Company Overview - Figs (FIGS) shares increased by 5.8% to $6.38 in the last trading session, with a notable trading volume, and have gained 13.1% over the past four weeks [1] - The company is expected to report quarterly earnings of $0.02 per share, reflecting a year-over-year increase of 100%, with revenues projected at $144.57 million, a 0.2% increase from the previous year [3] Performance Drivers - Key factors supporting Figs' stock performance include customer growth, strong full-priced selling, record average order value in Q1, and a solid balance sheet [2] - Ongoing strategic investments and a focus on category leadership are expected to enhance long-term growth potential [2] Earnings Estimates and Market Position - The consensus EPS estimate for Figs has remained unchanged over the last 30 days, indicating stability in earnings expectations [4] - The stock currently holds a Zacks Rank of 1 (Strong Buy), suggesting positive market sentiment [4] Industry Context - Figs operates within the Zacks Retail - Apparel and Shoes industry, where Allbirds, Inc. (BIRD) also competes, having closed 13.1% higher at $11.77 in the last session [4] - Allbirds has a Zacks Rank of 3 (Hold) and its EPS estimate has decreased by 8.8% year-over-year [5]