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Stock impact report

Figs (FIGS) Hits New High on Stellar Earnings, Double-Digit Growth Outlook [Yahoo! Finance]

FIGS, Inc. Class A (FIGS) 
Company Research Source: Yahoo! Finance
We recently published Wall Street Can't Keep Up: 10 Big Names on a High . Figs Inc. (NYSE:FIGS) was one of the best performers on Thursday. Figs Inc. soared to a nearly four-year high on Thursday, as investors cheered its stellar performance last year, coupled with a double-digit revenue growth outlook this year. At intra-day trading, the stock hit its highest price of $12.66 before paring gains to finish the session just up by 13.78 percent at $12.47 apiece. In an updated report, Figs Inc. (NYSE:FIGS) said that net income last year increased by 1,159 percent to $34.25 million from only $2.72 million in 2024, while revenues jumped by 13.7 percent to $631 million from $555 million, on the back of higher orders from new and existing customers, as well as average order value. Figs (FIGS) Hits New High on Stellar Earnings, Double-Digit Growth Outlook GoneWithTheWind/Shutterstock.com In the fourth quarter alone, net profit climbed by 884 percent to $18.5 million from $1.88 mil Show less Read more
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