Previous close | 12.25 |
Open | 12.29 |
Bid | 12.20 x 1200 |
Ask | 13.20 x 1100 |
Day's range | 12.07 - 12.91 |
52-week range | 6.93 - 48.63 |
Volume | |
Avg. volume | 3,746,525 |
Market cap | 2.108B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | 63.75 |
EPS (TTM) | 0.20 |
Earnings date | 04 Aug 2022 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 14.59 |
With a potential recession on the horizon and inflation at its highest point in years, many investors are concerned about the performance of consumer discretionary companies. These businesses sell nice-to-have products, so when consumer budgets tighten, demand should decline -- at least in theory. Figs, the provider of high-quality scrubs for healthcare workers, had a widely positive second-quarter earnings report. The primary driver of this was Figs' loyal customers.
Presenting on today's call are Trina Spear, our chief executive officer; and Daniella Turenshine, our chief financial officer. As a reminder, remarks on this call that do not concern past events are forward-looking statements.
Figs (FIGS) delivered earnings and revenue surprises of 50% and 2.74%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?