FIGS is turning healthcare apparel into a broader investment story, with net revenues rising 28% year over year to $159.9 million and active customers surpassing 3 million for the first time. Scrubwear grew 27% and accounted for 79% of net revenues, while non-scrubwear grew 31% and represented 21% of net revenues, reflecting a strategy to build a broader healthcare wardrobe around layering, fit, fabrics, and use cases. The company is also testing omnichannel growth through Community Hubs, where roughly 40% of visitors are new to the brand, and through TEAMS, which serves hospitals and healthcare organizations. International net revenues reached $28.3 million, up 49.9% year over year, with operations now in 85 markets versus 32 at the end of 2024, though tariffs and supply-chain costs limited gross margin improvement to just 10 basis points at 67.7%. The stock carries a Zacks Rank of 3, or Hold, with a Momentum Score of A and a Value Score of D.
Lululemon Athletica Inc.
Superior Uniform Group IncFigs IncNet revenues up 28% YoY, active customers surpass 3M, scrubwear and non-scrubwear both growing strongly.