Its plot focuses on Ricky Caldwell, the brother of Billy Chapman, and his own trauma regarding his parents' Christmas Eve murders, which triggers his own killing spree.
While being interviewed by the psychiatrist Dr. Henry Bloom, Ricky tells the story of the murders his elder brother committed throughout a series of several flashbacks.
After this, Ricky tells his own story: after Billy's death, he was adopted by the Rosenbergs, a Jewish family and given a good upbringing, but his trauma was never addressed.
After his adoptive father's death, Ricky loses his composure and commits a series of random murders, targeting people who are "naughty".
Ricky cleans up the blood and stages the scene, with Mother Superior sitting in a chair, her severed head balanced on her body.
As soon as this is discovered by the police officers that arrive on the scene, a screaming Ricky leaps out and prepares to attack, but is shot down out the patio door.
The final shot shows the arm of the murderer dressed in a Santa suit (footage from the first film) plunging a knife into the screen, before it freezes and the credits roll.
[citation needed] Harry says that they tried to find Eric Freeman to participate for the commentary track, but they were unable to locate him at the time.
It features a new 2K transfer of an archival theatrical print, with flashback footage of the first movie being taken from the same 4K master released by Shout!
It contains new special features produced by Justin Beahm's Reverend Entertainment such as interviews with director Lee Harry, actors Eric Freeman, James Newman, Elizabeth Kaitan, Darrel Guilbeau, Kenny McCabe, and makeup effect artist Christopher Biggs.