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.
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.
Funko (NASDAQ: FNKO), a leading pop culture lifestyle brand, has scheduled its Q1 2025 financial results conference call for Thursday, May 8, 2025, at 4:30 p.m. ET. The call will cover financial performance for the quarter ending March 31, 2025.
Investors and interested parties can access the webcast through the investor relations section of Funko's website at investor.funko.com, where a replay will also be available after the call.
Funko (NASDAQ: FNKO) has announced plans to open its first Southeast Asian licensed store in the Philippines, scheduled for June 2025. The store, operated by local retailer Funtastik Enterprises Corp, will be located in SM Mall of Asia.
The expansion targets one of Funko's fastest-growing fan communities, as Filipino audiences rank among the world's most engaged Funko consumers. The Philippines market is characterized by thriving comic conventions, strong community engagement, and a booming e-commerce ecosystem.
The retail space will feature:
- Exclusive product drops
- Interactive zones
- Entertainment, sports, and music franchise collections
- Anime-themed products
- Various collectibles including Funko Pop!, Bitty Pop!, Loungefly
- Manila-exclusive apparel
Funko (Nasdaq: FNKO) has appointed Cliff Engle as Senior Vice President of Distribution, Logistics, and Operations, effective April 7, 2025. Engle will oversee the company's global distribution and logistics operations, including facilities in Arizona and the UK, focusing on operational excellence and supply chain strategy.
Bringing over 25 years of executive leadership experience in global supply chain and operations, Engle has held senior positions at Amazon, PETsMART, The Home Depot, Scotts MiracleGro, and Fender Musical Instruments. His most recent role was Chief Supply Chain Officer at PrimeSource Building Products.
CEO Cynthia Williams emphasized the timing of Engle's appointment, particularly in addressing shifting supply chain dynamics and tariff impacts. Engle holds a bachelor's degree in Global Business and Finance from Arizona State University and will report directly to Williams as part of Funko's executive leadership team.
Funko (NASDAQ: FNKO) has announced a groundbreaking collaboration with #1 New York Times bestselling author Lauren Roberts, launching its first-ever literary-based Pop! figures on March 31. The collection features characters Paedyn Gray and Kai Azer from Roberts' Powerless trilogy, marking Funko's first venture into creating collectibles based purely on book characters without prior media adaptations.
The launch strategically aligns with the release of Fearless, the trilogy's final installment, scheduled for April 2025. The Powerless series has achieved remarkable success, maintaining its position on the New York Times bestseller list for 34 weeks and selling over one million copies. The series' novella, Powerful, also spent nine weeks on the bestseller list.
Funko (NASDAQ: FNKO) reported its Q4 and full-year 2024 financial results, showing mixed performance. Q4 net sales reached $293.7M (up 1% YoY), with gross margin improving to 42.4% from 37.6%. The quarter saw a reduced net loss of $1.5M ($0.03 per share) compared to $10.8M loss in 2023.
For full-year 2024, net sales decreased to $1.05B from $1.10B, while gross profit improved significantly to $434.5M (41.4% margin). The company reduced its annual net loss to $14.7M from $154.1M in 2023. Notable achievements include a $90M reduction in total debt and strong performance in direct-to-consumer and EMEA sales, driven by Pop! Yourself and Bitty Pop! product lines.
The company maintains a positive outlook for 2025, focusing on strategic growth through expansion in sports, music, and gaming categories, with growth expected to be weighted toward the second half of the year.
Funko (Nasdaq: FNKO) has appointed Glenn Abell as Senior Vice President of Sales for the U.S. and Canada, effective February 24, 2025. Abell brings over 20 years of experience in the global toy and collectibles industry, having previously held senior leadership roles at Mattel, Moose Toys, and The LEGO Group.
In his new role, Abell will oversee Funko's sales organization, driving strategy, execution, and growth across wholesale and specialty sales channels. CEO Cynthia Williams expressed confidence that Abell's track record of driving revenue growth and building high-performing sales teams will be instrumental in Funko's strategic fandom expansion and transformation.
Prior to joining Funko, Abell served as General Manager and Global Head of the building sets category at Mattel. He also has extensive board experience, including serving on the Board of Trustees for the Toy Foundation.
Funko (Nasdaq: FNKO), a leading pop culture lifestyle brand, has announced it will host a conference call to discuss its fourth quarter 2024 financial results on Thursday, March 6, 2025, at 4:30 p.m. ET. The conference call will be accessible via webcast through the investor relations section of Funko's website. A replay of the webcast will be made available on the same website after the call.
Funko (NASDAQ: FNKO) has announced a partnership with the NBA to expand its Pop! Yourself product line, allowing fans to create personalized vinyl figures featuring official logos of all 30 NBA teams. The launch is scheduled for February 14, coinciding with NBA All-Star 2025 in the San Francisco Bay Area.
The customizable figures will be available through Funko's online platform for $35, featuring black tank tops with official team logos, two accessories (basketball and trophy), and NBA-branded packaging. Additionally, Funko will host The Pop! Yourself NBA FanCave at NBA Crossover, featuring meet-and-greets with NBA stars Darius Garland and Cade Cunningham, personalization stations, photo opportunities, and exclusive merchandise shopping.
Funko (NASDAQ: FNKO) has appointed Jenn Reeves as Senior Vice President of Brand, reporting directly to CEO Cynthia Williams. Reeves brings over 20 years of experience in brand revitalization and repositioning, most recently serving as Global Vice President of Brand Marketing at Stanley 1913.
In her new role, Reeves will be responsible for driving Funko's global brand strategy, overseeing brand positioning, voice, persona, and growth strategies. Her responsibilities include developing breakthrough campaigns, creative brand storytelling, integrated marketing strategies, and brand partnerships across Funko's product portfolio, which includes vinyl figures, bags, apparel, high-end collectibles, and accessories.
The appointment aims to strengthen Funko's market position and deepen consumer engagement through innovative marketing approaches and cohesive brand messaging across all channels.
