Just tried ASCII art and it doesn't work, I'll have to try playing with the width.
figlet -f banner 'foo' | sed 'y/# //'
(should work with `tr '# ' ''` too, but I only have the busybox version which only works with ASCII)EDIT: and I forgot what a pain Unicode can be on HN as well. Unbutchered here: https://pastebin.com/jVSUwVCS