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FIGS Beats Earnings as Demand Outstrips Supply, CEO Trina Spear Says
FIGS reported third-quarter top- and bottom-line results above expectations, with revenue of $190.7 million versus an estimate of $182.8 million. The company logged a fourth consecutive quarter of at least 25% revenue growth; non-scrubwear revenue rose 35%, and international revenue also increased. CEO and co-founder Trina Spear said health care professionals are expanding their FIGS purchases beyond scrubs to items such as underscrubs, compression socks and outerwear, for work and off-duty wea…
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