Funko (FNKO) Tops Q2 EPS by 3c, Offers Guidance
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Funko Reports Second Quarter 2022 Net Sales of $315.7 million, Up 33.7%
August 4, 2022 4:05 PM EDTRecord Second Quarter Net Sales Driven by Broad-Based Strength Across Brands, Channels, and Geographies
EVERETT, Wash.--(BUSINESS WIRE)-- Funko, Inc. ("Funko, or the Company) (Nasdaq: FNKO), a leading pop culture lifestyle brand, today reported its consolidated financial results for the second quarter ended June 30, 2022.
Second Quarter 2022 Financial Summary
Net sales increased 33.7% y/y to $315.7 million Net income declined 24.6% y/y to $15.8 million Net income margin1 contracted 390 basis points y/y to 5.0% Adjusted EBITDA2 declined 22.7% y/y to $31.8... More