Overview

• FIGS Q3 2025 revenue grows 8.2% yr/yr, beating analyst expectations

• Adjusted EBITDA for Q3 beats estimates, reflecting operational improvements

• Company increases full-year 2025 outlook

Outlook

• FIGS raises full-year 2025 net revenue growth outlook to approximately 7.0%

• Company expects full-year 2025 adjusted EBITDA margin above original forecast

Result Drivers

• REVENUE GROWTH - Driven by increased orders from new and existing customers and higher average order value

• GROSS MARGIN IMPROVEMENT - Attributed to lower promotional sales, improved return rates, and reduced freight expenses

• OPERATING EXPENSES REDUCTION - Decreased due to lower fulfillment expenses and reduced stock-based compensation

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "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 $7.00, about 8.3% below its November 5 closing price of $7.58

• The stock recently traded at 94 times the next 12-month earnings vs. a P/E of 104 three months ago

Press Release: ID:nBw7rPnyYa

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(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.)