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Stock impact report

Funko Honors The Past As It Looks To The Future With Project Fred [Forbes]

Funko, Inc. - Class A (FNKO) 
Last funko, inc. - class a earnings: 3/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.funko.com/investor-relations
Company Research Source: Forbes
Demand for Funko's Project Fred product exceeded supply before the landmark premium project's launch. Even the founder of the 25-year-old collectibles giant didn't see that coming. "We already have 15,000 people in the hopper to buy 750 units, so it's not going to be a problem selling them," explained Mike Becker, who also serves as Senior Vice President. "I feel a little bad because one of the things I always say about Funko is that we're all for fun, and fun for all you know, it's for whoever wants to come along. We did this as a little experiment but never thought that reaction would be so good." The first product in the line, which costs $295, combines Funko's mascot, Freddy, with the iconic Bob's Big Boy character, which inspired the original Wacky Wobbler that launched Funko. 75 of the 750 collectibles will be a variant of Freddy in "an alternate Bob's Big Boy outfit." "I don't think we had any idea we'd have this much demand. We were looking to do fun things again," Beck Show less Read more
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