Figs sees FY23 revenue growth of 5.5%-7.5% year-over-year

Sees FY23 adjusted EBITDA Margin of 12.5%-13.5%. Daniella Turenshine, Chief Financial Officer, commented, “We delivered better than expected results in the second quarter while making progress in getting inventory back to normalized levels and generating strong free cash flow. We plan to continue to leverage our strong balance sheet and free cash flow generation to invest in future growth.”