Funko, Inc. (FNKO) reported first-quarter 2024 results, wherein the top line missed the Zacks Consensus Estimate and declined year over year. The bottom line fared better than both the Zacks Consensus Estimate and the year-ago quarterly number.FNKO has notably achieved a significant boost in gross margin, particularly driven by higher margins on the sales of value channel and lower-than-expected freight costs. This achievement showcases the effectiveness of the inventory management processes undertaken by t ...