Funko Donates $50,000 to St. Jude Children’s Research Hospital®
EVERETT, Wash., Dec. 14, 2018 (GLOBE NEWSWIRE) -- Funko, Inc. ("Funko,” or the “Company”) (Nasdaq: FNKO), a leading pop culture consumer products company, and Target Corp. (Target) (NYSE: TGT) announce the launch of an exclusive Target Bullseye Funko Pop! figure in support of St. Jude Children’s Research Hospital®.
“St. Jude Children’s Research Hospital is leading the way the world understands, treats and defeats childhood cancer and other life-threatening diseases and we are incredibly proud to partner with Target to support their efforts to find cures and help save the lives of children,” said Brian Mariotti, CEO of Funko. “We are excited to bring Funko’s style to Target’s iconic Bullseye character and think fans will be eager to help support this great cause, while adding to their collections.”
Bullseye has been Target’s official spokes-pup since 1999. He’s the life of the party wherever he goes and might just be the world’s most loveable terrier. Target customers can purchase the limited edition Funko Pop! figure at Target store locations throughout the United States and online through Target’s website, from December 16 through January 31. Funko donated $50,000 in honor of Pop! Pets to St. Jude Children’s Research Hospital®.
“Generous partners like Funko make it possible for St. Jude to continue our lifesaving work,” said Richard Shadyac Jr, President and CEO of ALSAC, the fundraising and awareness organization for St. Jude Children’s Research Hospital. “Contributions made through this campaign are helping ensure that families at St. Jude never receive a bill for treatment, travel, housing or food, because all a family should worry about is helping their child live.”
To learn how you can support St. Jude Children Research Hospital visit stjude.org.
To purchase an exclusive Target Bullseye Funko Pop! visit: https://www.target.com/b/funko/-/N-4ynjc?lnk=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, 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 St. Jude Children’s Research Hospital®
St. Jude Children’s Research Hospital is leading the way the world understands, treats and defeats childhood cancer and other life-threatening diseases. Its purpose is clear: Finding cures. Saving children.® It is the only National Cancer Institute-designated Comprehensive Cancer Center devoted solely to children. Treatments invented at St. Jude have helped push the overall childhood cancer survival rate from 20 percent to more than 80 percent since the hospital opened more than 50 years ago. St. Jude won’t stop until no child dies from cancer. St. Jude freely shares the discoveries it makes, and every child saved at St. Jude means doctors and scientists worldwide can use that knowledge to save thousands more children. Families never receive a bill from St. Jude for treatment, travel, housing or food – because all a family should worry about is helping their child live. Join the St. Jude mission by visiting stjude.org, liking St. Jude on Facebook, following St. Jude on Twitter and Instagram and subscribing to its YouTube channel.
About Target Corporation
Minneapolis-based Target Corporation (NYSE: TGT) serves guests at more than 1,800 stores and at Target.com. Since 1946, Target has given 5 percent of its profit to communities, which today equals millions of dollars a week. For the latest store count or for more information, visit Target.com/Pressroom. For a behind-the-scenes look at Target, visit Target.com/abullseyeview or follow @TargetNews on Twitter.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including statements regarding Funko’s partnership with St. Jude Children Research Hospital; future product offerings; product release dates and product features. These forward-looking statements are based on Funko management’s current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause Funko’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, the following: Funko’s ability to maintain and realize the full value of its license agreements; the ongoing level of popularity of Funko products with consumers; changes in the retail industry and markets for Funko consumer products; Funko’s ability to maintain relationships with retail customers and distributors; Funko’s ability to compete effectively; fluctuations in Funko’s gross margin; Funko’s dependence on content development and creation by third parties; Funko’s ability to develop and introduce products in a timely and cost-effective manner; Funko’s ability to obtain, maintain and protect its intellectual property rights or those of its licensors; potential violations of the intellectual property rights of others; Funko’s ability to attract and retain qualified employees and maintain its corporate culture; risks associated with Funko’s international operations; changes in U.S. tax law; foreign currency exchange rate exposure; the possibility or existence of global and regional economic downturns; Funko’s dependence on vendors and outsourcers; risks relating to government regulation; risks relating to litigation, including products liability claims and securities class action litigation; any failure to successfully integrate or realize the anticipated benefits of acquisitions or investments; reputational risk resulting from Funko’s e-commerce business and social media presence; risks relating to Funko’s indebtedness and its ability to secure additional financing; the potential for Funko’s electronic data to be compromised; the influence of Funko’s significant stockholder, ACON, and the possibility that ACON’s interests may conflict with the interests of Funko’s other stockholders; risks relating to Funko’s organizational structure; volatility in the price of Funko’s Class A common stock; and the potential that Funko will fail to establish and maintain effective internal control over financial reporting. These and other important factors discussed under the caption “Risk Factors” in Funko’s quarterly report on Form 10-Q for the first quarter of 2018 and its other filings with the Securities and Exchange Commission could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent Funko management’s estimates as of the date of this press release. While Funko may elect to update such forward-looking statements at some point in the future, Funko disclaims any obligation to do so, even if subsequent events cause its views to change. These forward-looking statements should not be relied upon as representing Funko’s views as of any date subsequent to the date of this press release.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/aa3db7b9-9134-4a15-b6d9-1636d66d0a04
Source: Funko, Inc.