Funko Reiterates FY24 Net Sales $1.047B-$1.103B Vs $1.077B Est.
Portfolio Pulse from Benzinga Newsdesk
Funko has reiterated its fiscal year 2024 net sales forecast, projecting sales to be between $1.047 billion and $1.103 billion, which aligns closely with the estimated $1.077 billion.
May 09, 2024 | 9:27 pm
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Funko reiterates its FY24 net sales guidance, projecting between $1.047 billion and $1.103 billion, in line with the $1.077 billion estimate.
Funko's reiteration of its fiscal year 2024 sales forecast, which closely matches analysts' expectations, is likely to instill confidence among investors and could positively impact the stock price in the short term. The alignment with estimates suggests that the company is on track to meet its financial goals, which is generally viewed positively by the market.
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