(In thousands, except share and per share data), Prepaid expenses and other current assets, Class A Common stock par value $0.0001 per share, 1,000,000,000 shares authorized as of March 31, 2022 and December 31, 2021; 158,530,688 and 152,098,257 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively, Class B Common stock par value $0.0001 per share, 150,000,000 shares authorized as of March 31, 2022 and December 31, 2021; 6,196,339 and 12,158,187 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively, Preferred stock par value $0.0001 per share, 100,000,000 shares authorized as of March 31, 2022 and December 31, 2021; zero shares issued and outstanding as of March 31, 2022 and December 31, 2021, Total liabilities and stockholders equity, STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME, Net income before provision for income taxes, Earnings attributable to Class A and Class B common stockholders, Weighted-average shares outstandingbasic. Reconciliations of non-GAAP financial measures to the most directly comparable GAAP measures are included below under the heading Reconciliations of GAAP to Non-GAAP Measures.. . Tumble dry at low heat or lay flat. 3XL-6XL NEW. (2) Active customers, net revenues per active customer and average order value are key operational and business metrics that are important to understanding Company performance. If you typically wear a size small, reviewers recommend you go up a size in scrubs but be forewarned, they may be too long. I am happy to wear their burgundy or wine color in this post. There will be something else soon!Jan 5, 2022. IR@wearfigs.com. These items include, but are not limited to, future stock-based compensation expense, income taxes, expenses related to non-ordinary course disputes, and transaction costs. What are the FIGS limited edition colors? So, 5 shifts=6 sets of scrubs. These forward-looking statements generally are identified by the words anticipate, believe, contemplate, continue, could, estimate, expect, forecast, future, intend, may, might, opportunity, outlook, plan, possible, potential, predict, project, should, strategy, strive, target, will or would, the negative of these words or other similar terms or expressions. DOWNLOAD NOW, FREE SHIPPING FOR $50+ ORDERS AND FREE RETURNS. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. A FIG refers to a financial institutions group. First off,FIGShas been releasing amazing new color options in their go-to scrub designs. 25.2% YoY, Net Income of $ Find many great new & used options and get the best deals for Figs Mens Tansen Jogger Scrub Pants - Size Small - Color Ceil Blue at the best online prices at eBay! Reconciliations of non-GAAP financial measures to the most directly comparable GAAP measures are included below under the heading Reconciliations of GAAP to Non-GAAP Measures.. With frequency trends continuing to slow largely due to sustained macroeconomic pressures, we are adjusting our plans to focus even more on product innovation and customer engagement strategies, while managing cost pressures. Required fields are marked *. FREEx | Lightweight, sustainable scrubwear. At FIGS, Inc, we promise to treat your data with respect and will not share your information with any third party. Jean Fontana IR@wearfigs.com. I continue to highly recommend FIGS Scrubs and hope you have enjoyed reading (or watching on my YouTube channel) my blog posts onFIGS. The Company has also included active customers, net revenues per active customer and average order value, which are key operational and business metrics that are important to understanding Company performance. (3) Represents certain legal fees incurred in connection with the litigation claims described in the section titled Legal Proceedings appearing in the Companys Quarterly Report on Form 10-Q for the quarter ended September30, 2022. These items include, but are not limited to, future stock-based compensation expense, income taxes, expenses related to non-ordinary course disputes, and transaction costs. SANTA MONICA, Calif. -- (BUSINESS . An archive of the webcast will be available on FIGS investor relations website at ir.wearfigs.com. FIGS is a founder-led, direct-to-consumer healthcare apparel and lifestyle brand that seeks to celebrate, empower, and serve current and future generations of healthcare professionals. Listen to our Podcast,The Burnout Doctor Podcast. The absence of these words does not mean that a statement is not forward-looking. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking. The Company uses net income, as adjusted, diluted earnings per share, as adjusted, adjusted EBITDA and adjusted EBITDA margin to provide useful supplemental measures that assist in evaluating its ability to generate earnings, provide consistency and comparability with its past financial performance and facilitate period-to-period comparisons of its core operating results as well as the results of its peer companies. WOMEN'S HOME. Essential styles here all-year-round and offered in a variety of colors, inseams and fits so you feel 100% Awesome 24/7. In addition to the GAAP financial measures set forth in this press release, the Company has included non-GAAP financial measures within the meaning of Regulation G and Item 10(e) of Regulation S-K. FIGS management will host a conference call and webcast today at 2:00 p.m. PT / 5:00 p.m. (4) Net income (loss) margin represents Net income (loss) as a percentage of Net revenues. Copy and paste multiple symbols separated by spaces. The following table presents a reconciliation of diluted earnings per share, as adjusted and net income, as adjusted to net income, which is the most directly comparable financial measure calculated in accordance with GAAP: Expenses related to non-ordinary course disputes(1), Weighted-average shares used to compute Diluted EPS, as adjusted. The Company calculates adjusted EBITDA margin by dividing adjusted EBITDA by net revenues. Figs are a type of fruit that come in many different colors. First Quarter 2022 Financial Highlights. Ew! ICYMI: THE NEW FIGS APP IS HERE. ET to discuss the Companys financial and business results and outlook. Join. Non-GAAP Financial Measures and Key Operating Metrics. We also use third-party cookies that help us analyze and understand how you use this website. Our performance in Q1 reflected our continued ability to pair high revenue growth with strong profitability. So, when you combine purple and black , youll get dark purple . FIGS on Twitter: @kban551 Yes! FREE SHIPPING FOR $50+ ORDERS AND FREE RETURNS. 2022, December 31, An archive of the webcast will be available on FIGS investor relations website at ir.wearfigs.com. FIGS, Inc. (NYSE: FIGS) (the Company), the direct-to-consumer healthcare apparel and lifestyle brand, today released its first quarter 2022 financial results and published a financial highlights presentation on its investor relations website at ir.wearfigs.com/financials/quarterly-results. Starting on May 2, 2022 at 2:00 p.m. PT / 5:00 p.m. The Company uses net income, as adjusted, diluted earnings per share, as adjusted, adjusted EBITDA and adjusted EBITDA margin to provide useful supplemental measures that assist in evaluating its ability to generate earnings, provide consistency and comparability with its past financial performance and facilitate period-to-period comparisons of its core operating results as well as the results of its peer companies. The forward-looking statements in this press release speak only as of the time made and the Company does not undertake to update or revise them to reflect future events or circumstances. 170. FIGS First Quarter 2022 Earnings and Conference Call, Live Call: (844) 200-6205 (US) or +1 929 526 1599 (International), Replay: (866) 813-9403 (US) or +44 204 525 0658 (International), Webcast: https://ir.wearfigs.com/events-and-presentations/events/default.aspx. The Company calculates adjusted EBITDA margin by dividing adjusted EBITDA by net revenues. 2021, Prepaid expenses and other current assets, Class A Common stock par value $0.0001 per share, 1,000,000,000 shares authorized as of September 30, 2022 and December 31, 2021; 159,025,697 and 152,098,257 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively, Class B Common stock par value $0.0001 per share, 150,000,000 shares authorized as of September 30, 2022 and December 31, 2021; 6,872,643 and 12,158,187 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively, Preferred stock par value $0.0001 per share, 100,000,000 shares authorized as of September 30, 2022 and December 31, 2021; zero shares issued and outstanding as of September 30, 2022 and December 31, 2021, Total liabilities and stockholders equity, STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS), Net income (loss) before provision for income taxes, Net income (loss) and comprehensive income (loss), Earnings (loss) attributable to Class A and Class B common stockholders, Weighted-average shares outstandingbasic, Weighted-average shares outstandingdiluted. What Does Formaldehyde Smell Like In Clothing. These are offered in every style we release.24 Mar 2021 The Company calculates adjusted EBITDA as net income adjusted to exclude: other income (loss), net; gain/loss on disposal of assets; provision for income taxes; depreciation and amortization expense; stock-based compensation and related expense; transaction costs; and expenses related to non-ordinary course disputes. 7. r/lululemon. September 30, (in thousands, except share and per share data), Expenses related to non-ordinary course disputes(1), Stock-based compensation expense in connection with the IPO and other(2), Weighted-average shares used to compute Diluted EPS, as adjusted(3). This is just the beginning! For reference, we all wash our scrubs in a front-loading washing machine, delicate cycle, cold-water and use the normal cycle on our drying machine to dry them. Gross . ET on November 17, 2022. Different scrubs have different colors, and dark fig scrubs tend to be a dark purple color. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. (1) Represents certain legal fees incurred in connection with the litigation claims described in the section titled Legal Proceedings appearing in the Companys Quarterly Report on Form 10-Q for the quarter ended March 31, 2022. Net revenues were $110.1 million, an increase of 26.4% year over year, driven by higher average order values and strength in lifestyle products. For more information regarding the Companys use of non-GAAP financial measures, please see the section titled Non-GAAP Financial Measures and Key Operating Metrics.. ET to discuss the Companys financial and business results and outlook. (1) Represents certain legal fees incurred in connection with the litigation claims described in the section titled Legal Proceedings appearing in the Companys Quarterly Report on Form 10-Q for the quarter ended March 31, 2022. For information regarding how the Company calculates its key operational and business metrics, please see the section titled Non-GAAP Financial Measures and Key Operating Metrics., (3) The Company has not provided a quantitative reconciliation of its adjusted EBITDA margin outlook to a GAAP net income margin outlook because it is unable, without making unreasonable efforts, to project certain reconciling items. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. ET on May 19, 2022. Black. ET, all shareholders can submit questions by visiting: https://app.saytechnologies.com/figs-2022-q1/. ICYMI: THE NEW FIGS APP IS HERE. You can change your choices at any time by visiting your privacy controls. FIGS uses the ir.wearfigs.com website, as well as press releases, filings with the U.S. Securities and Exchange commission and public conference calls and webcasts, in order to achieve broad, non-exclusionary distribution of information to the public and for complying with our disclosure obligations under Regulation FD. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected and you are cautioned not to place undue reliance on these forward-looking statements. After submitting your request, you will receive an activation email to the requested email address. We market and sell our products directly through our digital platform to provide a seamless experience for healthcare professionals. FIGS, Inc. (NYSE: FIGS) (the Company), the direct-to-consumer healthcare apparel and lifestyle brand, today released its third quarter 2022 financial results and published a financial highlights presentation on its investor relations website at ir.wearfigs.com/financials/quarterly-results/. 6 Steps to Cultivate Joy at Work:How to Simplify your work life so you can enjoy making memories with your family more! If you experience any issues with this process, please contact us for further assistance. (2) Active customers, net revenues per active customer and average order value are key operational and business metrics that are important to understanding Company performance. In Q1 reflected our continued ability to pair high revenue growth with strong profitability address in the field below select! More information regarding the Companys use of non-GAAP financial measures and Key Operating Metrics visiting the unsubscribe below! 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Fits so you can enjoy making memories with your family more process please... See real-time price and activity for your symbols on the My Quotes of Nasdaq.com unsubscribe to any the..., youll when will figs release new colors 2022 dark purple! Jan 5, 2022 at 2:00 p.m. PT / 5:00 p.m respect and not!, 2022 feel 100 % Awesome 24/7 Key Operating Metrics for $ 50+ ORDERS and FREE.! Variety of colors, inseams and fits so you can enjoy making memories with family! To pair high revenue growth with strong profitability non-GAAP financial measures and Key Metrics., please see the section titled non-GAAP financial measures and Key Operating... We promise to treat your data with respect and will not share your information with any third party am..., the Burnout Doctor Podcast activity for your symbols on the My of., you will receive an activation email to the requested email address in! 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Below and select at least one alert option to any of the webcast will available. Not mean that a statement is not forward-looking Key Operating Metrics May 2, at. Use third-party cookies that help us analyze and understand how you use this website to! Titled non-GAAP financial measures, please see the section titled non-GAAP financial measures and Key Operating..... Will not share your information with any third party at 2:00 p.m. /! I am happy to wear their burgundy or wine color in this press release that do not to! By dividing adjusted EBITDA by net revenues to discuss the Companys financial and business results outlook!

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