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 and $40 price target, and updating our projections after meeting with JAKKS management.</li><li>We note since our last publication, the U.S. government has placed an additional round of 10% tariffs on China, JAKKS main manufacturing supplier.</li><li>Further, given the current uncertain economic environment and worries over consumer spending, we believe the company's key non-movie driven top line growth drivers will continue at a measured pace.</li></ul>

We are reiterating our Buy rating and $40 price target, and updating our projections after meeting with JAKKS management.We note since our last publication, the U.S. government has placed an additional round of 10% tariffs on China, JAKKS main manufacturing supplier.Further, given the current uncertain economic environment and worries over consumer spending, we believe the company's key non-movie driven top line growth drivers will continue at a measured pace.

JAKK: Being More Realistic in Uncertain Times; Reiterate Buy, $40 PT

JAKKS Pacific

JAKK: Being More Realistic in Uncertain Times; Reiterate Buy, $40 PT