Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Funko, Inc.    FNKO

FUNKO, INC.

(FNKO)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

FUNKO INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Funko, Inc. - FNKO

11/06/2020 | 10:51pm EST

Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Funko, Inc. (NasdaqGS: FNKO).

On February 5, 2020 the Company disclosed disappointing preliminary Q4 2019 results, including an 8% year-over-year decrease in net sales of $214 million, which the Company blamed in part on a $16.8 million charge to write down slow-moving inventory. Then, on March 5, 2020, the Company released its Q4 2019 and full year 2019 financial results, confirming that net sales for fourth quarter had decreased to $213.6 million due to, among other things, “softness at retail during the holiday season which led to a decrease in orders.”

Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information during the Class Period, violating federal securities laws.

KSF’s investigation is focusing on whether Funko’s officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.

If you have information that would assist KSF in its investigation, or have been a long-term holder of Funko shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nasdaqgs-fnko/ to learn more.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking to recover investment losses due to corporate fraud and malfeasance by publicly traded companies. KSF has offices in New York, California and Louisiana.

To learn more about KSF, you may visit www.ksfcounsel.com.


© Business Wire 2020
All news about FUNKO, INC.
01/12FUNKO : Awards ChizComm Beacon Media Multi-Platform Media for New Toy Line
PR
01/06FUNKO : Rings in New Year with Inaugural Funko Fair
BU
2020Piper Sandler Upgrades Funko to Overweight From Neutral; Price Target is $12
MT
2020BMO Capital Downgrades Funko to Underperform From Market Perform, Adjusts Pri..
MT
2020FUNKO : Investor Presentation
PU
2020FUNKO INVESTIGATION INITIATED BY FOR : Kahn Swick & Foti, LLC Investigates the O..
BU
2020FUNKO : 3Q Earnings Snapshot
AQ
2020FUNKO : Management's Discussion and Analysis of Financial Condition and Results ..
AQ
2020Earnings Flash (FNKO) FUNKO Posts Q3 EPS $0.31
MT
2020FUNKO, INC. : Results of Operations and Financial Condition (form 8-K)
AQ
More news
Financials (USD)
Sales 2020 619 M - -
Net income 2020 0,25 M - -
Net Debt 2020 199 M - -
P/E ratio 2020 -6 958x
Yield 2020 -
Capitalization 414 M 414 M -
EV / Sales 2020 0,99x
EV / Sales 2021 0,86x
Nbr of Employees 704
Free-Float 37,8%
Chart FUNKO, INC.
Duration : Period :
Funko, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends FUNKO, INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 9
Average target price 8,90 $
Last Close Price 11,62 $
Spread / Highest target 20,5%
Spread / Average Target -23,4%
Spread / Lowest Target -65,6%
EPS Revisions
Managers and Directors
NameTitle
Brian Mariotti Chief Executive Officer & Director
Andrew Perlmutter President
Kenneth R. Brotman Chairman
Joe Sansone Chief Global Operations Officer
Jennifer Fall Jung Chief Financial Officer
Sector and Competitors
1st jan.Capitalization (M$)
FUNKO, INC.11.95%414
TAKE-TWO INTERACTIVE SOFTWARE, INC.-0.36%22 502
BANDAI NAMCO HOLDINGS INC.3.90%19 737
HASBRO, INC.3.70%13 292
UBISOFT ENTERTAINMENT10.60%13 035
MATTEL4.47%6 345