FIGS Q2 net rev $122.2M (+20.9%); net income $4.9M; Hasson Exec Chair, Spear CEO

FIGS, Inc.

2022-Q2 EPS reported $0.07 revenue$232,348,000

Q2 net revenue $122.2M (+20.9% YoY); net income $4.9M, diluted EPS $0.03.
Adjusted EBITDA $21.5M, margin 17.6%, ahead of expectations.
Active customers 2.0M (+26.2%); AOV $109 (+5.8% YoY).
FY 2022 outlook maintained: net revenue $510-$530M, adj EBITDA margin 16%-18%.
Heather Hasson named Executive Chair; Trina Spear becomes sole CEO effective Aug 4, 2022.

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Catherine Spear

sole Chief Executive Officer and principal executive officer

FIGS · FIGS, Inc.

Effective: 2022-08-04
Filed: August 4, 2022, 7:59 PM ET

On August 2, 2022, the Board appointed Catherine Spear as the Company’s sole Chief Executive Officer and principal executive officer, effective on the Effective Date.

Role change

Heather Hasson

Executive Chair

FIGS · FIGS, Inc.

Effective: 2022-08-04
Filed: August 4, 2022, 7:59 PM ET

On August 2, 2022, the Board of Directors (the “ Board ”) of the Company appointed Heather Hasson as Executive Chair of the Board, effective August 4, 2022 (the “ Effective Date ”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Catherine Spear was appointed as sole Chief Executive Officer and principal executive officer at FIGS, Inc..

Action: appointed
Role: sole Chief Executive Officer and principal executive officer

Exact text from the filing

On August 2, 2022, the Board appointed Catherine Spear as the Company’s sole Chief Executive Officer and principal executive officer, effective on the Effective Date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Heather Hasson was appointed as Executive Chair at FIGS, Inc..

Action: appointed
Role: Executive Chair

Exact text from the filing

On August 2, 2022, the Board of Directors (the “ Board ”) of the Company appointed Heather Hasson as Executive Chair of the Board, effective August 4, 2022 (the “ Effective Date ”).

View on SEC.gov

FIGS, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-22-021078

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