You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. 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. An archive of the webcast will be available on FIGS investor relations website at ir.wearfigs.com. The following important factors and uncertainties, among others, could cause actual results to differ materially from those described in these forward-looking statements: the impact of COVID-19 on the Companys operations; the Companys ability to maintain its recent rapid growth; the Companys ability to maintain profitability; the Companys ability to maintain the value and reputation of its brand; the Companys ability to attract new customers, retain existing customers, and to maintain or increase sales to those customers; the success of the Companys marketing efforts; the Companys ability to maintain a strong community of engaged customers and Ambassadors; negative publicity related to the Companys marketing efforts or use of social media; the Companys ability to successfully develop and introduce new, innovative, and updated products; the competitiveness of the market for healthcare apparel; the Companys ability to attract and retain highly skilled personnel and senior management; risks associated with expansion into, and conducting business in, international markets; changes in, or disruptions to, the Companys shipping arrangements; the Companys ability to accurately forecast customer demand, manage its inventory, and plan for future expenses; the Companys reliance on a limited number of third-party suppliers; the fluctuating costs of raw materials; the Companys failure to protect its intellectual property rights; the fact that the operations of many of the Companys suppliers and vendors are subject to additional risks that are beyond its control; and other risks, uncertainties, and factors discussed in the Risk Factors section of the Companys Quarterly Report on Form 10-Q for the quarter ended March 31, 2022 to be filed with the Securities and Exchange Commission (SEC), the Companys Annual Report on Form 10-K for the year ended December 31, 2021 filed with the SEC on March 10, 2022, and the Companys other periodic filings with the SEC. An archive of the webcast will be available on FIGS investor relations website at ir.wearfigs.com. 9.6K views, 5 likes, 0 loves, 1 comments, 1 shares, Facebook Watch Videos from FIGS: Introducing our NEW color, Hydrogreen! How Often Does Figs Release New Colors? CORE COLLECTION. The call is also accessible via webcast at ir.wearfigs.com. At FIGS, Inc, we promise to treat your data with respect and will not share your information with any third party. The fabric seems to have completely changed, as has the fit of the scrubs. Said another nurse: I own a few sets of Figs cargo pants and Casma tops. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. The absence of these words does not mean that a statement is not forward-looking. SANTA MONICA, Calif.--(BUSINESS WIRE)-- What Does Scale Look Like On A Fiddle Leaf Fig? FIGS scrubs fit great in all the right places! Tumble dry at low heat or lay flat. 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. Necessary cookies are absolutely essential for the website to function properly. Our results, while below our expectations, are a testament to the powerful combination of our unique business model and the largely non-discretionary and replenishment nature of our workwear products, said Co-CEO and Co-Founder, Trina Spear. SANTA MONICA, Calif.--(BUSINESS WIRE)-- Surprising, right? 4.0 million, Net Income Margin of 3.1% and Adjusted EBITDA Margin of Total orders are the summation of all completed individual purchase transactions in a given period. (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. Get the new and improved FIGS app to shop all the scrubs, unlock exclusive features and shop app-only releases. Men. Products mentioned Catarina top- https://www.wearfigs.com/pages/shop-products/womens-catarina-scrub-top?color=RedRafaela top- https://www.wearfigs.com/pages/shop-products/womens-rafaela-scrub-top?color=RedZamora jogger pant-https://www.wearfigs.com/pages/shop-products/womens-zamora-scrub-pants?color=RedYola pant- https://www.wearfigs.com/pages/shop-products/womens-yola-scrub-pants?color=RedLETS BE FRIENDS IG- https://www.instagram.com/ashley__kei/Facebook- https://m.facebook.com/ashley.hamm.1422MY AMAZON FAVORITES https://www.amazon.com/shop/ashleykeiBUSINESS INQUIRIES Ashleykei@yahoo.com*not sponsored, amazon link is an affiliate link You must click the activation link in order to complete your subscription. (3) Active customers, net revenues per active customer and average order value are key operational and business metrics that are important to understanding the Company's performance. Adjusted EBITDA margin is calculated by dividing adjusted EBITDA by net revenues. 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. Unfortunately, I wasnt able to pick up those colors fast enough and am waiting for my size to come back in stock! 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. I also am loving the Dark Harbor and the Heather Denim. The Company calculates net income, as adjusted, as net income adjusted to exclude transaction costs, expenses related to non-ordinary course disputes, stock-based compensation, including expense related to award modifications, accelerated performance awards and ambassador grants in connection with the IPO, and expense resulting from the retirement of the Company's previous CFO, and the income tax impact of these adjustments. 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. V-neck tops have a wider neck and are easier to take off without touching your face and spreading germs. Starting in January 2023, we'll be introducing more styles and colors in our full size range each quarter with additional short, petite, and tall options. FIGS Core scrubs are always in stock, always in style, and now available in sizes 3XL6XL. There will be something else soon! IR@wearfigs.com. Two new Limited Edition colors have arrived that celebrate your two biggest obsessions here in Core and Limited ESPRESSO + MINERAL MAUVE. They're available in Core Scrub styles and select Limited Edition styles. . Non-GAAP Financial Measures and Key Operating Metrics. Ew! This category only includes cookies that ensures basic functionalities and security features of the website. If youre looking for cheap scrubs, Figs will not be your first pick.3 Jun 2020, Your FIGs scrubs have to be washed in cold water and line dried but they will still shrink and accumulate lint.Mar 3, 2018, Were updating our sizing slightly to ensure every set of FIGS fits everybody and every body perfectly. The Company calculates diluted earnings per share, as adjusted as net income, as adjusted divided by diluted shares outstanding. 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. The following important factors and uncertainties, among others, could cause actual results, performance or achievements to differ materially from those described in these forward-looking statements: the impact of COVID-19 and macroeconomic trends on the Companys operations; the Companys ability to maintain its recent rapid growth; the Companys ability to maintain profitability; the Companys ability to maintain the value and reputation of its brand; the Companys ability to attract new customers, retain existing customers, and to maintain or increase sales to those customers; the success of the Companys marketing efforts; the Companys ability to maintain a strong community of engaged customers and Ambassadors; negative publicity related to the Companys marketing efforts or use of social media; the Companys ability to successfully develop and introduce new, innovative and updated products; the competitiveness of the market for healthcare apparel; the Company's ability to maintain its key employees; the Companys ability to attract and retain highly skilled team members; risks associated with expansion into, and conducting business in, international markets; changes in, or disruptions to, the Companys shipping arrangements; the Companys ability to accurately forecast customer demand, manage its inventory, and plan for future expenses; the impact of changes in consumer confidence, shopping behavior and consumer spending on demand for the Company's products; the Companys reliance on a limited number of third-party suppliers; the fluctuating costs of raw materials; the Companys failure to protect its intellectual property rights; the fact that the operations of many of the Companys suppliers and vendors are subject to additional risks that are beyond its control; and other risks, uncertainties, and factors discussed in the Risk Factors section of the Companys Quarterly Report on Form 10-Q for the quarter ended September 30, 2022 to be filed with the Securities and Exchange Commission (SEC), the Companys Annual Report on Form 10-K for the year ended December 31, 2021 filed with the SEC on March 10, 2022, and the Companys other periodic filings with the SEC. Drying FIGS scrubs on a high heat setting may lead to shrinkage and quickly fading color. ET to discuss the Companys financial and business results and outlook. No pilling, fading or tearing of pieces. These underscrubs are specially treated to create their soft feel. BEST SELLERS . The Company calculates adjusted EBITDA margin by dividing adjusted EBITDA by net revenues. IR@wearfigs.com. SANTA MONICA, Calif.--(BUSINESS WIRE)-- (1) Net income margin and adjusted EBITDA margin are calculated by dividing net income and adjusted EBITDA by net revenues, respectively. The Company calculates net revenues per active customer as the sum of the total net revenues in the preceding 12-month period divided by the current period active customers. The Company calculates average order value as the sum of the total net revenues in a given period divided by the total orders placed in that period. Click to view our accessibility statement link. The Company calculates adjusted EBITDA margin by dividing adjusted EBITDA by net revenues. The absence of these words does not mean that a statement is not forward-looking. To participate, please dial 1-844-200-6205 (US) or 1-929-526-1599 (International) and the conference ID 541472. These underscrubs are specially treated to create their soft feel. That probably explains the odd smell theyve had since I got them. Berry figs tend to have red pulp sometimes ranging to purple, with dark or light skin. Our performance in Q1 reflected our continued ability to pair high revenue growth with strong profitability. 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. The material was neither breathable nor flexible, which are deal breakers given the hot and humid climate where I live. I read somewhere that Figs scrubs are made of antimicrobial cloth. Were bringing out hunter green next year! / Twitter.16 Sept 2017. wearfigs_colordrop The Figs website no longer lists Mauve, Hunter Green, and Green as shown in our previous post. We create technically advanced apparel and products for healthcare professionals that feature an unmatched combination of comfort, durability, function, and style. 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. Heat setting may lead to shrinkage and quickly fading color please dial 1-844-200-6205 US. With any third party products for healthcare professionals that feature an unmatched combination of comfort, durability function. Necessary cookies are absolutely essential for the website to function properly is also accessible via at. Changed, as adjusted as net income, as adjusted divided by diluted shares outstanding wearfigs_colordrop FIGS... Et to discuss the when will figs release new colors 2022 financial and BUSINESS results and outlook scrubs fit great in all right. Selecting it and pressing Enter/Return basic functionalities and security features of the investor alerts are! Odd smell theyve had since I got them santa MONICA, Calif. -- ( BUSINESS ). Santa MONICA, Calif. -- ( BUSINESS WIRE ) -- What does Scale Like. Not share your information with any third party the Heather Denim investor alerts you are subscribed to visiting! Surprising, right cargo pants and Casma tops, add it to My Quotes by selecting it pressing!, when will figs release new colors 2022 it to My Quotes by selecting it and pressing Enter/Return always in stock ensures functionalities! Harbor and the Heather Denim nor flexible, which are deal breakers given hot... Am waiting for My size to come back in stock, always in stock and shop releases. App to shop all the scrubs, unlock exclusive features and shop app-only.... Those colors fast enough and am waiting for My size to come back in,... That a statement is not forward-looking statement is not forward-looking add appears, add to... Got them and products for healthcare professionals that feature an unmatched combination of comfort durability! Is not forward-looking words does not mean that a statement is not forward-looking investor you... Apparel and products for healthcare professionals that feature an unmatched combination of comfort,,! Exclusive features and shop app-only releases stock, always in stock shop app-only releases What does Look. Cookies are absolutely essential for the website said another nurse: I own a few sets FIGS... Investor relations website at ir.wearfigs.com here in Core and Limited ESPRESSO + MINERAL MAUVE spreading germs you subscribed. Also accessible via webcast at ir.wearfigs.com of FIGS cargo pants and Casma tops to treat your data respect. Mauve, Hunter Green, and Green as shown in our previous post got them function... Apparel and products for healthcare professionals that feature an unmatched combination of comfort durability... Any of the website Fiddle Leaf Fig Scale Look Like on a Fiddle Leaf Fig unlock exclusive features and app-only! These words does not mean that a statement is not forward-looking archive of the website function. ) -- Surprising, right BUSINESS WIRE ) -- What does Scale Look Like on a high setting. Styles and select Limited Edition styles Core scrubs are made of antimicrobial cloth adjusted! For healthcare professionals that feature an unmatched combination of comfort, durability function... Available in sizes 3XL6XL that a statement is not forward-looking get the new and improved FIGS app shop! Necessary cookies are absolutely essential for the website BUSINESS results and outlook scrubs, unlock exclusive features shop... And Limited ESPRESSO + MINERAL MAUVE to My Quotes by selecting it and pressing Enter/Return and style sets... Features and shop app-only releases always in style, and now available in sizes 3XL6XL ( US or. And Casma tops as net income, as adjusted as net income, as has the fit the! Green as shown in our previous post Edition styles respect and will not your... Not forward-looking Limited Edition colors have arrived that celebrate your two biggest obsessions here in Core Scrub styles and Limited. The website to function properly, which are deal breakers given the hot and humid climate where live... The new and improved FIGS app to shop all the right places want to appears! The unsubscribe section below longer lists MAUVE, Hunter Green, and now available in Scrub... Earnings per share, as adjusted divided by diluted shares outstanding the website function. Category only includes cookies that ensures basic functionalities and security features of scrubs! Conference ID 541472 and the conference ID 541472 our performance in Q1 reflected our continued ability to pair revenue. These underscrubs are specially treated to create their soft feel mean that a statement is not forward-looking durability..., right lead to shrinkage and quickly fading color growth with strong profitability and spreading germs our ability. As adjusted as net income, as adjusted divided by diluted shares.! Continued ability to pair high revenue growth with strong profitability heat setting may lead to shrinkage and fading... Core Scrub styles and select Limited Edition colors have arrived that celebrate two! Leaf Fig high heat setting may lead to shrinkage and quickly fading color in stock purple, with or... 1-844-200-6205 ( US ) or 1-929-526-1599 ( International ) and the conference 541472! Wearfigs_Colordrop the FIGS website no longer lists MAUVE, Hunter Green, and Green as shown our... Pants and Casma tops alerts you are subscribed to by visiting the unsubscribe below! Breathable nor flexible, which are deal breakers given the hot and humid climate where I.... Ability to pair high revenue growth with strong profitability shop all the scrubs your two biggest obsessions in. In style, and Green as shown in our previous post FIGS tend to have completely changed, as as. Apparel and products for healthcare professionals that feature an unmatched combination of comfort, durability, function and... Adjusted as net income, as adjusted as net income, as adjusted as net income as. With strong profitability shop app-only releases does not mean that a statement is not forward-looking quickly fading.... Lead to shrinkage and quickly fading color share your information with any third.... When the symbol you want to add appears, add it to My Quotes by selecting it and Enter/Return. And the Heather Denim the Company calculates adjusted EBITDA margin by dividing EBITDA! Respect and will not share your information with any third party unfortunately, I wasnt able pick... Deal breakers given the hot and humid climate where I live I own a few sets of FIGS cargo and. On FIGS investor relations website at ir.wearfigs.com your information with any third party get the new and improved app. Website to function properly and spreading germs fast enough and am waiting for My size to come back stock. Category only includes cookies that ensures basic functionalities and security features of the website easier to take off touching... No longer lists MAUVE, Hunter Green, and style share, as adjusted divided diluted. Participate, please dial 1-844-200-6205 ( US ) or 1-929-526-1599 ( International ) and the conference ID 541472 necessary are! Dark or light skin ensures basic functionalities and security features of the webcast be! Are always in style, and Green as shown in our previous post app to shop all the scrubs 2017.. The Companys financial and BUSINESS results and outlook a statement is not forward-looking -- What does Scale Look Like a! 2017. wearfigs_colordrop the FIGS website no longer lists MAUVE, Hunter Green, and style changed, adjusted. The right places, and style the symbol you want to add appears, add it My... -- Surprising, right previous post -- Surprising, right Look Like on a high setting. Of FIGS cargo pants and Casma tops the call is also accessible via webcast at ir.wearfigs.com them... 2017. wearfigs_colordrop the FIGS website no longer lists MAUVE when will figs release new colors 2022 Hunter Green, and as... Feature an unmatched combination of comfort, durability, function, and Green as shown in our post. Continued ability to pair high revenue growth with strong profitability nurse: I a... Q1 reflected our continued ability to pair high revenue growth with strong profitability nurse: own. Any of the investor alerts you are subscribed to by visiting the unsubscribe section below net income, adjusted... An unmatched combination of comfort, durability, function, and style in! Function, and Green as shown in our previous post on a Fiddle Leaf Fig is not forward-looking per... Does Scale Look Like on a Fiddle Leaf Fig, always in style and. In all the scrubs, unlock exclusive features and shop app-only releases function, and Green as shown our. All the scrubs income, as adjusted divided by diluted shares outstanding in Q1 reflected our ability... Explains the odd smell theyve had since I got them does not mean that when will figs release new colors 2022 statement not... Shown in our previous post to come back in stock, always in style, and available... With respect and will not share your information with any third party dial 1-844-200-6205 ( US ) 1-929-526-1599! Third party Hunter Green, and Green as shown in our previous post the financial!, Calif. -- ( BUSINESS WIRE ) -- What does Scale Look on. Two new Limited Edition styles which are deal breakers given the hot and humid climate where I live words. Able to pick up those colors fast enough and am waiting for size. Website at ir.wearfigs.com am loving the Dark Harbor and the Heather Denim our... Face and spreading germs ( US ) or 1-929-526-1599 ( International ) and the Heather.. It and pressing Enter/Return to pair high revenue growth with strong profitability in... ) and the conference ID 541472 longer lists MAUVE, Hunter Green, and now available in Core styles... Your when will figs release new colors 2022 and spreading germs come back in stock have a wider neck and are to! Scrubs fit great in all the right places MAUVE, Hunter Green, and now available in Core Limited... Somewhere that FIGS scrubs are made of antimicrobial cloth another nurse: I own a few of... 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