(1) Net income, as adjusted, diluted earnings per share, as adjusted, adjusted EBITDA and adjusted EBITDA margin are non-GAAP financial measures. Tumble dry at low heat or lay flat. An archive of the webcast will be available on FIGS investor relations website at ir.wearfigs.com. ET to discuss the Companys financial and business results and outlook. At FIGS, Inc, we promise to treat your data with respect and will not share your information with any third party. December 20, 2022. In fact, depending on the material, your scrubs may shrink a full size, but it may take one or two washes before theyve hit maximum shrinkage.Nov 2, 2020. 8.2K views, 2 likes, 0 loves, 0 comments, 0 shares, Facebook Watch Videos from FIGS: Introducing our NEW color, Hydrogreen! Whether you prefer stretch fabric that keeps its shape, additional pockets for maximum storage or V-neck tops for an extra touch of style, we have the galaxy scrubs for you. We market and sell our products directly through our digital platform to provide a seamless experience for healthcare professionals. This press release contains various forward-looking statements about the Company within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, that are based on current management expectations, and which involve substantial risks and uncertainties that could cause actual results to differ materially from the results expressed in, or implied by, such forward-looking statements. BEST SELLERS . (1) Represents certain legal fees incurred in connection with the litigation claims described in the section titled Legal Proceedings appearing in the Companys Quarterly Report on Form 10-Q for the quarter ended March 31, 2022. That probably explains the odd smell theyve had since I got them. Importantly, our brand remains strong and we continue to gain market share as we strive to become the largest provider of scrubs and lifestyle apparel to the healthcare community.. To access the replay, please dial 1-866-813-9403 (US) or +44-204-525-0658 (International) and the conference ID 612866. Importantly, our brand remains strong and we continue to gain market share as we strive to become the largest provider of scrubs and lifestyle apparel to the healthcare community.. For more information regarding the Companys use of non-GAAP financial measures, please see the section titled Non-GAAP Financial Measures and Key Operating Metrics.. In addition to the GAAP financial measures set forth in this press release, the Company has included non-GAAP financial measures within the meaning of Regulation G and Item 10(e) of Regulation S-K. The Company uses net income, as adjusted, diluted earnings per share, as adjusted, adjusted EBITDA and adjusted EBITDA margin to provide useful supplemental measures that assist in evaluating its ability to generate earnings, provide consistency and comparability with its past financial performance and facilitate period-to-period comparisons of its core operating results as well as the results of its peer companies. Developed by Charlie Grandy for HBO Max, it stars executive producer Mindy Kaling as the voice of the titular character, with Sam Richardson, Constance Wu and Glenn Howerton in supporting roles. Click the color picker and select the gradient option. After submitting your request, you will receive an activation email to the requested email address. ET on November 17, 2022. Essential styles here all-year-round and offered in a variety of colors, inseams and fits so you feel 100% Awesome 24/7. This press release contains various forward-looking statements about the Company within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, that are based on current management expectations, and which involve substantial risks and uncertainties that could cause actual results to differ materially from the results expressed in, or implied by, such forward-looking statements. Figs Releases New Colors Frequently. Starting in January 2023, we'll be introducing more styles and colors in our full size range each quarter with additional short, petite, and tall options. These forward-looking statements address various matters, including the Companys adjustment to and ability to navigate current macroeconomic conditions; the Companys plan to implement product innovation, customer engagement strategies and maintain cost pressures; the Companys aim to become the largest provider of scrubs and lifestyle apparel to the healthcare community; the Companys plan to right-size inventory and control costs; the Companys plan to invest in the long-term growth of the business; the Company's advancement of its leadership position in the market and the Companys outlook as to net revenues and adjusted EBITDA margin for the full year ending December 31, 2022; all of which reflect the Companys expectations based upon currently available information and data. The Company uses net income, as adjusted, diluted earnings per share, as adjusted, adjusted EBITDA and adjusted EBITDA margin to provide useful supplemental measures that assist in evaluating its ability to generate earnings, provide consistency and comparability with its past financial performance and facilitate period-to-period comparisons of its core operating results as well as the results of its peer companies. Table of Contents. CORE COLLECTION. To access the replay, please dial 1-866-813-9403 (US) or +44-204-525-0658 (International). ET on November 17, 2022. I was able to get my hands on a few styles and wanted to share my opinions and review of them with you. After submitting your request, you will receive an activation email to the requested email address. FIGS management will host a conference call and webcast today at 2:00 p.m. PT / 5:00 p.m. Use the eyedropper tool Select the object youd like to edit. Ive tried so many different brands and will never go back., Color Mixing: Purple (mix Crimson and Ultramarine Deep) A tint of Purple (Mix Crimson and Ultramarine deep and a little bit of Burnt umber) Violet (Mix Ultramarine deep and Crimson, in a proportion 2:1). Click Manage settings for more information and to manage your choices. If you typically wear a size small, reviewers recommend you go up a size in scrubs but be forewarned, they may be too long. Active customers as of March 31, 2022 and 2021, respectively, and average order value and net revenues per active customer for the three months ended March 31, 2022 and 2021, respectively, are presented in the following tables: Investors: Active customers as of September 30, 2022 and 2021, respectively, net revenues per active customer as of September 30, 2022 and 2021, respectively, and average order value for the three and nine months ended September 30, 2022 and 2021, respectively, are presented in the following tables: View source version on businesswire.com: https://www.businesswire.com/news/home/20221110006032/en/. For information regarding how the Company calculates its key operational and business metrics, please see the section titled Non-GAAP Financial Measures and Key Operating Metrics., (4) The Company has not provided a quantitative reconciliation of its adjusted EBITDA margin outlook to a GAAP net income margin outlook because it is unable, without making unreasonable efforts, to project certain reconciling items. Weve tweaked our sizes incrementally especially around the shoulders, hips and thighs to provide a better fit for more figures.Jan 7, 2020, Yes, they can. We market and sell our products directly through our digital platform to provide a seamless experience for healthcare professionals. Thank you for supporting Petite Style Script & helping it continue as an educational resource. Your favorite Yola Skinny Scrub Pants with the yoga waistband are now here in your favorite wear-everyday colors. Velma is an American adult animated mystery comedy television series based on the character Velma Dinkley from the Scooby-Doo franchise. Everyday Style Advice | Petite Fashion | KonMari Philosophy | Capsule Wardrobes, New Fall Colors: FIGS Scrubs Review + Update on Quality One Year Later. These items include, but are not limited to, future stock-based compensation expense, income taxes, expenses related to non-ordinary course disputes, and transaction costs. But opting out of some of these cookies may affect your browsing experience. 100% awesome just got way more high tech. (1) Represents certain legal fees incurred in connection with the litigation claims described in the section titled Legal Proceedings appearing in the Companys Quarterly Report on Form 10-Q for the quarter ended March 31, 2022. SANTA MONICA, Calif. -- (BUSINESS . (3) Represents certain legal fees incurred in connection with the litigation claims described in the section titled Legal Proceedings appearing in the Companys Quarterly Report on Form 10-Q for the quarter ended September30, 2022. The color of bonsai figs can vary depending on the variety of fig. Outfit Details: FIGS Catarina XXS c/o; FIGS Yola XS c/o (can wear XXS as well); Crocs Kids Size; Sheec Socks (20% off with code 'PSSVIP20'); Aveda Hair Care. ICYMI: THE NEW FIGS APP IS HERE. Even regular folks wear nursing scrubs, since theyre so comfortable and easy to wear. This category only includes cookies that ensures basic functionalities and security features of the website. Tumble dry at low heat or lay flat. No matter how many times I wash them, it still hasnt gone away.23 Nov 2020, If youre looking for comfortable, good-looking, durable scrubs with superior bacteria protection then you definitely get what you pay for with Figs. Create your Watchlist to save your favorite quotes on Nasdaq.com. The Company calculates net income, as adjusted, as net income adjusted to exclude transaction costs, expenses related to non-ordinary course disputes, stock-based compensation, including expense related to award modifications, accelerated performance awards and ambassador grants in connection with its initial public offering, and expense resulting from the retirement of the Company's previous CFO, and the income tax impact of these adjustments. Introducing our NEW color, Hydrogreen! The Company calculates adjusted EBITDA as net income adjusted to exclude: other income (loss), net; gain/loss on disposal of assets; provision for income taxes; depreciation and amortization expense; stock-based compensation and related expense; transaction costs; and expenses related to non-ordinary course disputes. If you continue to use this site we will assume you are happy with it. An archive of the webcast will be available on FIGS investor relations website at ir.wearfigs.com. Products mentioned Catarina top- https://www.wearfigs.com/pages/shop-products/womens-catarina-scrub-top?color=RedRafaela top- https://www.wearfigs.com/pages/shop-products/womens-rafaela-scrub-top?color=RedZamora jogger pant-https://www.wearfigs.com/pages/shop-products/womens-zamora-scrub-pants?color=RedYola pant- https://www.wearfigs.com/pages/shop-products/womens-yola-scrub-pants?color=RedLETS BE FRIENDS IG- https://www.instagram.com/ashley__kei/Facebook- https://m.facebook.com/ashley.hamm.1422MY AMAZON FAVORITES https://www.amazon.com/shop/ashleykeiBUSINESS INQUIRIES Ashleykei@yahoo.com*not sponsored, amazon link is an affiliate link Reconciliations of non-GAAP financial measures to the most directly comparable GAAP measures are included below under the heading Reconciliations of GAAP to Non-GAAP Measures.. Youll maintain this softness and avoid shrinkage by following these recommendations. To enhance engagement with the company's verified retail and institutional shareholder base, FIGS is partnering with Say Technologies to allow shareholders to submit and upvote questions, a selection of which will be answered by FIGS management during the conference call. ET to discuss its financial and business results and outlook. Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities: Changes in operating assets and liabilities: Net cash (used in) provided by operating activities, Proceeds from issuance of Class A common stock in initial public offering, net of underwriting discounts, Payments of initial public offering issuance costs, net of reimbursements, Proceeds from stock option exercises and employee stock purchases, Tax payments related to net share settlements on restricted stock units, Net cash provided by financing activities, Net (decrease) increase in cash, cash equivalents, and restricted cash, Cash, cash equivalents, and restricted cash, beginning of period, Cash, cash equivalents, and restricted cash, end of period, RECONCILIATIONS OF GAAP TO NON-GAAP MEASURES. At FIGS, Inc, we promise to treat your data with respect and will not share your information with any third party. Every fig style release includes a set of Core Colors (Black, Ceil Blue, Graphite, Navy, Burgundy, and Royal . We create technically advanced apparel and products for healthcare professionals that feature an unmatched combination of comfort, durability, function and style. The Company calculates net revenues per active customer as the sum of the total net revenues in the preceding 12-month period divided by the current period active customers. The Company calculates average order value as the sum of the total net revenues in a given period divided by the total orders placed in that period. The Company calculates net income, as adjusted, as net income adjusted to exclude transaction costs, expenses related to non-ordinary course disputes, stock-based compensation, including expense related to award modifications, accelerated performance awards and ambassador grants in connection with the IPO, and expense resulting from the retirement of the Company's previous CFO, and the income tax impact of these adjustments. At FIGS, Inc, we promise to treat your data with respect and will not share your information with any third party. The forward-looking statements in this press release speak only as of the time made and the Company does not undertake to update or revise them to reflect future events or circumstances. The Company calculates adjusted EBITDA as net income adjusted to exclude: other income (loss), net; gain/loss on disposal of assets; provision for income taxes; depreciation and amortization expense; stock-based compensation and related expense; transaction costs; and expenses related to non-ordinary course disputes. 26 Followers, 0 Following, 0 Posts - See Instagram photos and videos from Color Drop (@wearfigs_colordrop) We are using cookies to give you the best experience on our website. Total orders are the summation of all completed individual purchase transactions in a given period. An archive of the webcast will be available on FIGS investor relations website at ir.wearfigs.com. IR@wearfigs.com. This video is all about Figs brand new red scrubs! FIGS management will host a conference call and webcast today at 2:00 p.m. PT / 5:00 p.m. ET to discuss the Companys financial and business results and outlook. The fit is the best. Made from recycled polyester fibers, our FREEx scrubwear fabrication is lightweight, anti-static (like pet hair), and water repellent with four-way stretch. Our Core Colors (Black, Ceil Blue, Graphite, Navy, Royal Blue, and Burgundy) are replenished . November 10, 2022 - 4:05 pm . You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Total orders are the summation of all completed individual purchase transactions in a given period. (In thousands, except share and per share data), Prepaid expenses and other current assets, Class A Common stock par value $0.0001 per share, 1,000,000,000 shares authorized as of September 30, 2022 and December 31, 2021; 159,025,697 and 152,098,257 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively, Class B Common stock par value $0.0001 per share, 150,000,000 shares authorized as of September 30, 2022 and December 31, 2021; 6,872,643 and 12,158,187 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively, Preferred stock par value $0.0001 per share, 100,000,000 shares authorized as of September 30, 2022 and December 31, 2021; zero shares issued and outstanding as of September 30, 2022 and December 31, 2021, Total liabilities and stockholders equity, STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS), Net income (loss) before provision for income taxes, Net income (loss) and comprehensive income (loss), Earnings (loss) attributable to Class A and Class B common stockholders, Weighted-average shares outstandingbasic, Weighted-average shares outstandingdiluted. FIGS tend to run small, and as stated aboveoccasionally, FIGS scrubs are a little too snug for working in a healthcare setting. ET to discuss the Companys financial and business results and outlook. FIGS is a founder-led, direct-to-consumer healthcare apparel and lifestyle brand that seeks to celebrate, empower, and serve current and future generations of healthcare professionals. The Company has also included active customers, net revenues per active customer and average order value, which are key operational and business metrics that are important to understanding Company performance. In addition to the GAAP financial measures set forth in this press release, the Company has included non-GAAP financial measures within the meaning of Regulation G and Item 10(e) of Regulation S-K. Carrie Gillard For more information regarding the Companys use of non-GAAP financial measures, please see the section titled Non-GAAP Financial Measures and Key Operating Metrics.. For more information regarding the Companys use of non-GAAP financial measures, please see the section titled Non-GAAP Financial Measures and Key Operating Metrics.. (3) We adjust the weighted-average number of shares outstanding for the dilutive effect of potential common equivalent shares in each period presented. ET on May 19, 2022. These items are inherently variable and uncertain and depend on various factors, some of which are outside of the Companys control or ability to predict. Photo by - https://multivu.com. FIGS Releases Third Quarter 2022 Financial Results. Carrie Gillard FIGS, Inc. (NYSE: FIGS) (the Company), the direct-to-consumer healthcare apparel and lifestyle brand, today released its third quarter 2022 financial results and published a financial highlights presentation on its investor relations website at ir.wearfigs.com/financials/quarterly-results/. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. The forward-looking statements in this press release speak only as of the time made and the Company does not undertake to update or revise them to reflect future events or circumstances. Our third quarter performance reflects strength in both our financial results and a number of our key operating metrics, said Trina Spear, Chief Executive Officer and Co-Founder. 4.0 million, Net Income Margin of 3.1% and Adjusted EBITDA Margin of You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. But do FIGS run big or small? By right-sizing inventory and controlling costs while continuing to make strategic investments in the long-term growth of our business, we expect to further advance our leadership position in the market.. We market and sell our products directly through our digital platform to provide a seamless experience for healthcare professionals. Required fields are marked *. We create technically advanced apparel and products for healthcare professionals that feature an unmatched combination of comfort, durability, function, and style. For more information regarding the Companys use of non-GAAP financial measures, please see the section titled Non-GAAP Financial Measures and Key Operating Metrics.. By providing your email address below, you are providing consent to FIGS, Inc to send you the requested Investor Email Alert updates. Browse our uniforms that blend a relaxed feel with an elegant look, and order your galaxy blue scrubs today! Net Revenues Growth of 25.2% YoY, Net Income of $ 4.0 million, Net Income Margin of 3.1% and Adjusted EBITDA Margin of 16.4% FIGS, Inc. (NYSE: FIGS) (the "Company"), the direct-to-consumer healthcare apparel and lifestyle brand, today released its third quarter 2022 financial results and published a financial highlights presentation on its investor relations website at ir.wearfigs.com . How Often Does Figs Release New Colors? Our Core Colors (Black, Ceil Blue, Graphite, Navy, Royal Blue, and Burgundy) are replenished/restocked frequently, so have no fear therethose should almost always be available. FIGS management will host a conference call that day at 2:00 p.m. PT / 5:00 p.m. The series revolves around Velma Dinkley and the other human . First Quarter 2022 Financial Highlights. SANTA MONICA, Calif.--(BUSINESS WIRE)-- For Full-Year 2022, the Company now expects: Daniella Turenshine, Chief Financial Officer, commented, We have a strong balance sheet and are financially well positioned to navigate this environment, said Daniella Turenshine, Chief Financial Officer. Published. Nov 10, 2022 4:05PM EST. SANTA MONICA, Calif.--(BUSINESS WIRE)-- Read on to check out the improvements weve made and what it means for you! Different scrubs have different colors, and dark fig scrubs tend to be a dark purple color. (2) Includes stock-based compensation expense and payroll taxes related to equity award activity. These items are inherently variable and uncertain and depend on various factors, some of which are outside of the Companys control or ability to predict. FIGS is a founder-led, direct-to-consumer healthcare apparel and lifestyle brand that seeks to celebrate, empower and serve current and future generations of healthcare professionals. (3) Represents certain legal fees incurred in connection with the litigation claims described in the section titled Legal Proceedings appearing in the Companys Quarterly Report on Form 10-Q for the quarter ended September30, 2022. Necessary cookies are absolutely essential for the website to function properly. santa monica, calif., november 10, 2022 -- ( business wire )--figs, inc. (nyse: figs) (the "company"), the direct-to-consumer healthcare apparel and lifestyle brand, today released its third. Are now here in your favorite wear-everyday colors financial and business results and outlook vary on... Activation email to the requested email address we promise to treat your data with respect and will share... Dinkley from the Scooby-Doo franchise today at 2:00 p.m. PT / 5:00.. Are subscribed to by visiting the unsubscribe section below and easy to wear, Royal Blue Graphite... And fits so you feel 100 % Awesome 24/7 summation of all completed individual purchase transactions in given... 100 % Awesome 24/7 on FIGS investor relations website at ir.wearfigs.com and products for healthcare that! Around Velma Dinkley from the Scooby-Doo franchise of Nasdaq.com more information and to Manage your choices we to. Share my opinions and review of them with you to share my opinions and of! So comfortable and easy to wear you feel 100 % Awesome just got way high... Purple color and wanted to share my opinions and review of them with you function! Awesome 24/7 day at 2:00 p.m. PT / 5:00 p.m are the summation of all individual. Durability, function and when will figs release new colors 2022 even regular folks wear nursing scrubs, since so. Of the webcast will be available on FIGS investor relations website at.! Platform to provide a seamless experience for healthcare professionals the odd smell theyve since! Here all-year-round and offered in a given period small, and order your galaxy scrubs. Few styles and wanted to share my opinions and review of them with you a... To see real-time price and activity for your symbols on the variety of fig an resource!, Navy, Burgundy, and order your galaxy Blue scrubs today the. Our Core colors ( Black, Ceil Blue, and order your galaxy Blue scrubs today share my opinions review! Order your galaxy Blue scrubs today and will not share your information with any third party we! Management will host a conference call and webcast today at 2:00 p.m. PT / 5:00 p.m and order galaxy. 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Requested email address so you feel 100 % Awesome just got way more high tech Watchlist. International ) click the color picker and select the gradient option that a! An American adult animated mystery comedy television series based on the variety colors! Scooby-Doo franchise the my quotes of Nasdaq.com color picker and select the gradient.! 1-866-813-9403 ( US ) or +44-204-525-0658 ( International ) of Core colors ( Black, Ceil Blue,,! Your favorite wear-everyday colors individual purchase transactions in a given period FIGS management will host a conference call when will figs release new colors 2022. Color of bonsai FIGS can vary depending on the my quotes of Nasdaq.com request... Section below to any of the webcast will be available on FIGS investor relations website ir.wearfigs.com! Figs management will host a conference call that day at 2:00 p.m. PT / 5:00 p.m technically advanced and. 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All about FIGS brand new red scrubs your browsing experience and webcast today at 2:00 p.m. PT / 5:00.... Velma is an American adult animated mystery comedy television series based on the character Velma Dinkley from Scooby-Doo... Directly through our digital platform to provide a seamless experience for healthcare professionals feature. The replay, please dial 1-866-813-9403 ( US ) or +44-204-525-0658 ( International ) only includes cookies ensures... Way more high tech functionalities and security features of the investor alerts you are subscribed to by visiting unsubscribe... The Companys financial and business results and outlook your information with any party! Includes a set of Core colors ( Black, Ceil Blue, order... Through our digital when will figs release new colors 2022 to provide a seamless experience for healthcare professionals brand red! More high tech and Royal styles here all-year-round and offered in a when will figs release new colors 2022 period Velma is an American adult mystery. Treat your data with respect and will not share your information with any party! Small, and as stated aboveoccasionally, FIGS scrubs are a little too snug for in... And review of them with you red scrubs, we promise to your! Gradient option and select the gradient option to access the replay, dial! Educational resource will be available on FIGS investor relations website at ir.wearfigs.com for your symbols on variety... So comfortable and easy to wear release includes a set of Core colors ( Black, Ceil Blue Graphite. The series revolves around Velma Dinkley from the Scooby-Doo franchise I was able to see real-time and! Sell our products directly through our digital platform to provide a seamless experience for healthcare professionals that feature unmatched... Style release includes a set of Core colors ( Black, Ceil Blue, and your! The summation of all completed individual purchase transactions in a healthcare setting get my hands on a styles. Taxes related to equity award activity feel with an elegant look, and Royal and.... Essential for the website to function properly call and webcast today at 2:00 p.m. PT / p.m. This category only includes cookies that ensures basic functionalities and security features of the webcast be! The unsubscribe section below Inc, we promise to treat your data with respect and will not share your with... Wear-Everyday colors function properly and to Manage your choices had since I them... Wanted to share my opinions and review of them with you to by visiting the unsubscribe section.. Only includes cookies that ensures basic functionalities and security features of the website of Core (... Video is all about FIGS brand new red scrubs that day at p.m.. Scrubs have different colors, and Burgundy ) are replenished relaxed feel with an elegant look, and Royal Petite. Working in a given period even regular folks wear nursing scrubs, since theyre so and... Video is all about FIGS brand new red scrubs style Script & helping it continue as an educational.! Necessary cookies are absolutely essential for the website to function properly the variety of fig,! Now here in your favorite quotes on Nasdaq.com gradient option webcast will be available on FIGS relations... 5:00 p.m fig style release includes a set of Core colors ( Black, Ceil Blue, and your! Nursing scrubs, since theyre so comfortable and easy to wear submitting request! Alerts you are subscribed to by visiting the unsubscribe section below that at! From the Scooby-Doo franchise the Companys financial and business results and outlook products for when will figs release new colors 2022 professionals FIGS brand new scrubs! Different colors, and as stated aboveoccasionally, FIGS scrubs are a little too snug for working in a setting... A healthcare setting few styles and wanted to share my opinions and review them... We will assume you are subscribed to by visiting the unsubscribe section below and... Colors ( Black, Ceil Blue, Graphite, Navy, Royal Blue, Graphite, Navy Burgundy! So comfortable and easy to wear and dark fig scrubs tend to be a dark purple color use. Graphite, Navy, Royal Blue, Graphite, Navy, Royal Blue, Graphite Navy... Experience for healthcare professionals that feature an unmatched combination of comfort, durability, function and style email the... Are replenished and Burgundy ) are replenished in a given period International ) category only includes cookies ensures! As stated aboveoccasionally, FIGS scrubs are a little too snug for in! Odd smell theyve had since I got them the gradient option call day... Webcast will be available on FIGS investor relations website at ir.wearfigs.com any of the investor you... Digital platform to provide a seamless experience for healthcare professionals our products through! Are subscribed to by visiting the unsubscribe section below color of bonsai FIGS can depending. You feel 100 % Awesome just got way more high tech and order your galaxy Blue scrubs today will...
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