Overview
FIGS Q2 2025 rev rises 5.8% yr/yr, beating analyst expectations
Adjusted EBITDA for Q2 beats estimates, reaching $19.7 mln
Outlook
FIGS expects full-year 2025 net revenue growth in low-single-digits
Company projects 2025 adjusted EBITDA margin of 8.5% to 9.0%
Result Drivers
INCREASED ORDERS - Growth in net revenues driven by increased orders from new and existing customers and higher average order value
SCRUBWEAR SALES - Scrubwear net revenues rose 7.7% year over year, contributing significantly to overall revenue growth
INTERNATIONAL GROWTH - International net revenues increased by 19.8%, bolstering the company's global sales performance
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$152.60 mln
$144.30 mln (9 Analysts)
Q2 Net Income
$7.10 mln
Q2 Adjusted EBITDA
Beat
$19.70 mln
$12.70 mln (8 Analysts)
Q2 Adjusted EBITDA Margin
12.9%
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 7 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the apparel & accessories peer group is "buy."
Wall Street's median 12-month price target for Figs Inc is $5.00, about 28% below its August 6 closing price of $6.40
The stock recently traded at 113 times the next 12-month earnings vs. a P/E of 59 three months ago
Press Release: ID:nBw6hNxDja
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)