Figs Q4 Revenue Rises 33% to $201.9M, EPS Beats by 400%
Figs reported Q4 revenue of $201.9 million, up 33% year-over-year and 21.8% above consensus estimates, and delivered EPS of $0.10, a 400% surprise. Active customers reached 2,921 and average order value hit $120; US revenues climbed 28.8% to $164.2M and Rest-of-world sales jumped 55.1% to $37.7M.
1. Financial Results
Figs posted $201.9 million in Q4 revenue, marking a 33% increase from a year ago and beating consensus by 21.8%. Earnings per share reached $0.10, a 400% surprise over the estimated $0.02, underscoring strong margin leverage.
2. Customer and Order Metrics
Active customer count rose to 2,921 versus 2,802 expected, while average order value hit $120 compared with a $119.38 estimate. These metrics highlight resilient demand and efficient customer monetization in the quarter.
3. Geographic Revenue Performance
US revenues grew 28.8% year-over-year to $164.16 million, topping the $137.2 million estimate. Rest-of-world sales surged 55.1% to $37.74 million, well above the $29.81 million projection.
4. Segment Growth and Market Reaction
Scrubwear revenue climbed 35.1% to $154.9 million against a $128.1 million estimate, while non-scrubwear hit $46.99 million, up 26.4%. Shares have trailed the S&P 500 by 3.5% over the past month despite a strong Zacks Rank #1 signal.