FNKO Stock Recent News

Funko-A (FNKO) could produce exceptional returns because of its solid growth attributes.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

EVERETT, Wash.--(BUSINESS WIRE)--Funko, Inc. (Nasdaq: FNKO), a leading pop culture lifestyle brand, is excited to announce the appointment of Jenn Reeves as Senior Vice President of Brand. Jenn will report directly to Cynthia Williams, CEO of Funko, and serve as a key member of the executive team, responsible for driving the 26-year-old company's brand positioning, voice, persona, and growth strategies globally. “Jenn's proven track record of building transformative consumer engagement campaign.

Funko-A (FNKO) is well positioned to outperform the market, as it exhibits above-average growth in financials.

AMZN, VST, FNKO and SUPV are four stocks with explosive relative price strength.

SONY, VVOS, DXC, LIND and FNCO have been added to the Zacks Rank #1 (Strong Buy) List on January 8, 2024.

Funko shares have risen significantly since my initial 'strong buy' rating, but it's time to downgrade to a 'buy' due to limited upside. Recent revenue decline is attributed to weaker performance in specialty retailers and geographical regions, but profitability metrics have improved. Inventory management and debt reduction have been key areas of focus, showing positive trends despite revenue challenges.

EVERETT, Wash.--(BUSINESS WIRE)--Funko, Inc. (Nasdaq: FNKO), a leading pop culture lifestyle brand, today announced that its Board of Directors appointed Jason Harinstein as an independent director to the Board, effective immediately. In connection with the appointment, the Board increased its size to nine members, further strengthening the independent voices guiding the company's strategic vision. Mr. Harinstein will also join the Company's Audit Committee. “Jason's wealth of experience in the.

Funko's stock has surged over 50% YTD under new CEO Cynthia Williams, driven by strategic SKU reductions and improved financial performance. Despite a challenging U.S. economy, Funko's international growth and reduced inventory have bolstered revenue, though risks like debt and reliance on fads remain. Q2 results exceeded expectations with 3% y/y revenue growth and a 13-point gross margin improvement, aided by favorable shipment timing and cost reductions.

Here is how Funko-A (FNKO) and Madison Square Garden Entertainment (MSGE) have performed compared to their sector so far this year.