Streetbeat News

FIGS

FIGS, Inc.

https://www.wearfigs.com

Industry

Apparel - Manufacturers

FIGS, Inc. operates as a direct-to-consumer healthcare apparel and lifestyle company in the United States. It designs and sells healthcare apparel and other non-scrub offerings, such as lab coats, under scrubs, outerwear, activewear, loungewear, compression socks footwear, and masks. It also offers sports bras, performance leggings, tops, super-soft pima cotton tops, vests, and jackets. The company markets and sells its products through its digital platform comprising website and mobile app. FIGS, Inc. was founded in 2013 and is headquartered in Santa Monica, California.

Open

4.92

Mkt cap

804M

Volume

3.3M

High

5.09

P/E Ratio

99.60

52-wk high

7.98

Low

4.89

Div yield

N/A

52-wk low

4.30

Figs reported disappointing Q3 2024 results with a 2% revenue decline and a significant drop in EBITDA margins, causing a 30% stock price drop. High SG&A expenses and a questionable investment decision raise concerns, justifying a Hold rating.

Portfolio Pulse from

November 13, 2024 | 3:30 pm

FIGS, Inc. held its Q3 2024 earnings conference call, discussing financial performance and future outlook with various analysts and investors.

Portfolio Pulse from

November 09, 2024 | 1:45 pm

Figs (FIGS) has released its Q3 earnings report, which includes revenue and EPS figures. Investors should consider how these metrics compare to Wall Street estimates and the previous year's numbers to gauge the company's performance.

Portfolio Pulse from

November 08, 2024 | 2:15 am

Jim Cramer on CNBC's 'Mad Money' shared his views on several stocks. He finds AST SpaceMobile 'too hot' and FTAI Aviation 'too high'. He recommends buying Shopify, which has a raised price target from Barclays. Cramer also sees FIGS as a good speculative buy.

Portfolio Pulse from Avi Kapoor

October 07, 2024 | 1:00 pm

FIGS is expanding its retail presence by opening a second community hub in Philadelphia's Rittenhouse neighborhood, following the success of its first hub in Los Angeles. This move marks FIGS' growth strategy to increase its physical retail footprint.