Earnings Call Summary | FIGS Inc(FIGS.US) Q1 2024 Earnings Conference
Earnings Call Summary | FIGS Inc(FIGS.US) Q1 2024 Earnings Conference
The following is a summary of the FIGS, Inc. (FIGS) Q1 2024 Earnings Call Transcript:
以下是FIGS公司（FIGS）2024年第一季度業績電話會議記錄的摘要：
Financial Performance:
財務業績：
FIGS reported net revenues down less than 1% to $119.3 million, at the upper end of expectations for Q1 2024.
Adjusted EBITDA margin was 10.9%, surpassing expectations.
Gross margin was 68.9% down due to a product mix shift from 71.3% in Q1 2023.
Active customers for the trailing 12-month period rose by 8.6% compared to last year.
International net revenues grew by 29% in the first quarter compared to 2023.
Average Order Value increased, reaching $116 in this quarter from $94 in 2019.
Reported a 28% year-over-year decline in inventory, indicating improved inventory management.
FIGS報告稱，淨收入下降不到1％，至1.193億美元，達到2024年第一季度的預期上限。
調整後的息稅折舊攤銷前利潤率爲10.9％，超出預期。
由於產品結構從 2023 年第一季度的71.3％發生了變化，毛利率下降了68.9％。
與去年相比，過去12個月的活躍客戶增長了8.6％。
與2023年相比，第一季度國際淨收入增長了29％。
平均訂單價值從2019年的94美元增加到本季度的116美元。
報告庫存同比下降28％，表明庫存管理有所改善。
Business Progress:
業務進展：
The company enhanced their product and technical development teams and supply chain.
New product introductions were well received; plans to introduce new fabrications and categories to cater to healthcare professionals' needs.
Significant investments made in developing ordering platforms for catering to larger customer teams.
Opened a new retail outlet in Philadelphia, aiming for growth through a 'test, learn, apply, and win' approach.
Transitioning its fulfillment center to a better facility to improve delivery and customer experiences.
Significant product diversification seen across categories like outerwear, FIGSPRO, etc.
Expecting growth from existing and returning customers driven by new product innovations and effective marketing campaigns.
Activating global expansion plans, starting with a facility in Canada.
Focused brand storytelling and product launch efforts bringing more healthcare professionals into the FIGS's customer base.
該公司加強了他們的產品和技術開發團隊和供應鏈。
新產品的推出受到好評；計劃推出新的產品和類別以滿足醫療保健專業人員的需求。
在開發訂購平台以滿足更大的客戶團隊方面進行了大量投資。
在費城開設了一家新的零售店，旨在通過 “測試、學習、應用和獲勝” 的方法實現增長。
將其發貨中心過渡到更好的設施，以改善交付和客戶體驗。
在外套、FIGSPRO等類別中，產品明顯多樣化。
在新產品創新和有效的營銷活動的推動下，預計現有客戶和回頭客將實現增長。
啓動全球擴張計劃，首先在加拿大設立工廠。
重點講述品牌故事和產品發佈工作，將更多的醫療保健專業人員帶入FIGS的客戶群。
More details: FIGS Inc IR
更多詳情： FIGS Inc IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。