FIGSCarter's

FIGS vs Carter's

FIGS disrupted scrubs and built a direct-to-consumer healthcare apparel brand, while Carter's has spent decades dressing newborns through wholesale and retail channels the old-fashioned way. Both comp...

Investment Analysis

FIGS

FIGS

FIGS

Pros

  • FIGS reported a strong Q3 2025 with 8% year-over-year revenue growth reaching $151.7 million, beating analyst expectations.
  • The company improved gross margin by 280 basis points to 69.9% and increased adjusted EBITDA margin to 12.4%, indicating enhanced profitability.
  • FIGS has a strong balance sheet with zero debt and a high financial health rating.

Considerations

  • Despite beating earnings estimates, FIGS's stock price declined slightly after earnings, reflecting possible market concerns about valuation or future momentum.
  • The company's earnings per share remain modest with a diluted EPS of $0.04 and a high price-to-earnings ratio near 188, suggesting valuation risks.
  • Long-term price forecasts show high volatility with potential downside in 2025 and mixed analyst sentiment, indicating execution and market risk.

Pros

  • Carter's has a well-established brand with significant market share in the children’s apparel sector.
  • The company exhibits stable cash flow generation and maintains a solid balance sheet with manageable debt levels.
  • Carter's benefits from a diversified product portfolio and extensive distribution channels, supporting steady revenue streams.

Considerations

  • Carter's faces risks from changing consumer preferences and increasing competition in the children’s apparel market.
  • The company has exposure to supply chain disruptions and cost inflation, which can pressure margins.
  • Growth prospects may be limited by market saturation and slower organic expansion relative to newer, faster-growing apparel peers.

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FIGSG-III Apparel Group

FIGS vs G-III Apparel Group

FIGS disrupted healthcare apparel by selling premium scrubs directly to medical professionals through a digitally native brand while G-III Apparel Group operates a diversified wholesale and retail apparel platform across owned and licensed brands. Both companies depend on consumer affinity for their labels, though FIGS bets on a single community while G-III spreads risk across dozens of brand relationships. The FIGS vs G-III Apparel Group comparison shows how customer acquisition costs, gross margin trajectories, and brand concentration risk tell very different capital efficiency stories.

FIGSGentherm

FIGS vs Gentherm

FIGS sells premium scrubs and medical apparel directly to healthcare workers through a DTC brand that built genuine loyalty, while Gentherm develops thermal management technology embedded in automotive seats and medical devices, putting a consumer lifestyle brand against a niche industrial technology company. Both companies target professional end users and have built recurring purchase patterns within their respective customer bases. FIGS vs Gentherm shows readers how brand-driven gross margins compare to engineering-driven moats and which business model holds up better when growth rates normalize.

FIGSCriteo

FIGS vs Criteo

FIGS sells premium scrubs and healthcare apparel directly to medical professionals who've made the brand a status symbol in hospitals, while Criteo runs a commerce media platform connecting retailers and brands to shoppers through performance advertising. Both companies rely on digital channels and data-driven customer relationships to drive repeat purchases and revenue. The FIGS vs Criteo comparison reveals how brand loyalty, customer acquisition cost, and the shift from growth to profitability play out differently for a DTC apparel company and an adtech platform.

Frequently asked questions

FIGS
FIGS$14.62
vs
CRI
CRI$35.76