Trump's tariffs could be 'catastrophic' for the toy industry [Yahoo! Finance Canada]
Funko, Inc. - Class A (FNKO)
Last funko, inc. - class a earnings: 3/5 04:15 pm
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Source: Yahoo! Finance Canada
Like many other industries and consumer products , toys will be hard hit by Trump's tariffs if the incoming Trump administration were to enact these trade restrictions. The Toy Book editor in chief and The Toy Insider senior editor, James Zahn, joins Josh Lipton on Asking for a Trend to take a closer look at how the toy industry will be affected by Trump's tariffs. Tariffs "could mean some catastrophic results for the toy industry, especially [for] small to mid-sized companies. So some of what we've heard is a 50% to 60% tariff on products coming out of China. Now we're hearing maybe it could be a little bit lower . But anything is bad when you're talking about an industry that produces roughly 80%, 85% of its goods in China." Amid geopolitical tensions between the US and China, some toymakers have shifted their production to other countries. "Funko ( FNKO ) is probably in the best position because they make so much in Vietnam right now, but for the rest of the majors, you've go
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FNKO
News
- Funko, Inc. (NASDAQ: FNKO) had its price target raised by analysts at Stifel Nicolaus from $11.00 to $12.00. They now have a "hold" rating on the stock.MarketBeat
- What Gabriel ‘Fluffy' Iglesias' love of wrestling taught him about building his brand in comedy [Los Angeles Times (CA)]Los Angeles Times
- Funko, Inc. (NASDAQ: FNKO) had its "buy" rating re-affirmed by analysts at DA Davidson. They now have a $16.00 price target on the stock.MarketBeat
- Three Reasons Why FNKO is Risky and One Stock to Buy Instead [Yahoo! Finance]Yahoo! Finance
- Jason Harinstein Joins Funko Board of Directors as Company Continues Momentum in Pop Culture SpaceBusiness Wire
FNKO
Earnings
- 11/7/24 - Beat
FNKO
Sec Filings
- 1/2/25 - Form 144
- 12/30/24 - Form 4
- 12/30/24 - Form 4
- FNKO's page on the SEC website