Funko (FNKO) Tops Q2 EPS by 16c; Guides Above
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Funko Reports Second Quarter 2021 Sales of $236.1 Million, Up 141%
August 5, 2021 4:05 PM EDTRecord Quarter Driven by Broad-Based Strength Across Products, Channels, and Geographies
EVERETT, Wash.--(BUSINESS WIRE)-- Funko, Inc. ("Funko, or the Company) (Nasdaq: FNKO), a leading pop culture consumer products company, today reported its consolidated financial results for the second quarter ended June 30, 2021.
Second Quarter 2021 Financial Highlights
Net sales increased 141% y/y to $236.1 million Gross margin1 expanded 250 basis points y/y to 39% SG&A expenses increased 40% y/y to $54.9 million; as a percent of net sales, SG&A declined to... More