Jumpin' Jakks.Malibu-based Jakks Pacific JAKKS Pacific, Inc. NASDAQ: JAKK is is a multi-brand company that designs and markets a broad range of toys and consumer products and is based in Malibu, California. Its product categories include action figures, art activity kits, stationery, writing instruments, performance Inc. capped five months of stock-price growth last Thursday, hitting a 52-week high of $25.56. The company's stock has been trading between $22 and $25 since March. Last Thursday's 4 percent stock price jump followed the announcement of first-quarter earnings, which showed net income up 39 percent, to $3.2 million, from $2.3 million. The earnings, at 12 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. , far exceeded analysts' estimates of 8 cents per share. "We are pleased with our first quarter performance and believe we are well positioned to achieve our record sales and earnings expectations for 2007," said Jack Friedman, Jakks' chief executive. Friedman, who also founded video game publisher THQ THQ Toy Headquarters THQ Territorial Headquarters THQ Tehsil Headquarters (Pakistan) THQ The Holy Quran THQ Theater Headquarters Inc., added that demand for role-play sets relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc popular characters such as Barbie or Ariel from "The Little Mermaid little mermaid the sacrifices her own life to save her beloved prince. [Dan. Lit.: Andersen’s Fairy Tales] See : Self-Sacrifice ," wrestling action figures and plug-r,-play games provided a boost for Jakks. While Jakks is known for its kid-friendly video games, the company also makes activity sets for properties owned by other companies, such as Mattel Inc.'s Barbie, the World Wrestling Federation's action figures and an array of drawing and coloring sets, toy cars, dog toys, and seasonal games. Staff reporter Emily Bryson York ,Tan be reached at (323) 549-5225, ext. 235, or at eyork@labusinessjournal.com. |
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