Equity Research Focusing on the Consumer Sector, Small Cap Consumer Research

Small Cap Consumer Research

Equity research on small cap consumer names.

Equity Research Focusing on the Consumer Sector

Small Cap Consumer Research, LLC is a leading company-sponsored equity research provider focusing on the consumer sector (apparel, brand licensing and specialty retailing segments).

Equity Bottom-Up

<ul><li>We are reiterating our Buy rating, projections and $40 price target with JAKKS Pacific announcing 4Q24 (December) results next Thursday.</li><li>We believe, with strong Holiday movie offerings, the deepening launch of The Simpsons, continued international expansion and initial shipments of Authentic Brands Group ("ABG") licensed product, JAKKS is well positioned to register strong 4Q24 results.</li><li>Further, given easy comparisons, historical "coat tails" from Holiday movie hits, the first Spring with ABG offerings and Spring movie launches, we believe momentum has remained strong at JAKKS into 2025.</li></ul>

We are reiterating our Buy rating, projections and $40 price target with JAKKS Pacific announcing 4Q24 (December) results next Thursday.We believe, with strong Holiday movie offerings, the deepening launch of The Simpsons, continued international expansion and initial shipments of Authentic Brands Group ("ABG") licensed product, JAKKS is well positioned to register strong 4Q24 results.Further, given easy comparisons, historical "coat tails" from Holiday movie hits, the first Spring with ABG offerings and Spring movie launches, we believe momentum has remained strong at JAKKS into 2025.

JAKK: 4Q Preview: Set to Excel Despite Tariffs; Reiterate Buy, $40 PT