Welcome to our dedicated page for Therealreal news (Ticker: REAL), a resource for investors and traders seeking the latest updates and insights on Therealreal stock.
The RealReal, Inc. (REAL) is described as the world’s largest online marketplace for authenticated, resale luxury goods, and its news flow reflects both its marketplace activity and its position in the luxury resale category. Company announcements frequently highlight developments in authentication, technology, operations and financial performance, offering insight into how the business evolves over time.
Investors and followers of REAL can expect news related to quarterly earnings results, including updates on gross merchandise value, revenue composition across consignment, direct and shipping services, and commentary on profitability metrics such as Adjusted EBITDA. The company also issues guidance ranges and discusses non-GAAP measures, which are typically detailed in its earnings releases and corresponding Form 8-K filings.
Beyond financial reporting, The RealReal publishes updates on strategic and operational initiatives. Recent news has covered the deployment of Motorola Solutions’ AI-enabled video security technology to streamline inventory intake and strengthen asset protection, illustrating how the company applies AI and automation to its back-of-house operations. Other releases describe capital structure actions, such as convertible note exchanges and the extinguishment of certain debt, as well as participation in investor conferences and board-level changes.
The RealReal also releases its Resale Report, drawing on proprietary data and authentication expertise to analyze luxury resale trends, member behavior and the broader role of resale in the consumer journey. For readers interested in REAL stock and the luxury resale sector, this news page provides a centralized view of financial updates, technology partnerships, capital markets activity and marketplace insights. Bookmarking this page offers an ongoing reference for company-specific developments and official communications.
The RealReal (Nasdaq: REAL) announced an upcoming Investor Day on March 22, 2022, at its authentication center in Phoenix. This event will feature presentations from the executive team, a Q&A session, and a tour of the facility, helping attendees understand the rigorous authentication process. Due to space limitations, registration is required for in-person attendance. A live webcast of the presentations will be available on the Investor Relations webpage. The RealReal is a leader in the resale luxury market, boasting over 24 million members and a robust authentication process.
The RealReal (Nasdaq: REAL) released its 2022 Luxury Consignment Report, showcasing a significant shift in consumer behavior towards sustainability and away from fast fashion. The report indicates that 40% of customers are replacing fast fashion with resale, while 43% prioritize sustainability. Highlights include Gucci being the top brand among first-time consignors, a 23% rise in Tiffany's average sale price, and a 32% YoY increase in resale value for high-value Nike sneakers. The data reflects trends from over 24 million members and 22 million sold items.
The RealReal (Nasdaq: REAL) reported a strong business update for December 2021, with gross merchandise value (GMV) reaching approximately $153 million, reflecting a 40% increase compared to December 2020 and 49% compared to December 2019. The average order value (AOV) also rose to around $518, up 10% year-over-year. Fastest growing categories included watches, women’s shoes, and women’s apparel. The company plans to revert to quarterly updates in 2022, discontinuing monthly disclosures regarding GMV and AOV.
The RealReal (Nasdaq: REAL) announced a proposed settlement for a derivative action in the United States District Court for the District of Delaware. The settlement aims to resolve claims against certain directors and officers, focusing on corporate governance reforms. The agreement includes a $500,000 payment to Plaintiffs' Counsel for fees and expenses. A court hearing is scheduled for February 10, 2022, to consider the fairness of the settlement. Current shareholders as of November 5, 2021, need not take action unless they wish to object.
The RealReal (Nasdaq: REAL) reported a strong business update for November 2021, revealing a gross merchandise value (GMV) of approximately $146 million, a 51% increase year-over-year. Notably, Black Friday 2021 marked their largest single day of GMV ever. The average order value (AOV) rose to around $514, reflecting a 17% increase from 2020. The company's transparency in sharing monthly GMV and AOV aims to better convey the impacts of the COVID-19 pandemic on its business performance. The RealReal will continue this disclosure trend through 2021.
The RealReal (Nasdaq: REAL) launched ReCollection 02, its upcycling program from the new Circular ReSource Lab, aimed at tackling fashion waste. This collection features over 60 unique pieces of women’s clothing and accessories, created from damaged luxury items sourced from brands like Prada and Gucci. The initiative supports the goal of reducing landfill waste, aligning with climate targets set by the Paris Climate Accord. Prices range from $200 to $680, and items are exclusively available online and at their New York store.
The RealReal, the largest online marketplace for authenticated luxury goods, is collaborating with Saks Fifth Avenue to launch a unique pop-up shop at Saks Brickell, Miami, starting November 26. This marks a milestone as the first luxury retailer to host a consignment and resale shop within its premises. Offering expert consultations, the pop-up will feature rare watches and unique jewelry. First-time consignors will receive a $100 Saks gift card, promoting sustainable shopping and engaging customers in the circular economy. The event will run until February 28, 2022.
The RealReal (Nasdaq: REAL) reported strong financial results for Q3 2021, with Gross Merchandise Value (GMV) increasing 50% year-over-year to $368 million and Total Revenue rising 53% to $119 million. The company achieved a gross profit per order of $94, up by $4 from the previous year. Despite experiencing elevated shipping costs and staffing issues, The RealReal remains optimistic about future performance, citing a robust operational footing and ongoing investments in automation. Cash and equivalents stood at $445 million as of September 30, 2021.
The RealReal (Nasdaq: REAL) reported a significant October 2021, achieving a gross merchandise value (GMV) of approximately $137 million, which is a 45% increase compared to October 2020 and a 38% rise from October 2019. The average order value (AOV) also grew to around $491, marking a 13% and 7% increase over the same periods. The company aims to enhance transparency on its performance amid the COVID-19 pandemic by disclosing monthly GMV and AOV data through the end of 2021.
The RealReal (Nasdaq: REAL), a leading online marketplace for authenticated resale luxury goods, will announce its third-quarter financial results for the period ending September 30, 2021, on November 8, 2021, after market close. A conference call will be held at 2:00 PM PT (5:00 PM ET) to discuss these results, accessible via phone or live webcast. The RealReal serves over 23 million members and emphasizes sustainability through a rigorous authentication process, providing a reliable platform for buying and selling luxury items.
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