Funko (FNKO) Tops Q3 EPS by 8c

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Funko Reports 2023 Third Quarter Financial Results

November 2, 2023 4:06 PM EDT

-- Results Exceed Expectations --

EVERETT, Wash.--(BUSINESS WIRE)-- Funko, Inc. (Nasdaq: FNKO), a leading pop culture lifestyle brand, today reported consolidated financial results for its third quarter ended September 30, 2023.

Third Quarter Financial Results Summary: 2023 vs 2022

Net sales were $312.9 million for the 2023 third quarter versus $365.6 million for the 2022 third quarter Gross profit was $104.0 million, equal to gross margin of 33.2%, for the 2023 third quarter, which included $6.4 million of charges related to factory purchase order cancellations, versus 35.0% for the 2022 third... More