Funko post solid 3rd quarter figures

November 10, 2020

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In a year blighted by the coronavirus pandemic, Funko have posted 3rd quarter figures that have seen a 34% drop in Europe, but with the gross margin heading up.

Net sales are down -14% to $191.2m compared to $223.3m in the same period 2019. By geographical region, net sales decreased -4% in US to $140.9m, while internationally they fell -34% to $50.3m. Funko says the figures reflect the more significant impact of Covid-19 in Europe. Sales of figures fell 18% while sales of other products decreased by only 1%. Funko’s Loungefly brand was a strong performer in the quarter, with sales increasing +25% thanks to strong momentum at Loungefly.com and at wholesale retailers.

Funko expects that effects from the Covid-19 pandemic will continue to impact sales in the fourth quarter of 2020 and currently expects net sales on a percentage basis to be down 10% compared to the prior year.

SourceToyworld Mag

Mark Newbold

Exploring the galaxy since 1978, Mark wrote his first fan fiction in '81 and has been a presence online since webpage Fanta War in 1996. He is the EiC and Daily Content Manager of Fantha Tracks and currently contributes to ILM.com, SkywalkerSound.com, Star Wars – Das Offizielle Magazin, Journal of the Whills and Starburst Magazine, having previously contributed to magazines Star Wars Insider, Geeky Monkey, TV Film Memorabilia, Model and Collectors Mart, partworks Build Darth Vader, Star Wars Encyclopedia, and Build The Millennium Falcon, and websites Jedi.net, Jedi News, StarWars.com, Lightsabre.co.uk, and Wirezone. He is the only podcaster to have appeared on every Celebration podcast stage since it began in 2015 (hosting it four times), and is the co-host of Making Tracks, Canon Fodder and Start Your Engines on Fantha Tracks Radio.

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Counting Down To:

September 2026

tue22sep12:01 AM11:59 PMLucas Museum of Narrative Art opening ceremonyEvent ends in

Event Details

The Lucas Museum of Narrative Art celebrates the power of visual storytelling. Founded by George Lucas and Mellody Hobson, the museum explores how images move us and shape our collective memory. From Frida Kahlo’s self-portrait to Norman Rockwell’s scenes of everyday life to Charles White’s portraits of dignity. Each invites reflection. Each tells a story.

Designed by Ma Yansong of MAD, the Lucas Museum is located in Exposition Park in the South Los Angeles region. The museum’s campus includes new green space designed by Mia Lehrer and her team at Studio-MLA. Inside the building, our galleries explore timeless themes—family, love, work, play, fantasy, and more. Additional spaces include two state-of-the-art cinematic theaters and dedicated areas for learning, dining, retail, and events.

George Lucas and Mellody Hobson share a conviction that illustrated stories connect people across cultures and generations. Their decades of collecting span iconic American painting and popular illustration, comics, and cinematic art.

Lucas, creator of the Star Wars and Indiana Jones franchises, and founder of the George Lucas Educational Foundation began collecting in college, when the only art he could afford was original comic art for $30. Over 50 years, that collection has grown to more than 40,000 works. “I could never sell my art,” Lucas says. “It just is not what I think art is. I think it’s more about an emotional connection with the work, not how much it cost.”

Hobson, in addition to managing Ariel Investments, is the former chair of Starbucks Corporation and serves as a director of JPMorganChase.

In 2010, Hobson and Lucas signed the Giving Pledge, a campaign and public promise by some of the world’s wealthiest philanthropists to give the majority of their wealth to charitable causes. The pair is committed to improving education, particularly through the arts. “We’ve always said we’re holding society’s money, which we fully intend to give back,” Hobson says. “This is how we’re doing it.”

Time

September 22, 2026 12:01 AM - 11:59 PM(GMT-07:00)

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October 2026

sat17oct11:00 AM4:00 PMThank The Maker: Rogue One - Saturday 17th October 2026The Journey Behind The Star Wars StoriesEvent ends in

February 2027

fri19feb12:01 AM11:59 PMStar Wars 50th Anniversary releaseEvent starts in

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In a year blighted by the coronavirus pandemic, Funko have posted 3rd quarter figures that have seen a 34% drop in Europe, but with the gross margin heading up.

Net sales are down -14% to $191.2m compared to $223.3m in the same period 2019. By geographical region, net sales decreased -4% in US to $140.9m, while internationally they fell -34% to $50.3m. Funko says the figures reflect the more significant impact of Covid-19 in Europe. Sales of figures fell 18% while sales of other products decreased by only 1%. Funko’s Loungefly brand was a strong performer in the quarter, with sales increasing +25% thanks to strong momentum at Loungefly.com and at wholesale retailers.

Funko expects that effects from the Covid-19 pandemic will continue to impact sales in the fourth quarter of 2020 and currently expects net sales on a percentage basis to be down 10% compared to the prior year.

SourceToyworld Mag

Mark Newbold

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