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Jakks Pacific's revenue plunged 34% year-over-year, net income halved, and stock dropped 40% amid uncertainty.
Jakks Pacific, a U.S. toy maker competing with Hasbro and Lego, reported a 34% year-over-year revenue drop to $211.2 million in its third quarter, with net income falling to $20.6 million from $54.0 million.
Its growth score in Benzinga’s rankings plummeted from 98.07 to 26.33 in one week.
The company gave no full-year guidance, citing ongoing tariff and macroeconomic uncertainties, and its stock is down 40.33% year-to-date, underperforming across all timeframes.
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Los ingresos de Jakks Pacific se desplomaron un 34% año tras año, los ingresos netos se redujeron a la mitad, y las acciones cayeron un 40% en medio de la incertidumbre.