other material
confidence high
sentiment positive
materiality 0.55
FIGS reaffirms 2021 revenue guidance of $410M and long-term target of $1B by 2025
FIGS, Inc.
- Reaffirmed FY2021 net revenue outlook of $410M, gross margin ≥70%, adjusted EBITDA margin ≥20%.
- Reaffirmed long-term target of net revenue >$1.0B by 2025, with gross margin ≥70% and adjusted EBITDA margin ≥20% for FY2022-2024.
- Management cites continued business momentum as rationale for reaffirmation; no guidance changes.