Latest news with #FIGS
Business Wire
17-07-2025
- Business
- Business Wire
FIGS Announces Date of Second Quarter 2025 Earnings Release, Conference Call and Webcast
SANTA MONICA, Calif.--(BUSINESS WIRE)--FIGS, Inc. (NYSE: FIGS), the global leading healthcare apparel brand dedicated to improving the lives of healthcare professionals, today announced it will release its second quarter 2025 financial results on Thursday, August 7, 2025, after U.S. markets close. FIGS management will host a conference call that day at 2:00 p.m. PT / 5:00 p.m. ET to discuss its financial and business results and outlook. Prior to the call, FIGS will publish a second quarter 2025 financial highlights presentation on its investor relations website at FIGS Second Quarter 2025 Earnings and Conference Call Time: 2:00 p.m. PT / 5:00 p.m. ET Live Call: (833) 470-1428 (US) or +1 404 975 4839 (International) Conference ID: 420966 Replay: (866) 813-9403 (US) or +1 929 458 6194 (International) Conference ID: 818213 The replay will be available approximately two hours after the completion of the live call through August 14, 2025 Webcast: Disclosure Information FIGS uses the website, as well as press releases, filings with the U.S. Securities and Exchange commission and public conference calls and webcasts, in order to achieve broad, non-exclusionary distribution of information to the public and for complying with our disclosure obligations under Regulation FD. About FIGS FIGS is a founder-led, direct-to-consumer healthcare apparel and lifestyle brand that seeks to celebrate, empower and serve current and future generations of healthcare professionals. We create technically advanced apparel and products that feature an unmatched combination of comfort, durability, function and style. We share stories about healthcare professionals' experiences in ways that inspire them. We build meaningful connections within the healthcare community that we created. Above all, we seek to make an impact for our community, including by advocating for them and always having their backs. We serve healthcare professionals in numerous countries in North America, Europe, the Asia Pacific region and the Middle East. We also serve healthcare institutions through our TEAMS platform.
Yahoo
30-06-2025
- Business
- Yahoo
5 Insightful Analyst Questions From Figs's Q1 Earnings Call
Figs' first quarter results were met with a negative market reaction, despite revenues coming in ahead of Wall Street expectations. Management cited a return to growth in the U.S. market, improved average order value, and successful reactivation of lapsed customers as key factors underlying the period's performance. CEO Trina Spear highlighted, 'The start of the year, Q2, repeat frequency is up. U.S. business is up. Scrubwear is up, non-scrubwear is up. We had a record quarter of AOV at $119.' However, executives acknowledged ongoing cost pressures—particularly higher fulfillment and shipping expenses—and a dynamic macro environment as persistent headwinds. Is now the time to buy FIGS? Find out in our full research report (it's free). Revenue: $124.9 million vs analyst estimates of $119.2 million (4.7% year-on-year growth, 4.8% beat) Adjusted EBITDA: $9 million vs analyst estimates of $8 million (7.2% margin, 12.5% beat) Operating Margin: -0.2%, in line with the same quarter last year Active Customers: 2.7 million, up 99,000 year on year Market Capitalization: $957.4 million While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Matt Koranda (ROTH Capital): Asked about why price increases were not included in the outlook despite tariff headwinds. CFO Sarah Oughtred explained the company is focused on internal cost mitigation and sees price hikes as a last resort due to customer sensitivity. Brooke Roach (Goldman Sachs): Inquired whether tariffs and supply chain volatility would impact Figs' Fit Initiative. CEO Trina Spear confirmed the project remains on track, with no anticipated delays related to trade disruptions. Rick Patel (Raymond James): Sought clarity on international growth trends and the impact of fewer promotions on guidance. Oughtred noted healthy demand outside the U.S., with the back half slowdown tied to reduced promotional cadence. Dana Telsey (Telsey Group): Asked about inventory planning and the growth trajectory for the B2B TEAMS segment. Oughtred described strategic inventory positioning, while Spear outlined an expanding pipeline and simplified ordering technology for TEAMS. Lorraine Hutchinson (Bank of America): Questioned whether competitors are adjusting prices in response to tariffs and if Figs can take share. Spear indicated only small players have raised prices and believes Figs' scale and supply chain flexibility provide a competitive advantage. In the quarters ahead, the StockStory team will be watching (1) how effectively Figs mitigates tariff-related cost increases through supply chain and operational adjustments, (2) the pace and profitability of international and TEAMS business expansion, and (3) traction from new Community Hub retail locations. Execution in these areas will determine whether Figs can sustain growth and defend margins amid ongoing macro uncertainty. Figs currently trades at $5.91, up from $5.03 just before the earnings. Is there an opportunity in the stock?See for yourself in our full research report (it's free). Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today. Sign in to access your portfolio
Business Insider
15-06-2025
- Business
- Business Insider
FIGS (FIGS) Gets a Hold from TD Cowen
TD Cowen analyst John Kernan maintained a Hold rating on FIGS (FIGS – Research Report) on June 12 and set a price target of $4.00. The company's shares closed last Friday at $5.03. Confident Investing Starts Here: Kernan covers the Consumer Cyclical sector, focusing on stocks such as Ralph Lauren, Deckers Outdoor, and Dick's Sporting Goods. According to TipRanks, Kernan has an average return of 8.9% and a 51.62% success rate on recommended stocks. FIGS has an analyst consensus of Hold, with a price target consensus of $4.69. Based on FIGS' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $124.9 million and a GAAP net loss of $102 thousand. In comparison, last year the company earned a revenue of $119.29 million and had a net profit of $1.44 million
The Hill
12-06-2025
- Health
- The Hill
‘The Pitt's' Noah Wyle tells Congress: Health care workers are facing a ‘crisis'
He plays a doctor on TV, but Noah Wyle is making a pitch for real-life health care workers at the Capitol, meeting with lawmakers about legislation addressing burnout, mental health and more. 'I've spent the bulk of my adult life playing an emergency room physician, but I am here today with the people who really do the work for a living, and to share some of the pressures and struggles that they're facing,' Wyle, who stars as Dr. Michael 'Robby' Robinavitch on Max's 'The Pitt,' said as he led a panel discussion on Thursday at the Cannon House Office Building. 'Health care professionals today are navigating chronic understaffing. They are losing hours to red tape and administrative tasks. Many are facing mental health struggles with limited institutional support and financial pressure that makes it feel impossible to stay. It's not sustainable,' Wyle, 54, said. He said that growing up with a mom who worked as a registered nurse gave him an 'up close and personal look at how demanding this job can be. And I've learned in recent years how much harder this job has become.' The 'ER' alum's mom, Marjorie Speer, joined her son along with more than a dozen health care workers at the event. Wyle, who came to Washington with the health care apparel company, FIGS, was poised to meet with lawmakers to urge them to reauthorize the Dr. Lorna Breen Health Care Provider Protection Act. The bill's proponents say it would help support the mental health of frontline health care providers through federal programs and training and would reduce the risk of suicide and burnout. 'This is not a workforce issue. This is a patient health care issue. This is a national health care crisis, and that is why we are here: To listen, and to learn and to talk about what can change when we take these stories seriously and work together constructively on them in a bipartisan way,' the actor said. 'Because if we don't have a healthy and functioning health care workforce, we don't have health care at all,' Wyle said. Rep. Buddy Carter (R-Ga.), who noted that he was one of two pharmacists in Congress, told the group, 'I've seen health care. I've seen it firsthand, and I've seen the stress. I've seen the work that goes into health care, and the work and the stress that health care workers have, and it's something that needs to be addressed.' 'When it comes down to it, whether you're Republican, or Democrat or independent, we all want the same thing when it comes to health care: We want accessible, affordable, quality health care,' Carter said. 'We've got to be there, and we've got to make sure that we take the stigma out of this situation and that we enable people to seek help that they need,' Sen. Tim Kaine (D-Va.) said, mentioning he's faced his 'own little journey in this [health care] space' for the last five years after being diagnosed with long COVID-19. Asked if it was harder to play a doctor on the small screen or to press lawmakers in a divided Congress to pass legislation, Wyle told ITK with a grin, 'This is definitely more fun.' 'This is an incredible opportunity to come to Washington to be an advocate and sit on this panel with these people — it's an incredible honor for me,' he said, adding he was especially grateful to share the experience with his mom. 'I think my day job is harder and this is more rewarding,' he said. During a more lighthearted moment, Wyle also divulged which lawmaker he'd want to play. 'I don't want to pick favorites here,' the Emmy-nominated performer told ITK, before saying matter-of-factly, 'Abraham Lincoln.' Someone in the crowd exclaimed in response: 'You've got the beard for it!'
CBS News
12-06-2025
- Entertainment
- CBS News
Actor Noah Wyle plays a doctor on TV. He's also advocating for health care workers like his mom
Noah Wyle, who stars in medical drama, wants more support for health care workers like his mom Actor Noah Wyle, known for playing medical professionals in TV shows from "ER" to "The Pitt," is using his career experiences and personal connection to the health care industry to help advocate change for frontline workers. Alongside his mom — who had been a nurse for more than four decades — he says he's lobbying for legislation to improve their lives when it comes to staffing shortages and burnout. "A lot of these people have been in these tours of duty nonstop for five years without a break," said Wyle, who stars as Dr. Michael "Robby" Robinavitch on "The Pitt." Wyle and his mom, Marjorie Wyle-Katz, are on Capitol Hill in Washington, D.C., this week with a group organized by FIGS, a health care apparel company, advocating for three bills. "One is to pass and fund the Lorna Breen Act … it is geared towards making evidence-based mental health resources available to frontline workers," Wyle explained. A second bill would offer a tax credit to frontline workers, he said, "where there hasn't been one before to offset some of the pay disparity." The third piece of legislation would relieve the administrative burden put on health care workers. "This is not just a workforce problem, this is a patient care problem. The trickle down of these things not being enacted will affect all of us eventually," Wyle said. Wyle-Katz told "CBS Mornings" that nurses are advocates for their patients, and that she believes they are not adequately compensated. "Nurses can't bill for their time and their skills. Whenever there's a budget cut, the nurses are the first to go." Beyond finances, Wyle-Katz expressed concerns about safety in the workplace for nurses and health care workers. "When patients come to the hospital, they're either injured or sick, and they're very afraid. They're not seen often in a timely manner, which leads to frustration, which escalates to anger," she said. Wyle's career on health care TV shows Wyle, who starred in "ER" for more than a decade, said he wanted to create "The Pitt" to show what it's like to work as a frontline health care worker and the toll it's taken on medical professionals, both mentally and physically, following the COVID-19 pandemic. "This was intended to be a love letter to frontline workers, health care workers, to let them feel very seen and heard right now," Wyle said. "'ER' was a wonderful depiction of health care in America pre-COVID, but there hadn't really been a show that was addressing what was happening post-COVID yet." Wyle said he is thankful for his mom, who he jokingly said has always been there to ensure accuracy. "She's got a whole army out there working on her behalf to point out my discrepancies," he said. "He always says that I called him at 11:01 p.m. and told him what he did wrong. Now since, through the internet, now he has about 16 million moms who can tell him," Wyle-Katz added. "I want to tell you how much I admire Noah, and all the people on "The Pitt," for bringing health care to the forefront and all the crises happening now in our health care system and for making their show a platform for change," she said.
