FIGS is a direct-to-consumer healthcare apparel and lifestyle brand. Co. sells products designed to serve the particular needs of healthcare personnel primarily through a direct-to-consumer digital platform, consisting of its website and mobile app. Co.'s offerings include scrubwear and non-scrubwear, such as lab coats, underscrubs, outerwear, loungewear, compression socks, footwear and other lifestyle apparel. Co. designs all of its products in-house, utilizes third-party suppliers and manufacturers to produce its product components and finished products, and utilizes shallow initial buys and data-driven repurchasing decisions to test new products. Co. also has a merchandising model. The FIGS average annual return since 2021 is shown above.
The Average Annual Return on the FIGS average annual return since 2021 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether FIGS average annual return since 2021 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the FIGS average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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