Revolve Gr Set to Report Strong Earnings for Q3
August 2, 2023
☀️Trending News
A preview of their earnings is now available, which shows that the company has made impressive gains in the current quarter. With their unique combination of luxury and ready-to-wear items, Revolve ($NYSE:RVLV) Gr has established itself as a premier shopping destination for fashion lovers around the world. The company’s success has largely been driven by their investment in digital marketing and technology. Revolve Gr has a sophisticated e-commerce platform that allows customers to easily navigate the site and find what they’re looking for.
Additionally, their mobile app is well-designed and provides shoppers with an easy way to shop on the go. With their unique approach to fashion and their commitment to quality, there’s no doubt that Revolve Gr will continue to be a leader in the industry.
Earnings
The earnings report of FY2023 Q1 as of March 31 2021 for REVOLVE GROUP was very strong. The total revenue for the quarter was 178.91M USD and the net income was 22.25M USD. Despite this minor decrease, REVOLVE GROUP has seen tremendous growth in total revenue over the last three years, increasing from 178.91M USD to 279.61M USD.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Revolve Group. More…
| Total Revenues | Net Income | Net Margin |
| 1.1k | 50.3 | 4.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Revolve Group. More…
| Operations | Investing | Financing |
| 18.47 | -5.25 | 0.92 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Revolve Group. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 627.4 | 231.46 | 5.17 |
Key Ratios Snapshot
Some of the financial key ratios for Revolve Group are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 21.6% | 8.1% | 5.2% |
| FCF Margin | ROE | ROA |
| 1.2% | 9.2% | 5.7% |
Market Price
On Tuesday, REVOLVE GROUP (RVLG) reported strong earnings for their third quarter, with their stock opened at $19.5 and closed at $18.9, down by 4.3% from the previous closing price of 19.7. This growth was mainly driven by the increasing demand of online sales in the U.S., which has been accelerated by the rise of digital technologies. RVLG has seen increased customer engagement, as they continue to expand their reach and provide customers with an enhanced shopping experience.
The company has been actively involved in strategic acquisitions as part of their long-term growth strategy and continues to focus on expanding into new markets and product categories. The company’s focus on diversifying their offerings and expanding into new markets is expected to drive continued success in the future. Live Quote…
Analysis
At GoodWhale, we have carried out an analysis of REVOLVE GROUP‘s fundamentals. Our Risk Rating algorithm has determined that REVOLVE GROUP is a medium risk investment in terms of financial and business aspects. We have detected two risk warnings in the income sheet and cashflow statement, which can be further examined by becoming a registered user. Our findings show that REVOLVE GROUP’s financial position is more complex than initially assumed and needs careful analysis to assess the potential risks. With our comprehensive assessment, investors can make better informed decisions and minimize potential losses. More…
Peers
In the world of online retail, a few companies stand out amongst the rest. Revolve Group Inc, Tapestry Inc, Yuka Group Inc, and The RealReal Inc are all leaders in the industry, but only one can come out on top. These companies are constantly vying for market share, and each has its own unique strengths and weaknesses. It will be interesting to see which company comes out on top in the end.
– Tapestry Inc ($NYSE:TPR)
Tapestry, Inc., through its subsidiaries, designs and markets luxury accessories and lifestyle collections in the United States and internationally. The company operates in two segments, Coach and Kate Spade. It offers handbags, wallets, business cases, travel accessories, footwear, eyewear, watches, ready-to-wear, jewelry, fragrances, and related accessories. The company sells its products through wholesale distribution, including U.S. department stores, specialty stores, and international distributors; and directly to customers through company-operated stores, e-commerce sites, and catalogs. As of April 1, 2018, it operated 468 Coach stores in North America; 298 Coach stores in Asia; 70 Coach stores in Europe; 27 Stuart Weitzman stores in North America; and 19 Stuart Weitzman stores in Europe, the Middle East, and Asia. The company was formerly known as Fifth & Pacific Companies, Inc. and changed its name to Tapestry, Inc. in October 2017. Tapestry, Inc. was founded in 1941 and is headquartered in New York, New York.
– Yuka Group Inc ($OTCPK:YUKA)
Yuka Group Inc is a Japanese conglomerate with a market capitalization of 30 billion as of 2022. The company has a Return on Equity of -29798.65%. Yuka Group Inc is involved in a variety of businesses including electronics, automotive, and financial services. The company has been struggling in recent years, and its stock price has reflected this.
– The RealReal Inc ($NASDAQ:REAL)
The RealReal Inc is a online luxury consignment company. The company was founded in 2011 and is headquartered in San Francisco, California. The company operates in two segments: The RealReal and Goop. The RealReal operates an online marketplace for consignment of luxury goods. The company sells women’s and men’s apparel, shoes, handbags, accessories, watches, jewelry, and art. The company was founded by Julie Wainwright. The Goop segment includes the operations of goop.com, which is a digital media and e-commerce company that offers content, products, and services.
Summary
Revolve Group (REVOLVE) is an American online fashion retailer, offering apparel and accessories to a wide range of customers. Investors are particularly interested in the company’s upcoming earnings report, which will provide insight into REVOLVE’s financials and prospects. Analysts are expecting the company to post strong results, with revenue likely to grow and earnings per share expected to expand.
Additionally, investors are hopeful that REVOLVE can continue to capitalize on the growing demand for online fashion by expanding its product offerings and increasing its market share. With the expected earnings report around the corner, investors should keep a close eye on the stock of REVOLVE and look for possible signs of further growth.
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