FIGS Stock Recent News

While the top- and bottom-line numbers for Figs (FIGS) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Investors interested in Retail - Apparel and Shoes stocks are likely familiar with Gap (GPS) and Figs (FIGS). But which of these two stocks presents investors with the better value opportunity right now?

FIGS, Inc. (NYSE:FIGS ) Q2 2023 Earnings Conference Call August 3, 2023 5:00 PM ET Company Participants Jean Fontana - Head-Investor Relations Trina Spear - Co-Founder and Chief Executive Officer Daniella Turenshine - Chief Financial Officer Conference Call Participants Ed Yruma - Piper Sandler Dana Telsey - Telsey Group Brian Nagel - Oppenheimer Brooke Roach - Goldman Sachs John Kernan - TD Cowen Rick Patel Patel - Raymond James Alice Xiao - Bank of America Matt Koranda - ROTH/MKM Adrienne Yih - Barclays Bob Drbul - FIGS Operator Good afternoon ladies and gentlemen. Thank you for joining the FIGS' Second Quarter Fiscal 2023 Earnings Conference Call.

Trina Spear, Figs co-founder and CEO, joins 'The Exchange' to discuss Q2 results, continued gains in growth and profitability, and opening an in-person store in collaboration with its direct-to-consumer platform.

Although the revenue and EPS for Figs (FIGS) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Investors looking for stocks in the Retail - Apparel and Shoes sector might want to consider either Ermenegildo Zegna N.V. (ZGN) or Figs (FIGS).

Amid today's hostile macroclimate, the CFO role has taken on increased importance. Daniella Turenshine, chief financial officer at direct-to-consumer (DTC) healthcare apparel and lifestyle brand FIGS, knows this all too well.

Investors interested in Retail - Apparel and Shoes stocks are likely familiar with MINISO Group Holding Limited Unsponsored ADR (MNSO) and Figs (FIGS). But which of these two stocks offers value investors a better bang for their buck right now?

FIGS raises FY23 guidance with improved revenue growth and margins, but faces potential challenges in Q3 due to product launch and advertising delays. Inventory issues are starting to ease, but margin recovery timeline pushed to FY24. Demand remains steady and efforts to expand customer base and penetrate new markets are successful, but macroeconomic uncertainties warrant caution.

Healthcare workers need scrubs that work as hard as they do and keep them looking professional, competent and confident. That's the whitespace FIGS is capitalizing on.