Funko shares jump to 12-month high after Q1 sales rise

7 articles · Updated · MarketWatch · May 8

The stock surged more than 36% to $6.09 on Friday after first-quarter revenue rose 5% to $200.9 million, versus analysts' expectations for a 1% decline.
Core collectibles sales increased 17%, while Loungefly revenue fell 23%, a smaller drop than Funko had forecast after cutting tariff-hit unprofitable products.
Funko also posted a smaller-than-expected net loss of 11 cents a share, and Davidson raised its price target, citing World Cup demand, licensing gains and lower tariff rates.

Funko's stock just surged 36%. Is this a real turnaround or a bubble fueled by adult toy buyers?

The 'kidult' toy market is booming. Does Funko's strategy give it a long-term edge over its bigger competitors?