The Funko company is throwing away $30M worth of which toy, because it’s cheaper than storing them? – answered
The Funko company is throwing away $30M worth of which toy, because it’s cheaper than storing them?
The options that are given for this Bing homepage quiz are listed below:
A: Frisbees
B: Toy guns
C: Bobblehead dolls
The correct answer is Bobblehead dolls.
See The Reason for That answer below:
Funko, a company that produces collectible figurines known as Funko Pops, is set to dispose of between $30 million and $36 million worth of excess inventory due to a significant drop in demand for their products. The company’s CEO, Brian Mariotti, revealed that they will be using a third-party company based in Arizona to destroy the surplus figurines, which have been causing operational issues and incurring rental charges.
Despite being a popular and sought-after collectible in the past, recent years have not been kind to Funko, with their core collectibles category experiencing a 6.6% drop in sales between 2021 and 2022. In addition, the company’s debt has grown to $245.8 million at the end of 2022, up 42% from the previous year, and their profit fell by 108% to $5.2 million in 2022 compared to the previous year. The price of Funko’s stock fell by 1.1% on Monday, while trading at $9.75 per share.
Below is a list of all Bing quizzes for today
- Arnold Schwarzenegger went viral after releasing a video in which he denounced…Answered
- A couple in Spain were sentenced for stealing nearly $1.7M worth of what restaurant luxury item? – answered
- David Alan Chipperfield was awarded the Pritzker Prize, the top honor in the field of… Answered
- Jim Boeheim stepped down after 47 seasons as head men’s basketball coach at which university? – Answered
- Despite his rheumatoid arthritis, New Jersey native Andrew Crosby hiked which 2,200-mile trail? – answered
- A court ruled that US dairy farmers can legally use the French name for which variety of cheese? – answered
- What did scientists revive that had been frozen in permafrost for nearly 50,000 years? – answered
- Speaking of scientists, some just named an ‘extremely deadly’ fungicide after which movie star? – answered
- Pro athlete KJ Osborn helped pull a man from a burning car after a crash. Which NFL team does he play for? – Answered
- The Funko company is throwing away $30M worth of which toy, because it’s cheaper than storing them? – answered
Today’s Microsoft Bing quiz has 10-point rewards for the ten (10) questions of today if you select the correct answers for all the options. so make sure you use the information I provided here to your maximum benefit and pick only the right answers for today’s Bing quiz. Rewards can be used to purchase things from selected stores such as Amazon, Walmart, etc. when claimed as gift cards.
