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Funko shares dropped 42.1% since January, underperforming the S&P 500, but long-term prospects remain strong due to positive cash flows and reduced inventories and debt. Despite mixed financial performance, Funko's Core Collectible category saw significant growth, offsetting declines in other product lines, leading to better-than-expected revenue. Management's guidance for 2025 indicates a weak first half but improved performance in the second half, with strategies to mitigate tariff impacts and enhance profitability.
Funko, Inc. (NASDAQ:FNKO ) Q4 2024 Earnings Call March 6, 2025 4:30 PM ET Company Participants Rob Jaffe - Director, Investor Relations Cynthia Williams - Chief Executive Officer Yves Le Pendeven - Chief Financial Officer Conference Call Participants Stephen Laszczyk - Goldman Sachs Linda Weiser - D.A. Davidson Operator Good afternoon, and welcome to Funko's 2024 Fourth Quarter Financial Results Conference Call.
EVERETT, Wash.--(BUSINESS WIRE)--Funko, Inc. (Nasdaq: FNKO), a leading pop culture lifestyle brand, today reported its consolidated financial results for the fourth quarter and full year ended December 31, 2024. The company also provided financial guidance for the 2025 first quarter and full year. Fourth-Quarter Financial Results Summary: 2024 vs 2023 Net sales were $293.7 million versus $291.2 million Gross profit was $124.4 million, equal to gross margin of 42.4%, compared with $109.4 million.
The Top-Ranked Publicity Organization by The Observer Orchestrated an Exclusive "Game Night Reimagined" Event for The Op Games MIAMI, FL / ACCESS Newswire / March 5, 2025 / Dolphin (NASDAQ:DLPN) subsidiary 42West, a leading strategic communications and entertainment agency, took center stage at Toy Fair 2025, proudly representing industry giants Funko (NASDAQ:FNKO), The Op Games and Super7. Serving an unparalleled expertise in brand management and creative storytelling, 42West showcased the latest products and innovations from each brand, capturing the attention of media, creators and industry insiders.
FNKO's fourth-quarter results are likely to reflect year-over-year bottom-line growth. Dive in to learn more about the factors influencing the quarter.
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EVERETT, Wash.--(BUSINESS WIRE)--Funko, Inc. (Nasdaq: FNKO), a leading pop culture lifestyle brand, today announced that it will host a conference call on Thursday, March 6, 2025, at 4:30 p.m. ET to discuss its financial results for the fourth quarter ended December 31, 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. After the call, a replay of the webcast will be available on the same website. A.
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.
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.