FIGS, Inc. (NYSE:FIGS ) Q2 2025 Earnings Conference Call August 7, 2025 5:00 PM ET Company Participants Catherine Eva Spear - Co-Founder, CEO & Director Sarah Oughtred - Chief Financial Officer Thomas D. Shaw - Senior Vice President of Investor Relations Conference Call Participants Angus Kelleher-Ferguson - Barclays Bank PLC, Research Division Brian William Nagel - Oppenheimer & Co. Inc., Research Division Brooke Siler Roach - Goldman Sachs Group, Inc., Research Division Dana Lauren Telsey - Telsey Advisory Group LLC John David Kernan - TD Cowen, Research Division Matthew Butler Koranda - ROTH Capital Partners, LLC, Research Division Nathaniel Jay Feather - Morgan Stanley, Research Division Rakesh Babarbhai Patel - Raymond James & Associates, Inc., Research Division Operator Good afternoon.
While the top- and bottom-line numbers for Figs (FIGS) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Figs (FIGS) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.01 per share a year ago.
From a technical perspective, FIGS, Inc. (FIGS) is looking like an interesting pick, as it just reached a key level of support. FIGS's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.
Figs (FIGS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
FIGS showed modest U.S. growth in 1Q25, but inconsistent quarterly trends make it too early to call a sustained recovery. International sales remain a growth driver, but expansion is decelerating and comps will get tougher as the business scales. Management's strategy to absorb tariffs via cost efficiencies is sound, but margin pressure persists and guidance was lowered.
FIGS, Inc. (NYSE:FIGS ) Q1 2025 Earnings Conference Call May 8, 2025 5:00 PM ET Company Participants Tom Shaw - Senior Vice President, Investor Relations Trina Spear - Co-Founder and Chief Executive Officer Sarah Oughtred - Chief Financial Officer Conference Call Participants Matt Koranda - ROTH Capital Brooke Roach - Goldman Sachs Rick Patel - Raymond James Brian Nagel - Oppenheimer Dana Telsey - Telsey Group Nathan Feather - Morgan Stanley Lorraine Hutchinson - Bank of America Operator Good afternoon. Thank you for attending today's FIGS First Quarter Fiscal 2025 Earnings Conference Call.
Although the revenue and EPS for Figs (FIGS) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Figs (FIGS) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.01. This compares to earnings of $0.01 per share a year ago.
Figs, Inc. is undervalued, as strong private equity interest and a robust balance sheet indicate potential for significant returns. Favorable growth trends in healthcare employment and broader market appeal support optimistic revenue projections for Figs, Inc. Derived equity value suggests a 25% upside from the current share price, highlighting market undervaluation post-IPO.
FIGS, Inc.'s earnings show mixed results, with strong international growth but declining U.S. sales and weak FY25 guidance, raising concerns about profitability and customer acquisition. Despite strong product innovation, FIGS struggles with high marketing costs, poor customer acquisition, and stagnating U.S. sales, making its high valuation unjustifiable. International expansion is promising but comes with lower margins; new management might improve execution, but significant challenges remain.
Although the revenue and EPS for Figs (FIGS) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.