FIGS, Inc. (FIGS) Q2 2024 Earnings Call Transcript

FIGS, Inc. (NYSE:FIGS) Q2 2024 Earnings Call August 8, 2024 5:00 PM ET

Company Participants

Todd Maron - Investor Relations
Trina Spear - Co-Founder and Chief Executive Officer
Kevin Fosty - Interim Chief Financial Officer

Conference Call Participants

Brooke Roach - Goldman Sachs
Bob Drbul - Guggenheim
Dana Telsey - Telsey Group
Adrienne Yih - Barclays
Rakesh Patel - Raymond James
Chandana Madaka - KeyBanc
Matt Koranda - Roth Capital Partners
Nathan Feather - Morgan Stanley
John Kernan - TD Cowen
Brian Nagel - Oppenheimer

Operator

Good afternoon. Thank you for joining today’s FIGS Second Quarter and Fiscal 2024 Earnings Conference Call. My name is Cole, and I’ll be the moderator for today’s call. [Operator Instructions] I’d now like to pass the call over to Todd Maron. Please go ahead.

Todd Maron

Thank you. Good afternoon, and thank you for joining today’s call to discuss FIGS second quarter 2024 results, which we released this afternoon and can be found in our earnings press release and in the stockholder presentation posted to our Investor Relations website at ir.wearfigs.com. Presenting on today’s call are Trina Spear, our Co-Founder and CEO; and Kevin Fosty, our Interim CFO.

As a reminder, remarks on this call that do not concern past events are forward-looking statements. These may include predictions, expectations or estimates, including about future financial performance, market opportunity or business plans. Forward-looking statements involve risks and uncertainties and actual results could differ materially. These and other risks are discussed in our SEC filings, including in the 10-Q we filed today, which we encourage you to review. We do not place undue reliance on forward-looking statements, which speak only as of today and which we undertake no obligation to update.

Finally, we will discuss certain non-GAAP metrics and key performance indicators, which we believe are useful supplemental