--- 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) generator: "portal-rs" --- # 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 - [FIGS (FIGS) Stock May Be Trading At A Premium As Growth Drives It](https://longbridge.com/en/news/296564894.md) - [FIGS (NYSE:FIGS) Posts Earnings Results, Beats Estimates By $0.08 EPS](https://longbridge.com/en/news/295177392.md) - [FIGS (NYSE:FIGS) Price Target Cut to $16.00 by Analysts at Telsey Advisory Group](https://longbridge.com/en/news/295239860.md) - [FIGS (FIGS) Is Up 31.1% After Raising 2026 Revenue Guidance And Buybacks Expansion - Has The Bull Case Changed?](https://longbridge.com/en/news/295400800.md) - [Why Figs stock popped today](https://longbridge.com/en/news/295285571.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**