Scott Disick and his kids are true fashion plates! Just look at the risk the Lord is taking with an all-red outfit on Sunday for an outing to the movies with Penelope and Mason. And check out the kids' looks!

We can't believe little Pene has her satin bomber draped over her shoulders -- what kid wears their jacket like that?! And she's wearing it over a bias-cut black skirt, paired with sneakers. The tyke is carrying a stress-relief Squishie, which we hope is just for fun ... and that she's not stressed out about spending time with her dad!

Then there's Mason -- he's copying his dad with a Christmas red Adidas zip-up over a Yeezy Calabasas tee. Kanye's really outfitting the entire family!

Scott's got his trusty Yeezy Calabasas white sneakers on with a red Kith hoodie and matching track pants. The boys look like they're ready for Christmas!

The trio went to see Coco at their local Calabasas movie theater, while Reign went to the farmers' market with his mom Kourtney ... those pix coming soon! They are ADORABLE!