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Here's how a tiny toymaker dodged the Toys R Us disaster that whacked Hasbro and Mattel (FNKO)

Here's how a tiny toymaker dodged the Toys R Us disaster that whacked Hasbro and Mattel (FNKO)
Funko



Toys R Us store closures and liquidation sales hammered Hasbro, Mattel, Spin Master and Jakks Pacific last year.




Funko was hardly affected due to its large and diversified customer base, multiple sales channels, and devoted shoppers.



The liquidation of Toys R Us and closure of more than 800 of its toy stores hammered Hasbro, Mattel, Spin Master and Jakks Pacific last year, as their recent results show. The only major toy stock to escape the fallout was Funko, thanks to its diversified customer base, range of sales channels, and devoted buyers.
How did Funko dodge the Toys R Us bullet?
In stark contrast to its peers, Funko's sales jumped 33% to $686 million last financial year, driving operating profit up 51% to $63.5 million.
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