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Funkopop is losing billions on tariffs. This is a DIRECT assault on redditors.
| animeboi | 07/10/25 |
| Ass Sunstein | 07/10/25 |
| animeboi | 07/10/25 |
Poast new message in this thread
Date: July 10th, 2025 4:23 PM Author: animeboi (.) Funko replaces CEO as company sees more than $28 million loss
t’s not all fun and games at Funko, where financial challenges are forcing changes at the top.
The Everett-based company, known for its pop culture collectibles, including vinyl figures with giant heads, confirmed Interim CEO Michael Lunsford replaced CEO Cynthia Williams on July 5.
“We believe a change in leadership is necessary to deliver full shareholder value and believe Mike’s appointment positions us accordingly,” Charles Denson, Funko Board of Directors Chairman, said in a statement.
Funko sales were down in the first quarter of the year. The company lost $28.1 million dollars, or $0.52 per share
Funko raises prices over tariffs In a May blog post, Funko noted the need to raise prices because of tariffs as well as the rising cost of shipping and raw materials.
“I believe we have yet to achieve the full potential of Funko,” Lunsford said. “We have an iconic brand, passionate fans, great licensing and retail partners, and a dedicated team of highly capable employees.”
Tariffs aren't about bringing industry back to America, its about trying to erase us. |
Date: July 10th, 2025 4:28 PM Author: Ass Sunstein If you can't afford a 25% tariff, then YOU can't afford to buy Funko Pops. (http://www.autoadmit.com/thread.php?thread_id=5748779&forum_id=2#49090673) |
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Date: July 10th, 2025 4:31 PM Author: animeboi (.) I'm a Redditor, therefor I am Poor. And I am Poor because Trump is taking away my Medicare and restarting student loan payments.
SAY 👏 NO 👏 TO 👏 REDDITOR 👏 ERASURE |