STOCK TITAN

The RealReal, Inc. - REAL STOCK NEWS

Welcome to our dedicated news page for The RealReal (Ticker: REAL), a resource for investors and traders seeking the latest updates and insights on The RealReal .

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect The RealReal 's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of The RealReal 's position in the market.

Rhea-AI Summary
The RealReal announces the resignation of CFO Robert Julian effective January 31, 2024 or until a new CFO is appointed. Julian will continue as an executive advisor until January 31, 2024 and provide limited consulting services from February 1, 2024 to June 30, 2024. The company will begin a search for a new CFO.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.8%
Tags
none
-
Rhea-AI Summary
Customers Make Investment Purchases Despite Economy; Stealth Wealth Trend Shakes Up Top Ten List
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.09%
Tags
none
-
Rhea-AI Summary
The RealReal reported Q2 2023 gross merchandise value (GMV) and total revenue decreased 7% and 15% respectively compared to Q2 2022. However, gross margin increased by 908 basis points. The company's strategic shift to focus on higher margin consignment business is showing results. They expect to return to profitable top-line growth next year and achieve Adjusted EBITDA profitability on a full year basis in 2024. Q3 2023 GMV is expected to be $385-415 million and full year 2023 GMV is expected to be $1.725-1.775 billion. Total revenue for Q3 2023 is expected to be $120-130 million and full year 2023 total revenue is expected to be $540-560 million. Adjusted EBITDA for Q3 2023 is expected to be $(18)-$(15) million and full year 2023 Adjusted EBITDA is expected to be $(72)-$(66) million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.21%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.52%
Tags
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.2%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.86%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.26%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.88%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.37%
Tags
none
The RealReal, Inc.

Nasdaq:REAL

REAL Rankings

REAL Stock Data

409.35M
89.13M
11.7%
61.72%
13.89%
Electronic Shopping
Retail Trade
Link
United States of America
SAN FRANCISCO

About REAL

the realreal is the world’s premier online luxury resale store. offering authenticated, pre-owned, designer fashion including chanel, hermès, manolo blahnik and cartier — all at up to 90 percent off retail prices —the realreal eliminates the uncertainty of purchasing luxury goods online. our team of luxury experts and skilled gemologists curates, evaluates and authenticates the best clothing, handbags, shoes and fine jewelry, creating the web’s best destination for women’s and men’s luxury resale. the realreal also offers fine art, including paintings, prints & editions, drawings, photographs, mixed media and tabletop sculpture from the modern, post-war and contemporary eras. our seasoned team of expert curators researches and authenticates every piece of fine art. a venture capital-funded company, the realreal was founded by e-commerce veteran julie wainwright. for further information, please email us at contact@therealreal.com. you can also download our app here: https://itunes