Since he’s already all dressed up for the part, King Dedede decides to play Santa Claus for all the good little boys, girls, and anthromorphs in the Smash Bros. world:
…whoops! Someone must have mistakenly put a “naughty” box into the “nice” pile! But then, what did the “naughty” folks wind up with?
Oh well, better luck next year, Dedede!