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/Mis Actual Consensu

s s

Estimate

Q2 Beat $152.60 $144.30

Revenue mln mln (9

Analysts

)

Q2 Net $7.10

Income mln

Q2 Beat $19.70 $12.70

Adjusted mln mln (8

EBITDA Analysts

)

Q2 12.9%

Adjusted

EBITDA

Margin

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 ( FIGS ) 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:

(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.)