1/5/2024 0 Comments Figs compression socks![]() At this point, I want a full refund with free shipping immediately not to mention the 2x leggings for the inconvenience I've been caused. I have let probably 4 to 5 voicemails with no return call so far. I called their phone number from the email stating to contact with return/exchange issues and only received an automated message turning it to voicemail. I feel stuck with the products which came to over $80.00. Not one email has been sent back answering any of the questions. I have sent numerous emails asking where to send it back to and asked, since they say free return/exchanges, will they be sending me a shipping label of some sort or refunding my shipping cost to return. So far as of today not one email has been sent to me telling me where to send it. The automated emails in response to my wanting to exchange these 4 medium pairs states, through the link sent in it, to wait to send back the exchange since they have multiple warehouses and so needs to go to the correct one. When I emailed about it, I was told that it could not be removed and I believe I requested that within 24 hours. I actually meant to order only 3 but when I received an email saying something about getting another one half off due to my purchase when I clicked to inquire, it automatically ordered it without allowing me to delete it from the order. I emailed them at least 5 or more times and received each time an automated email saying the same thing referring me to their exchange or return policy which of course was not advertised well on their website. Spruce Point claimed Figs has a history of reporting inflated financial metrics, including overstating its revenue figures, gross margins and its total addressable market potential.I received 4 pairs of thigh high compression stockings in size medium which I ordered in error. The New York-based investment management firm also issued a "strong sell" rating on Figs' stock, saying the shares face a downside risk of around 45% to 60%. Shares of Figs Inc fell about 4% on Wednesday after short seller Spruce Point Capital Management LLC alleged the medical apparel and scrubs maker exaggerated key financial metrics and said it expects the company to fall short of its growth targets. Spruce Point says scrubs maker Figs overstated revenue, issues 'strong sell' rating (NYSE: FIGS), the direct-to-consumer healthcare apparel and lifestyle brand, announced today that Trina Spear, Chief Executive Officer and Co-Founder, and Daniella Turenshine, Chief Financial Officer, are scheduled to participate in a fireside chat at the Piper Sandler Growth Frontiers Conference on Wednesday, September 14, 2022, at 10:00 a.m. SANTA MONICA, Calif., September 07, 2022-FIGS, Inc. William White on InvestorPlace | September 7, 2022įIGS Announces Participation in the Piper Sandler Growth Frontiers Conference SoFi Technologies (SOFI) stock is on the move Wednesday as investors react to a multi-year contract with NFL player Justin Herbert. Shares of Figs are trading lower following the release of a short report by Spruce Point.Įddie Pan on InvestorPlace | September 7, 2022Ĭan Justin Herbert Help SOFI Stock Score a Touchdown? ![]() Short Seller Spruce Point Says FIGS Stock Can Plunge 60% From Here Spruce Point Capital’s Ben Axler joins Yahoo Finance Live to discuss the company’s report on FIGS that claimed the apparel company exaggerated metrics and its total addressable market. Spruce Point Capital founder alleges that FIGS execs are ‘exaggerating financials'
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