Figs Rule of 40

What does Figs do? Figs Inc, trading under the ticker FIGS, is a company based in Santa Monica, California, operating within the Consumer Discretionary sector, specifically in the Textiles, Apparel & Luxury Goods industry. The company went public on May 27, 2021, and currently employs 388 full-time staff. Figs Inc focuses on producing and managing healthcare apparel and lifestyle brands, catering primarily to healthcare professionals. Its product range includes scrub wear and non-scrub wear, such as lab coats, under scrubs, outerwear, loungewear, compression socks, and footwear. The company also offers additional items like face masks, scrub caps, lanyards, badge reels, tote bags, baseball caps, and beanies. Figs Inc markets and sells its products directly through its digital platform to customers in approximately 14 countries. The firm designs its products in-house and collaborates with third-party suppliers and manufacturers for production. Notably, its scrubs feature zippered pockets designed for practical use by healthcare professionals, accommodating items such as stethoscopes, scissors, smartphones, and ID badges. The company's under scrubs line includes sports bras, performance leggings, tops, and Pima cotton tops. Figs Inc's website is www.wearfigs.com, providing a direct channel for customers to access its range of healthcare-focused apparel and lifestyle products. Figs is one of the most popular companies on Eulerpool.