Toy maker JAKKS Pacific Inc. (JAKK) on Thursday reported first-quarter results, with net loss widening from last year as revenue declined and margins weakened.
Revenue for the quarter decreased 6% to $106.7 million from $113.3 million in the same period last year.
The company reported a net loss of $4.3 million, or $0.37 per share, compared with a loss of $2.4 million, or $0.21 per share, a year ago.
Adjusted net loss was $1.9 million, or $0.17 per share, versus an adjusted loss of $0.4 million, or $0.03 per share, in the prior year.
Gross profit declined 9% to $35.6 million, while gross margin fell 100 basis points to 33.4% from the year-ago period.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.