24/7 Market News Snapshot 07 August, 2025 – FIGS, Inc. (NYSE:FIGS)

August 7, 2025

DENVER, Colo., 07 August, 2025 (www.247marketnews.com) – (NYSE:FIGS) are discussed in this article.
FIGS, Inc. (NYSE:FIGS) has demonstrated significant momentum in recent trading sessions, with shares rising about 10.55% to a current trading price of $7.075. This surge occurred on strong investor interest, highlighted by a trading volume of 4.42 million shares. Market analysts suggest that this upward trajectory indicates potential for a breakout as buying pressure mounts, while key resistance levels could soon be tested. Investors are advised to monitor support at $6.52 in case of pullbacks, as FIGS’ performance aligns with broader market trends favoring growth in healthcare apparel.

In conjunction with this bullish market sentiment, FIGS also reported impressive financial results for the second quarter of 2025, achieving record net revenues of $152.6 million—a 5.8% increase year-over-year. This growth was largely driven by an influx of orders from both new and loyal customers, elevating the average order value. The scrubwear segment outperformed expectations, with revenues of $127.4 million, reflecting a 7.7% annual increase, despite a slight decline in non-scrubwear sales.

Geographic performance remains strong; U.S. revenues rose to $129.9 million, a 3.7% increase, while international revenues surged 19.8% to $22.7 million, illustrating FIGS’ expanding global presence. The company maintained a robust gross margin of 67.0% and achieved net income of $7.1 million, or $0.04 per diluted share, compared to $1.1 million in the same quarter last year. Adjusted EBITDA increased to $19.7 million, further emphasizing FIGS’ operational efficiency.

CEO and Co-Founder Trina Spear expressed optimism about the continued momentum and strong execution that led to this record quarter. With plans focused on innovative strategies to enhance customer engagement, FIGS aims to sustain growth and profitability throughout 2025, reaffirming its commitment to empowering healthcare professionals through high-quality apparel.

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