Funko Reports 2023 Fourth Quarter, Full Year Financial Results; Provides Full-Year Outlook for 2024 [Yahoo! Finance]
Funko, Inc. - Class A (FNKO)
Last funko, inc. - class a earnings: 3/5 04:15 pm
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US:NASDAQ Investor Relations:
investor.funko.com/investor-relations
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Source: Yahoo! Finance
EVERETT, Wash., March 07, 2024 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, 2023. The company also provided financial guidance for the 2024 first quarter and full year. Fourth-Quarter Financial Results Summary: 2023 vs 2022 Net sales were $291.2 million versus $333.0 million Gross profit was $109.4 million, equal to gross margin of 37.6%, compared with $94.3 million, equal to gross margin of 28.3% SG&A expenses were $97.4 million, which included $8.0 million of non-recurring charges primarily related to fair market value adjustments for assets held for sale. This compares with $139.2 million, which included $32.5 million of non-recurring charges related to the write down of an enterprise resource planning system, for the fourth quarter of 2022 Net loss was $10.8 million, or $0.21 per share, versus $42.2 million, or $0.89 per dilute
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News
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- Funko, Inc. (NASDAQ: FNKO) is now covered by analysts at B. Riley. They set a "buy" rating and a $10.00 price target on the stock.MarketBeat
- Leisure Products Stocks Q4 Earnings: Smith & Wesson (NASDAQ:SWBI) Best of the Bunch [Yahoo! Finance]Yahoo! Finance
FNKO
Earnings
- 3/7/24 - Beat
FNKO
Sec Filings
- 4/30/24 - Form 144
- 4/24/24 - Form DEFA14A
- 4/24/24 - Form DEF
- FNKO's page on the SEC website