gross margins above 30% despite increased product costs.

  • Net inventory reduced to $63.5 million from $68.8 million year-over-year, indicating efficient inventory management.

  • The company remains debt-free, bolstering its financial stability.

  • 傑克仕太平洋報告第三季度業績強勁,所有三個玩具消費產品部門的銷售額均有增長,特別是拉丁美洲銷售額增長48%。

  • 毛利潤在本季度增長了2%,總額達到180萬美元,儘管產品成本增加,但毛利率仍保持在30%以上的相對穩定水平。

  • 公司淨庫存從去年的6880萬美元減少至6350萬美元,表明庫存管理效率高。

  • 公司仍然沒有債務,增強了其財務穩定性。

Business Progress:

業務進展:

  • Extensive collaboration across global offices to meet Q3 demands, significantly driven by holiday preparations.

  • Continued expansion in international markets, with notable efforts in Europe and Latin America.

  • Introduction of new products and successful launches such as the outdoor seasonal business and innovative toy lines like the Target shopping cart.

  • Advancements in distribution with a hub-and-spoke warehouse system in Europe to improve customer service.

  • 全球各辦公室展開廣泛合作,以滿足第三季度的需求,這在很大程度上是由假日準備驅動的。

  • 在全球貨幣市場持續擴張,尤其是在歐洲和拉丁美洲方面做出了顯著努力。

  • 推出新產品,成功推出戶外季節性業務和創新玩具系列,例如Target購物車。

  • 通過在歐洲建立輪轂和輻式倉儲系統,進一步提升客戶服務。

Opportunities:

機會:

  • Strong performance and expansion in Latin America present opportunities for further growth in emerging markets.

  • New product launches and positive market reception suggest potential for significant market and product expansion.

  • 拉丁美洲業務表現強勁,並擴張迅猛,爲在新興市場進一步增長帶來機遇。

  • 新產品推出和市場的積極反應顯示出市場和產品擴張的潛力。

Risks:

風險:

  • Sales in the Asia Pacific and Canada regions experienced declines which could indicate challenges in these markets.

  • The seasonal nature of the business and reliance on holiday sales periods introduce fluctuations and uncertainties in performance.

  • 亞太和加拿大地區銷售額下滑,這可能表明這些市場存在挑戰。

  • 業務具有季節性特點,依賴節假日銷售期間會導致績效波動和不確定性。

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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譯文內容由第三人軟體翻譯。


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