Welcome to our dedicated page for FIGS news (Ticker: $FIGS), a resource for investors and traders seeking the latest updates and insights on FIGS stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect FIGS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of FIGS's position in the market.
Rhea-AI Summary
FIGS, Inc. (NYSE: FIGS) has announced the date for its first quarter 2024 earnings release, conference call, and webcast. The financial results will be released on May 9, 2024, after the U.S. markets close, with a conference call scheduled at 2:00 p.m. PT / 5:00 p.m. ET to discuss the results and outlook. A financial highlights presentation will be available on the investor relations website. Investors can access the live call and webcast for more details.
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End-of-Day
2.29%
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Loop partners with FIGS for 'Scrubs That Don't Suck' recycling campaign, leveraging Loop's returns solution to enhance sustainability and customer experience. The program sees rapid success with thousands of customer submissions in the first week, showcasing FIGS' commitment to environmental efforts.
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-1.48%
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FIGS, Inc. (NYSE: FIGS) releases its 2023 Impact Report showcasing efforts to positively impact healthcare professionals, including donations totaling nearly $600,000 to various organizations and initiatives worldwide.
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-2.61%
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FIGS, Inc. CFO to participate in a fireside chat at the 36th Annual Roth Conference. The chat will be webcast live and available for 90 days on the company's website.
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-4.17%
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FIGS, Inc. reports a 7.9% YoY growth in net revenues for 2023, with a net income of $22.6 million and an adjusted EBITDA margin of 15.8%. The CFO resigns, and an interim CFO is appointed. The company expects a mid-single-digit to flat growth in net revenues for 2024.
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-13.27%
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News
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FIGS, Inc. announced that its CEO and CFO will participate in a fireside chat at the Raymond James 45th Annual Institutional Investors Conference. The chat will be webcast live and available for 90 days.
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6.05%
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FIGS, Inc. (NYSE: FIGS) will release its Q4 and full year 2023 financial results on February 28, 2024. The company will host a conference call to discuss its financial and business results. Investors can access the financial highlights presentation on FIGS' investor relations website. Key details include the call time, dial-in numbers, and webcast link.
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0.78%
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FIGS, Inc. announced the opening of its first permanent physical retail space, the Community Hub, on November 3, 2023. The Community Hub aims to create deeper connections among the FIGS community and provide a premium store experience for healthcare professionals. FIGS generated over $500 million in net revenues in 2022 and is expanding into physical retail to meet the demand of its community. The first Community Hub is located in the Century City Mall in Los Angeles, a major market for FIGS with high foot traffic and proximity to healthcare institutions.
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Rhea-AI Sentiment
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21.17%
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FIGS, Inc. reports a 10.7% YoY growth in net revenues, reaching $142.4 million in the third quarter of 2023. The company's net income is $6.1 million, with a net income margin of 4.2% and an adjusted EBITDA margin of 17.2%. Active customers increase by 19.6% to 2.6 million. The company also announces the appointment of Mario Marte, former CFO of Chewy, Inc., to its Board of Directors.
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Rhea-AI Sentiment
End-of-Day
21.17%
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FIGS, Inc. to release third quarter 2023 financial results and host conference call
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End-of-Day
-2.96%
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FIGS, Inc.
NYSE:FIGS
FIGS Rankings
FIGS Stock Data
850.74M
128.28M
20.76%
83.02%
12.52%
Surgical and Medical Instrument Manufacturing
Manufacturing
United States of America
SANTA MONICA
About FIGS
figs is revolutionizing the antiquated $10 billion medical apparel industry through its use of ridiculously soft and technical fabrics that are tailored to perfection. figs medical apparel is anti-microbial, wrinkle resistant, stain repellent, lint free and utilizes four way stretch. through its customer-centric, vertically integrated e-commerce platform, figs has transformed the way medical professionals shop. through its threads for threads initiative, for every set of scrubs sold, figs gives a set to a healthcare provider in need. the company has raised over $10 million in capital from a great group of tech investors including campfire capital, jh partners, mohr davidow ventures, irving place capital, raptor ventures, karlin ventures, riverwood capital, 500 startups, suffolk equity partners, the milken family, will smith, peter morton, steve tisch, and john fisher.