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Funko(FNKO) - 2024 Q2 - Quarterly Report
2024-08-08 20:34
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________to _____________ Commission file number: 001-38274 FUNKO, INC. (Exact name of registrant as specified in its charter) Delaware 35-2593276 (State or other jur ...
Funko(FNKO) - 2024 Q2 - Quarterly Results
2024-08-08 20:17
Funko Reports Second Quarter 2024 Financial Results; Reiterates 2024 Full-Year Outlook --Q2 Net Sales, Gross Margin and Adjusted EBITDA - All Above Expectations-- EVERETT, Wash. August 8, 2024 -- Funko, Inc. (Nasdaq: FNKO), a leading pop culture lifestyle brand, today reported its consolidated financial results for the second quarter ended June 30, 2024. Second Quarter Financial Results Summary: 2024 vs 2023 • Net sales were $247.7 million compared with $240.0 million • Gross profit was $104.0 million, equa ...
After A Fun Time, Shares Of Funko Deserve To Move Higher
Seeking Alpha· 2024-07-09 08:42
The last few months have been truly wild for shareholders of Funko (NASDAQ:FNKO). For those not familiar with the company, it's most famously known for its production and sale of Funko Pop! toys, which are vinyl figurines. In short, the company partners up with content owners like The Walt Disney Company (DIS) and creates figurines based on said content. For a couple of years now, things have been pretty questionable for the company. Because of bloated inventories caused by management's expectation that gro ...
Should You Buy Funko-A (FNKO) After Golden Cross?
ZACKS· 2024-06-10 14:55
From a technical perspective, Funko, Inc. (FNKO) is looking like an interesting pick, as it just reached a key level of support. FNKO's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world. There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above a longer-term movin ...
Is Funko (FNKO) Stock Outpacing Its Consumer Discretionary Peers This Year?
zacks.com· 2024-05-16 14:41
Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Funko-A (FNKO) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Consumer Discretionary peers, we might be able to answer that question. Funko-A is a member of our Consumer Discretionary group, which includes 286 di ...
Funko (FNKO) Q1 Loss Narrower Than Expected, Sales Dip Y/Y
Zacks Investment Research· 2024-05-13 17:31
Funko, Inc. (FNKO) reported first-quarter 2024 results, wherein the top line missed the Zacks Consensus Estimate and declined year over year. The bottom line fared better than both the Zacks Consensus Estimate and the year-ago quarterly number.FNKO has notably achieved a significant boost in gross margin, particularly driven by higher margins on the sales of value channel and lower-than-expected freight costs. This achievement showcases the effectiveness of the inventory management processes undertaken by t ...
Funko impresses with strong sales guidance, appoints new CEO
Proactive Investors· 2024-05-10 15:07
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Funko(FNKO) - 2024 Q1 - Earnings Call Transcript
2024-05-10 00:31
Funko, Inc. (NASDAQ:FNKO) Q1 2024 Earnings Conference Call May 9, 2024 4:30 PM ET Conference Call Participants Good afternoon, and welcome to Funko's 2024 First Quarter Financial Results Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session, and instructions will follow at the time. Please be advised that reproduction of this call, in whole or in part, is not permitted without written authorization from the company. As a reminder, thi ...
Funko-A (FNKO) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release
Zacks Investment Research· 2024-05-02 15:06
Funko-A (FNKO) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on May 9, 2024, might help the stock move higher if these key numbers are better than expectation ...
Funko: The Final Phase Of Its Downturn
Seeking Alpha· 2024-05-02 07:07
Editor's note: Seeking Alpha is proud to welcome Alejandro Sanchez-Ortiz Ampuero as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » kipgodi Thesis Funko (NASDAQ:FNKO) is a company with a very recognizable brand that sets them apart from their competitors. The pop culture is continuously expanding, allowing the company to la ...