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 (FNKO) delivers pop culture-inspired collectibles and licensed merchandise to global audiences through innovative product design and strategic partnerships. This news hub provides investors and enthusiasts with essential updates directly from corporate sources.
Access official press releases, earnings reports, and strategic announcements in one centralized location. Our curated feed includes product launch details, licensing expansions, leadership updates, and financial disclosures – all critical for understanding Funko's market position.
Key coverage areas: quarterly financial results, new collectible line announcements, retail partnership developments, and corporate governance updates. Each update is verified for accuracy and timeliness to support informed analysis of FNKO's performance.
Bookmark this page for streamlined access to Funko's latest developments in the dynamic pop culture merchandise sector. Regular updates ensure you maintain current awareness of the company's strategic initiatives and market opportunities.
Funko (NASDAQ: FNKO) has announced the expansion of its popular Bitty POP! line with the introduction of Bittyverse. This new collection, launching on August 1, includes Bitty POP! Rides, Towns, and Displays, enhancing the playability of the miniature Funko products. The expansion allows fans to mix and match IP-driven elements, creating endless combinations and scenarios.
Key features of Bittyverse include:
- Bitty POP! Rides for mobile play
- Bitty POP! Towns with iconic IP-inspired buildings
- Bitty POP! Displays for showcasing collections
This expansion aims to elevate collectors' experiences and imaginations, offering new ways to interact with Funko's pop culture-inspired products.
Funko, Inc. (Nasdaq: FNKO), a leading pop culture lifestyle brand, has announced it will host a conference call on Thursday, August 8, 2024, at 4:30 p.m. ET to discuss its financial results for the second quarter ended June 30, 2024. The conference call will be webcast and can be accessed on the investor relations section of the Funko website at https://investor.funko.com. A replay of the webcast will be available on the same website after the call.
Funko (Nasdaq: FNKO) announced inducement grants under Nasdaq Listing Rule 5635(c)(4) on May 20, 2024. The grants include non-qualified stock options for 297,974 shares, restricted stock units (RSUs) for 385,208 shares, and additional RSUs for 96,302 shares. These awards were given to Cynthia Williams, Funko's newly appointed CEO, as part of her employment commencement. The stock options have an exercise price of $8.39 per share and will vest if the stock price reaches $25.17 over a 90-day average within four years. The RSUs will vest annually over three to four years, contingent on Williams’ continued employment.
Funko, Inc. (FNKO) reported solid financial results for Q1 2024, with net sales meeting guidance, gross margin and adjusted EBITDA exceeding expectations. The company's new CEO, Cynthia Williams, was appointed. The balance sheet shows progress in reducing inventory levels and debt. The full-year 2024 outlook was reiterated, with net sales expected to be between $1.047 billion to $1.103 billion.
Funko, Inc. (Nasdaq: FNKO) has appointed Cynthia Williams as its new Chief Executive Officer (CEO), effective May 20, 2024. Williams brings nearly two decades of leadership experience in consumer products, gaming, and e-commerce industries. She has a successful track record at companies like Hasbro, Microsoft, and Amazon. The appointment is seen as a strategic move to drive Funko's growth and profitability to the next level.
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