US Medical Uniform Stocks Plunge 6% After Earnings Rally

As of market close, shares of FIGS Inc. (NYSE: FIGS) fell 5.8%, ending the day at $15.55. The company’s market capitalization stands at about $2.458 billion (roughly KRW 3.3 trillion), meaning it lost around $135 million (about KRW 180 billion) in value in a single session.

In its Q4 2025 results, announced at the end of February, FIGS reported revenue of $201.9 million—a 33% increase year-over-year that beat analysts’ expectations. The company also projected double-digit revenue growth and margin expansion in 2026, earning favorable reviews on Wall Street. Most recently, BTIG Research reaffirmed its Buy rating on FIGS, citing strong momentum in its results and a compelling growth story.

FIGS Inc. is a U.S. healthcare apparel and lifestyle brand that sells medical scrubs and uniforms primarily through a direct-to-consumer online model. Operating in the U.S. and Canada, the company has maintained rapid sales growth. Founded in 2013 by its original management team, FIGS has become one of the fastest-growing consumer brands in the U.S., driven by its premium medical-uniform offerings.