Funko paid $5 million in excess warehouse labor in Q3

Company CultureHigh Tech / High Touch
Written By Jennifer Joslyn

In a November 3rd earnings call, Funko’s CFO Jennifer Fall Jung said that the company had paid out $5 million in excess warehouse labor during the third quarter. The reason for this excess labor cost was due to the consolidation of its fulfillment center without the intended software at its fingertips. The maker of bobblehead-like pop culture collectibles had not expected to move forward without any warehouse management software.

The fulfillment center was opened early regardless of this due to elevated demand for its action figures and collectibles. Its vinyl figurines of comic book characters and other pop culture icons are now housed in a single facility in Buckeye, Arizona.

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Jennifer Joslyn
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