CSIMarket
 
Figs Inc   (NYSE: FIGS)
Other Ticker:  
 
 
Price: $5.2000 $0.07 1.365%
Day's High: $5.225 Week Perf: -4.59 %
Day's Low: $ 5.03 30 Day Perf: -12.75 %
Volume (M): 1,212 52 Wk High: $ 7.06
Volume (M$): $ 6,300 52 Wk Avg: $5.60
Open: $5.04 52 Wk Low: $4.30



 Market Capitalization (Millions $) 885
 Shares Outstanding (Millions) 170
 Employees 1,000
 Revenues (TTM) (Millions $) 548
 Net Income (TTM) (Millions $) 11
 Cash Flow (TTM) (Millions $) -59
 Capital Exp. (TTM) (Millions $) 20

Figs Inc
The healthcare apparel and lifestyle brand known as FIGS is founder-led and focuses on serving healthcare professionals. The company's mission is to celebrate and empower healthcare professionals, who they refer to as "Awesome Humans," and help them look, feel, and perform their best 24/7, 365 days a year. FIGS creates technically advanced apparel and products that combine comfort, durability, function, and style at an affordable price. The brand has redefined scrubs, giving rise to their tagline, "why wear scrubs when you can #wearFIGSe"

FIGS has revolutionized the large and fragmented healthcare apparel market by branding an unbranded industry, de-commoditizing a previously commoditized product, and elevating scrubs to create premium products for healthcare professionals. The company has built a community and lifestyle around a profession, becoming the industry's category-defining healthcare apparel and lifestyle brand.

FIGS sells purposefully designed products that serve the needs of healthcare professionals primarily through a convenient direct-to-consumer (DTC) digital platform consisting of a website and mobile app. Their offerings include scrubwear and non-scrubwear, such as lab coats, underscrubs, outerwear, loungewear, compression socks, footwear, and other lifestyle apparel. The company primarily designs all its products in-house, leveraging third-party suppliers and manufacturers to produce its product components and finished products. FIGS coordinates and supervises every step of its product development and production process to ensure its high-quality standards are met.

FIGS has a dynamic merchandising model that maintains lessened inventory risk driven by a relatively high volume of repeat purchases and a focus on its core scrubs offerings. The company uses its digital platform to celebrate Awesome Humans in aspirational, creative, and unexpected ways, leveraging social media platforms to listen, engage with, understand, and better serve its community at scale. FIGS's Ambassador Program consists of Awesome Humans from around the world who represent a diverse cross-section of the healthcare industry and help interact with the community and drive engagement.

FIGS has a growing base of approximately 2.3 million active customers as of December 31, 2022, who are passionate about and loyal to the brand. Giving back is ingrained in everything FIGS does, and the company has various philanthropic efforts, including Threads for Threads, which donates scrubs and other products to healthcare professionals in resource-poor countries. FIGS also gives in various ways, including through medical giving trips, tuition and student loan repayment grants, financial support to charitable organizations, and other partnerships and giving initiatives that support the healthcare community and the communities they serve every day. The company has also developed an advocacy program designed to address some of the biggest challenges facing healthcare professionals today.

The healthcare apparel market is a large, growing, and largely non-discretionary industry. According to the U.S. Census Bureau's 2019 American Community Survey, there are approximately 22 million healthcare professionals in the United States, and the employment of healthcare occupations in the United States is projected to grow 13% from 2021 to 2031, adding about 2 million new jobs, according to the Bureau of Labor Statistics. With an expanding aging population, proliferation of chronic illness, greater access to healthcare in the United States, and an increasing focus on health and wellness, the demand for healthcare professionals continues to grow.


   Company Address: 2834 Colorado Avenue Santa Monica 90404 CA
   Company Phone Number: 300-8330   Stock Exchange / Ticker: NYSE FIGS


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
SGC   -2.33%    
W   -4.1%    
• View Complete Report
   



Business Update

FIGS Expands East Augmenting Healthcare Apparel Shopping with Philadephia Community Hub

Published Wed, Sep 18 2024 2:47 PM UTC

In a dynamic move set to redefine retail experience, FIGS, Inc. (NYSE: FIGS), the leading healthcare apparel brand, is broadening its horizons with the grand opening of its second Community Hub in Philadelphia. Situated on Walnut Street in the trendy Rittenhouse neighborhood, this new hub is poised to elevate the shopping experience for healthcare professionals, bringing the...

Figs Inc

Figs Inc Reports Revenue Surge Amidst Surprising EPS Drop: A Tale of Growth and Challenges

Figs Inc, a global leading healthcare apparel brand, recently reported its financial results for the April to June 30, 2024 time-frame. Despite a revenue increase of 3.789% to $143.26 million compared to the previous year, the company witnessed a decline in earnings per share (EPS) of -50% to $0.01 per share. In the same period last year, the EPS was $0.02 per share.
When compared to its competitors in the Apparel, Footwear & Accessories industry, Figs Inc experienced significant revenue growth. In the second quarter of 2024, while most companies in the industry saw a revenue rise of only 0.55% compared to the previous year, Figs Inc reported a much higher growth rate.

Business Update

''Beyond Gold: FIGS to Outfit Unsung Heroes of Team USA at the 2024 Olympic and Paralympic Games'

Published Mon, May 20 2024 2:47 PM UTC

Santa Monica, Calif. - FIGS (NYSE:FIGS), the innovative and highly-regarded medical apparel brand, revealed its latest achievement today: a multi-year agreement with The U.S. Olympic & Paralympic Committee (USOPC) and The LA28 Olympic and Paralympic Games. This partnership, which will commence at the 2024 Olympic and Paralympic Games in Paris, aims to honor the Awesome Human...

Figs Inc

Figs Inc Maintains Stability Despite Declining Revenue in Q1 2024

Figs Inc, the globally recognized healthcare apparel brand, has recently released its first-quarter financial results for 2024. Despite a modest reduction in revenue, the company has announced unaffected earnings per share (EPS) at $0.01. This stable EPS figure is particularly noteworthy considering the significant drop in the previous reporting season, where EPS fell from $0.06 per share.
Although revenue sunk by -0.911% to $119.14 million year-on-year, it is worth comparing it to the preceding quarter's decline of -18.008% from $145.30 million. The ability to limit the revenue reduction demonstrates Figs Inc's resilience in the face of challenges.

Figs Inc

Figs Inc. Delivers Strong Profitability Growth Despite Slow Revenue Increase

Figs Inc, a direct-to-consumer apparel and lifestyle brand catering to the healthcare community, recently revealed its financial results for the fourth quarter and full year of 2023. The company reported impressive profitability growth despite slow revenue growth in the most recent fiscal period. Income per share increased significantly by 181.61% to $0.06 per share, while revenue saw a modest 0.28% increase to $145.30 million compared to the same reporting season a year before.
In comparison to the preceding reporting season, EPS soared by 88.89% from $0.03 per share, and revenue advanced by 2.766% from $141.39 million. Earnings for the financial period ending December 31, 2023, increased by a substantial 194.9% to $10.000 million from the previous year's earnings of $3.391 million.







Figs Inc's Segments
Scrubwear    83.71 % of total Revenue
Non-Scrubwear    16.42 % of total Revenue
United States    84.58 % of total Revenue
Rest of the world    15.55 % of total Revenue

  Figs Inc Outlook

On April 26 2024 the Figs Inc provided following guidance

ancial results press release on its investor relations website.

Investors and s are invited to participate in the conference call by dialing (833) 968-2214 or (778) 560-2756 for international callers, using the conference ID 12345678. A live webcast of the call will also be available on the investor relations section of FIGS' website at investors.figs.com.

We are excited to share our first quarter 2024 financial results with the investment community and provide an update on our progress and outlook for the rest of the year, said FIGS CEO, Heather Hasson. We remain committed to our mission of revolutionizing the healthcare apparel industry and are proud of the continued growth and momentum of ou...





Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2025 CSIMarket, Inc. All rights reserved.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com