The Latest Breaking News from Funko

Funko's CEO said a warehouse in Arizona had become overrun by the dolls.

Funko, the maker of the Funko Pop! collectible figurines, will "eliminate" a massive batch of its inventory to alleviate some of the company's financial struggles.

Gainers Swvl Holdings Corp. (NASDAQ: SWVL) surged 24.4% to $7.50. Swvl Holdings 13D Filing from investor Ahmed Sabbah showed a new 6.4% stake in the company.

Gainers Vinco Ventures, Inc. (NASDAQ: BBIG) shares rose 35% to $3.47 in pre-market trading. Vinco Ventures set record date as May 18, 2022 For dividend of shares related to Cryptyde deal. The dividend is expected to be distributed on May 27, 2022.

Shares of pop culture collectibles company Funko Inc (NASDAQ: FNKO) are rocketing higher after announcing first-quarter earnings and a new investment

Pop culture lifestyle brand Funko Inc (NASDAQ:FNKO) has relocated its main U.S. distribution facility from several distribution centers in Washington to one distribution center in Arizona. The company is leasing a 958,000-square-foot facility in Buckeye, Arizona, which will create over 300 jobs. Funko expects the facility to be operational in April 2022. The new…

The White Stripes have been Funko Pop'd.

Pulled from Benzinga Pro data, Funko (NASDAQ:FNKO) showed a loss in earnings since Q3, totaling $17.45 million. Sales, on the other hand, increased by 25.6% to $336.27 million during Q4.

Funko Inc (NASDAQ:FNKO) reported fourth-quarter FY21 sales growth of 48% year-on-year, to $336.27 million, beating the consensus of $272.49 million. Sales in the U.S. rose 47% to $252.9 million, Europe grew 59% to $64 million, and other International sales gained 32% to $19.4 million. The direct-to-consumer sales jumped by 74% Y/Y. The gross…