Welcome to our dedicated page for Funko news (Ticker: FNKO), a resource for investors and traders seeking the latest updates and insights on Funko stock.
Funko, Inc. (Nasdaq: FNKO) regularly issues news and updates as a global pop culture lifestyle brand with a portfolio that includes the Funko, Loungefly, and Mondo brands. Its press releases highlight developments across vinyl figures, micro-collectibles, fashion accessories, apparel, plush, action toys, high-end art, and music collectibles, as well as corporate and financial announcements relevant to FNKO stockholders.
Visitors to this news page can review Funko’s official communications on topics such as quarterly financial results, outlook commentary, and the use of non-GAAP measures like adjusted EBITDA. Earnings releases provide net sales by brand category and geography, discuss factors such as tariffs and sourcing, and outline management’s views on margins, cost actions, and business conditions.
Funko’s news also covers product launches and creative initiatives. Examples include the introduction of the Premium Blind Box platform and artist-driven series such as Kiguzoomies and Funko Fun Squad, which the company presents as expansions of its blind box collectibles. These announcements describe how new lines fit within the broader Pop!, Bitty Pop!, and Pop! Yourself ecosystem and how they are distributed through Funko’s online channels and select retailers.
Corporate governance and capital structure developments are another recurring theme. Recent items include leadership transitions in the Chief Executive Officer role, changes to the Board of Directors, amendments to credit agreements, registration statement plans, and arrangements with major stockholders. These updates provide context on how Funko manages its balance sheet, covenants, and executive incentives.
For investors and fans tracking FNKO news, this page offers a consolidated view of Funko’s official announcements, from financial performance and refinancing plans to new collectibles and board appointments. Reviewing these releases over time can help readers understand how the company describes its strategy, responds to macroeconomic factors, and evolves its product portfolio within the pop culture collectibles space.
Funko (Nasdaq: FNKO), a leading pop culture lifestyle brand, has announced an inducement grant for its new CEO Josh Simon. The grant consists of 1,000,000 restricted stock units of Class A common stock under the Funko, Inc. 2024 Inducement Plan.
The award will vest over four years in equal annual installments starting September 1, 2025, contingent on Simon's continued employment. The grant, made in accordance with Nasdaq Listing Rule 5635(c)(4), includes full acceleration provisions upon a change in control and was designed as an inducement for Simon to join Funko as CEO.
Funko (NASDAQ:FNKO) has appointed Josh Simon as its new Chief Executive Officer, effective September 1, 2025. Simon, who succeeds Interim CEO Mike Lunsford, joins Funko from Netflix, where he served as Vice President of Consumer Products. During his tenure at Netflix, he oversaw the global merchandise business, live experiences, and the Roald Dahl Story Company.
Simon brings extensive experience from leadership roles at major companies including Netflix, Nike, and Disney. At Netflix, he successfully scaled the consumer products division, launched an e-commerce platform, and managed relationships with major retailers. His previous roles included Vice President of Global Strategy at Nike and various positions at Disney's Motion Picture Group.
Funko (NASDAQ:FNKO) reported challenging Q2 2025 financial results, with net sales declining 21.9% to $193.5 million compared to $247.7 million in Q2 2024. The company experienced significant margin pressure, with gross margin dropping to 32.1% from 42.0% year-over-year.
The company reported a net loss of $41.0 million ($0.74 per share) compared to net income of $5.4 million in Q2 2024. Core Collectible sales decreased 15.7%, while Loungefly sales fell 23.2%. Total debt increased to $256.6 million from $182.8 million at year-end 2024.
For H2 2025, Funko expects performance improvement versus H1, projecting high single-digit sales decline and adjusted EBITDA margin in mid to high single-digits, with Q4 results expected to outperform Q3.
Funko (NASDAQ:FNKO), the popular pop culture lifestyle brand, has scheduled its Q2 2025 earnings conference call for Thursday, August 7, 2025, at 4:30 p.m. ET. During the call, management will discuss financial results for the quarter ended June 30, 2025.
Investors can access the webcast through Funko's investor relations website at investor.funko.com. A replay of the presentation will be available on the same platform after the event.
Funko (Nasdaq: FNKO), a pop culture lifestyle brand, has secured an amendment to its credit facilities from September 2021. The key modifications include waivers for financial covenants covering Q2 and Q3 2025, and a reduction in revolving commitments from $150M to $135M as of July 16, 2025, further decreasing to $125M by December 31, 2025.
The company received 100% bank group consent for the amendment and has engaged Moelis & Company LLC to explore refinancing options for its credit facilities, which mature in September 2026. The changes are part of Funko's tariff mitigation strategy to enhance financial flexibility.
Funko (Nasdaq: FNKO), the pop culture lifestyle brand, has announced the appointment of Michael Lunsford as Interim Chief Executive Officer, effective July 5, 2025, following Cynthia Williams' departure. Lunsford, who previously served as Interim CEO in 2023-2024 and remains a board member, was selected to help realize the company's full potential.
Chairman Charles Denson indicated that the leadership change was necessary to deliver full shareholder value. Lunsford's immediate priorities include identifying a new permanent CEO, accelerating organic growth, and exploring financial and strategic options. He acknowledged recent global business environment challenges while emphasizing focus on profitable growth and fan engagement.
Funko (NASDAQ: FNKO) has announced a groundbreaking partnership with the WNBA to launch its first-ever WNBA player Pop! figures collection. The initial wave, set for pre-sale on May 14, 2025, will feature four prominent players: A'ja Wilson (Las Vegas Aces), Angel Reese (Chicago Sky), Breanna Stewart (New York Liberty), and Caitlin Clark (Indiana Fever).
This initiative follows Funko's successful ventures in basketball merchandising, including the NBA Pop! Yourself and NBA Crossover Activation. The company plans to expand its presence through upcoming activations at major events like the NBA Finals and Fanatics Fest NYC, demonstrating its commitment to sports culture and fan engagement.
Loungefly, a lifestyle brand owned by Funko (NASDAQ: FNKO), has announced a new collaboration with KFC to launch an exclusive accessory collection. The collection, available on Loungefly.com starting April 25, features designs inspired by KFC's Original Recipe fried chicken and Colonel Sanders.
The collection includes three main items: a Sherpa KFC Drumstick Crossbody Bag priced at $75, a pearlescent KFC Mini Backpack at $80, and a Colonel Sanders Wallet at $40. According to Doug Oglesby, Senior Vice President of Product Strategy and Planning at Funko, this collaboration demonstrates Loungefly's commitment to leveraging licensing opportunities for creating unique accessories.