--- title: "Why Figs Stock Crashed Today" type: "News" locale: "en" url: "https://longbridge.com/en/news/285748514.md" description: "Figs (NYSE: FIGS) experienced a significant stock crash of 29.4% despite reporting better-than-expected earnings and sales. The company earned $0.03 per share on $159.9 million in sales, surpassing analyst forecasts. However, guidance for future sales growth is concerning, with projections of only 14% to 16% growth for the year, down from 28% in Q1. This has led to investor disappointment, as the expected growth is still above Wall Street's forecast of 12%. Figs is currently facing scrutiny, and analysts suggest considering other investment options." datetime: "2026-05-08T15:25:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285748514.md) - [en](https://longbridge.com/en/news/285748514.md) - [zh-HK](https://longbridge.com/zh-HK/news/285748514.md) --- # Why Figs Stock Crashed Today ## Key Points - Figs beat on sales and beat on earnings last night. Today, it sold off anyway. - Guidance calls for Q1 sales growth to slow dramatically later in the year. - 10 stocks we like better than Figs › Pull out the crash cart -- **Figs** (NYSE: FIGS) is on life support. The popular purveyor of medical and surgical scrubs and other apparel took a huge tumble on Friday, crashing 29.4% through 10:40 a.m. ET despite beating analyst forecasts for both sales and earnings last night. _**Will AI create the world's first trillionaire?** Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. **Continue »**_ Heading into its Q1 report, analysts forecast Figs to earn $0.01 per share on $152.5 million in sales. Figs actually earned $0.03 per share and reported sales of $159.9 million. Image created by JesterAI. ## Figs Q1 earnings So good news, right? Investors should be happy? Except they aren't -- and guidance seems to be the reason. In Q1, Figs grew sales a strong 28%, with scrubwear sales up 27% and non-scrubwear up an even better 31%. Figs improved its gross profit margin (albeit only by 0.1%). It grew operating costs slower than sales (up only 23%). Figs even flipped from a small net loss a year ago, to $0.03 in profits this time -- an earnings growth rate of infinity! But when it came time to give guidance, the most Figs would promise for 2026 was sales growth of 14% to 16%. ## Is this good or bad for Figs? I get why investors are spooked. Figs grew 28% in Q1, but promised barely half that growth over the course of the rest of the year -- but here's the thing: Wall Street is only expecting Figs to grow its sales by _12_% this year. Investors may be upset that 14% is less than 28%, sure. But it's also comfortably ahead of 12%, and that means Figs just promised to beat earnings this year. That sounds like good news to me. If it were a lot cheaper than its current 73.5 price-to-earnings ratio, I might even buy Figs stock. ## Should you buy stock in Figs right now? Before you buy stock in Figs, consider this: The _Motley Fool Stock Advisor_ analyst team just identified what they believe are the **10 best stocks** for investors to buy now… and Figs wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when **Netflix** made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, **you’d have $475,926**!\* Or when **Nvidia** made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, **you’d have $1,296,608**!\* Now, it’s worth noting _Stock Advisor’s_ total average return is 981% — a market-crushing outperformance compared to 205% for the S&P 500. **Don't miss the latest top 10 list, available with _Stock Advisor_, and join an investing community built by individual investors for individual investors.** **See the 10 stocks »** _\*Stock Advisor returns as of May 8, 2026._ _Rich Smith has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy._ The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. ### Related Stocks - [FIGS.US](https://longbridge.com/en/quote/FIGS.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [INTC.US](https://longbridge.com/en/quote/INTC.US.md) - [NFLX.US](https://longbridge.com/en/quote/NFLX.US.md) - [NDAQ.US](https://longbridge.com/en/quote/NDAQ.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) ## Related News & Research - [How Strong Q1 Results And Higher 2026 Guidance At FIGS (FIGS) Has Changed Its Investment Story](https://longbridge.com/en/news/286806996.md) - [A Look At FIGS (FIGS) Valuation After A Volatile Stretch In Recent Share Performance](https://longbridge.com/en/news/286343715.md) - [‘The Pitt’ star Noah Wyle to lead healthcare rally on Capitol Hill](https://longbridge.com/en/news/286936590.md) - [FIGS, Inc. (NYSE:FIGS) Given Consensus Rating of "Moderate Buy" by Brokerages](https://longbridge.com/en/news/285906312.md) - [Walmart Stock: Here’s Why Analysts Are Raising Price Targets Before Q1 Earnings.](https://longbridge.com/en/news/286950969.md)