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    FNKO   US3610081057

FUNKO, INC.

(FNKO)
  Report
Real-time Estimate Quote. Real-time Estimate Cboe BZX - 10/19 10:33:28 am
19.115 USD   -0.75%
10/18INSIDER SELL : Funko
MT
09/22FUNKO : Enters New Credit Agreement to Repay Debt
MT
09/22FUNKO, INC. : Entry into a Material Definitive Agreement, Financial Statements and Exhibits (form 8-K)
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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Funko : The Mandalorian's Grogu to Make Debut as Funko Pop!-Inspired Balloon at 2021 Macy's Thanksgiving Day Parade

09/13/2021 | 11:35am EDT

(EVERETT, Wash and NEW YORK, NY) -- Funko, Inc. ('Funko,' or the 'Company') (Nasdaq: FNKO), a leading pop culture consumer products company, together with Macy's, Inc. (NYSE:M) and in collaboration with Lucasfilm, announced today that a Funko Pop! -inspired balloon featuring the character Grogu (known in pop culture as Baby Yoda), from the beloved Star Wars series The MandalorianO streaming on Disney+, will fly at this year's Macy'sThanksgiving Day Parade.

Taking flight in the annual spectacle on Thursday, November 25, 2021, the Grogu-inspired balloon emulates the Funko Pop! version of the character. A limited-edition Macy's Parade balloon-inspired product line will be available for sale only on Funko.com. Additionally, Macy's will have select items from Funko available for purchase at Macy'sHerald Square this fall.

'The giant balloons in the Macy'sThanksgiving Day Parade have always reflected the very best of pop culture and there is no better example of that than Grogu who has become an instant global sensation,' said Will Coss, Executive Producer, Macy'sThanksgiving Day Parade. 'We are thrilled to collaborate with Funko and Lucasfilm on this Funko Pop! version of the beloved character that is sure to delight legions of Star Wars galaxy fans.'

Taking shape in larger-than-life form, the Grogu-inspired balloon will measure 41-feet high, 29-feet long and 37-feet wide, as it flies down the streets of Manhattan in the Macy'sThanksgiving Day Parade, adding pop culture magic for Funko and Star Wars fans and delighting millions of spectators in person and on television. On Thanksgiving Day, the newest addition will join a line-up filled with Macy's signature mix of giant character helium balloons, fantastic floats, marching bands, performance groups, celebrities, clowns and the one-and-only Santa Claus.

'Funko is ecstatic to bring the Funko Pop! version of the character as a Grogu-themed balloon to the Macy'sThanksgiving Day Parade,' said Brian Mariotti, Chief Executive Officer at Funko. 'Connecting one of pop culture's most recognizable characters from one of the biggest entertainment brands in the world with one of our nation's most beloved holiday traditions is truly a moment in pop culture history that will be remembered by Funko fans and millions of other viewers.'

Funko also collaborated with Lucasfilm to develop an all-encompassing line of consumer products including:

Funko Pop! bobbleheads

Funko Deluxe Pop! Bobbleheads

Funko Pop! Keychain

Funko Hooded Sweatshirt (Kids & Adults)

Funko T-Shirt (Kids & Adults)

'Grogu has become a global phenomenon, captivating fans of all ages with his charm, humor and loyalty, as seen in The Mandalorian on Disney+,' said Paul Southern, Senior Vice President, Franchise & Licensing, Lucasfilm and National Geographic, Disney Consumer Products, Games and Publishing. 'This fall, fans will be able to see Grogu reimagined in a size befitting his impact in the Star Wars galaxy and pop culture, as well as enjoy a new sampling of Grogu-inspired products in celebration of this momentous occasion.'

The Emmy Award-winning series The Mandalorian made its seismic world debut on Disney+ in November of 2019, and continued in Season 2 with the Mandalorian and the Child making their way through a dangerous galaxy in the tumultuous era after the collapse of the Galactic Empire. The series is created by showrunner Jon Favreau who also serves as executive producer along with Dave Filoni, Kathleen Kennedy, and Colin Wilson, with Karen Gilchrist and Carrie Beck as co-executive producers.

The 95th Annual Macy'sThanksgiving Day Parade will air nationwide on NBC-TV, Thursday, November 25, 2021 from 9:00 a.m. to noon in all time zones. For more information visit macys.com/parade. To follow and participate in the excitement, check out @macys on various social platforms and follow #MacysParade.

For more information on Funko, fans can visit https://funko.com/.

# # #

ABOUT FUNKO

Headquartered in Everett, Washington, Funko is a leading pop culture consumer products company. Funko designs, sources and distributes licensed pop culture products across multiple categories, including vinyl figures, board games, action toys, plush, apparel, housewares and accessories for consumers who seek tangible ways to connect with their favorite pop culture brands and characters. Learn more at https://funko.com/, and follow us on Twitter (@OriginalFunko) and Instagram (@OriginalFunko).

ABOUT MACY'S

Macy's is America's Department Store. For more than 160 years, Macy's, the largest retail brand of Macy's, Inc., has served generations at every stage of their lives. Through a digitally led shopping experience powered by macys.com, our award-winning mobile app, and a nationwide portfolio of stores, Macy's customers come to us for fashion, value and high-quality products. We are proud of our heritage and the unique role we play in American culture and tradition. We celebrate occasions big and small, and have created decades of memorable experiences through Macy's 4th of July Fireworks and Macy'sThanksgiving Day Parade, as well as spectacular fashion shows, culinary events, flower shows, and celebrity appearances. With the collective support of our customers and colleagues, Macy's helps make a difference in every market we serve, supporting local and national charities through funding and volunteer service. With fashion, value and celebration as our guide, Macy's makes life shine brighter for our customers, colleagues, and communities. For more information, please visit macysinc.com.

Lucasfilm, the Lucasfilm logo, STAR WARS and related properties are trademarks and/or copyrights, in the United States and other countries, of Lucasfilm Ltd. and/or its affiliates. & TM Lucasfilm Ltd.

PRESS CONTACTS:

Jessica Piha-Grafstein

Funko

jessicap@funko.com

Briana Rojas

BHI, a Division of 42West

Briana_Rojas@bhimpact.com

Orlando Veras

Macy's

Orlando.Veras@macys.com

(C) 2021 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
FUNKO, INC. 0.13% 19.23 Delayed Quote.85.55%
MACY'S, INC. -4.39% 27.105 Delayed Quote.151.11%
All news about FUNKO, INC.
10/18INSIDER SELL : Funko
MT
09/22FUNKO : Enters New Credit Agreement to Repay Debt
MT
09/22FUNKO, INC. : Entry into a Material Definitive Agreement, Financial Statements and Exhibit..
AQ
09/13FUNKO : The Mandalorian's Grogu to Make Debut as Funko Pop!-Inspired Balloon at 2021 Macy'..
AQ
08/31FUNKO : Jefferies Upgrades Funko to Buy From Hold, Adjusts Price Target to $25 From $21
MT
08/26FUNKO : Rings in the Holidays With New Line of Seasonal Products Featuring Pop Culture Fav..
BU
08/26Funko, Inc. Rings in the Holidays with New Line of Seasonal Products Featuring Pop Cult..
CI
08/05FUNKO-A : Q2 Earnings Snapshot
AQ
08/05FUNKO : Swings to Q2 Adjusted Profit, Net Sales Rise; Raises 2021 Outlook
MT
08/05FUNKO : Earnings Flash (FNKO) FUNKO Posts Q2 Revenue $236.1M
MT
More news
Analyst Recommendations on FUNKO, INC.
More recommendations
Financials (USD)
Sales 2021 924 M - -
Net income 2021 41,6 M - -
Net Debt 2021 115 M - -
P/E ratio 2021 22,2x
Yield 2021 -
Capitalization 759 M 759 M -
EV / Sales 2021 0,95x
EV / Sales 2022 0,86x
Nbr of Employees 911
Free-Float 46,6%
Chart FUNKO, INC.
Duration : Period :
Funko, Inc. Technical Analysis Chart | FNKO | US3610081057 | MarketScreener
Technical analysis trends FUNKO, INC.
Short TermMid-TermLong Term
TrendsNeutralBearishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 9
Last Close Price 19,26 $
Average target price 24,69 $
Spread / Average Target 28,2%
EPS Revisions
Managers and Directors
Brian Mariotti Chief Executive Officer & Director
Andrew Mark Perlmutter President
Jennifer Marie Fall Jung Chief Financial Officer
Kenneth R. Brotman Chairman
Joe Sansone Chief Global Operations Officer
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