FIGS
ope a in the increase in selling expense as a percentage of net revenues primarily reflects higher fulfillment expenses associated with the transition to our new center in higher than anticipated post transition expenses as we ramped the of this facility and higher shipping expenses the increase in marketing expenses as a percentage of net revenues was primarily due to a strategic investment in the biggest top of funnel marketing campaign we have ever done our first of its kind partnership outfitting the team medical team the decrease in a expenses as a percentage of net revenues was primarily related to lower stock based compensation expense partially offset by a write down of assets at our prior distribution center operating | FIGS
Company
Deck Type
Sector
Industry
Deck date
November 2024
Slide
19 of 26
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