Welcome to our dedicated page for Revolve Group news (Ticker: RVLV), a resource for investors and traders seeking the latest updates and insights on Revolve Group stock.
Revolve Group, Inc. (NYSE: RVLV) is frequently in the news as a next-generation fashion retailer focused on Millennial and Generation Z consumers. Company announcements highlight its role as a premium lifestyle brand and online destination for discovery and inspiration in apparel, footwear, accessories, beauty, and, in some descriptions, home products.
News coverage for RVLV often centers on business updates across its two segments, REVOLVE and FWRD. Earnings releases provide detail on net sales, gross profit, gross margin, active customers, and other operating metrics, as well as commentary on initiatives such as international expansion, development of owned brands, AI technology, and physical retail concepts.
Revolve’s news flow also includes product and brand stories. Examples from recent releases include the launch of SRG, an in-house brand created with Sofia Richie Grainge, and the expansion of the company’s in-house brand portfolio. FWRD-related news has covered its positioning in the luxury space, including leadership appointments and partnerships with iconic and emerging luxury designers.
Operational and strategic developments are another theme in RVLV news. The company has announced collaborations around AI-powered styling and visualization tools designed to enhance product discovery and personalization on its e-commerce site. It has also reported on physical retail initiatives, such as the opening of a permanent store at The Grove in Los Angeles that showcases assortments from both REVOLVE and FWRD.
Investors and followers of Revolve Group can use the news feed to track quarterly financial results, segment performance, brand launches, technology partnerships, and updates on the company’s evolving retail footprint.
Revolve Group, Inc. (NYSE: RVLV) will join the Russell 3000 Index effective June 28, 2021, as confirmed in a preliminary list. This inclusion enhances the firm's market visibility and is beneficial for attracting institutional investors. The CFO highlighted that Revolve experienced record profitability and cash flows in 2020 and has returned to strong growth in Q1 2021 as economies reopen. Russell indexes serve as critical benchmarks for approximately $10.6 trillion in assets, providing increased exposure for the company within the investment community.
Revolve Group (NYSE: RVLV), a leading fashion retailer for Millennials and Gen Z, is set to present at three upcoming virtual investor conferences. These include:
- Cowen 2nd Annual New Retail Ecosystem CEO Summit on May 26, 2021, at 3:10 p.m. ET
- William Blair 41st Annual Growth Stock Conference on June 1, 2021, at 3:40 p.m. ET
- Piper Sandler 41st Annual Consumer Marketplace Conference on June 3, 2021, at 2:10 p.m. ET
Live webcasts will be accessible on Revolve's investor relations website and will be available for replay after the events.
Revolve Group (NYSE: RVLV) reported strong financial results for Q1 2021, achieving record net sales of $178.9 million, a 22.5% increase year-over-year. Net income soared to $22.3 million, marking a 435% rise from the previous year. The company's gross margin improved to 54.0%, up 540 basis points year-over-year, driven by effective inventory management and increased sales of social outing-related styles. Cash flow from operating activities reached $33.2 million, a significant 311% increase, and the balance sheet remains strong with $182.9 million in cash and no debt.
Revolve Group, Inc. (NYSE: RVLV) will announce its financial results for the first quarter ending March 31, 2021, after the market close on May 6, 2021. A conference call will follow at 1:30 PM PT / 4:30 PM ET the same day. The company will also release a Q1 financial highlights presentation on its investor website. Investors can access the call via toll-free numbers or the provided webcast link. Revolve Group, a leading fashion retailer for Millennials and Gen Z, offers a curated selection of apparel and accessories through its REVOLVE and FORWARD segments.
REVOLVE Group, Inc. (NYSE: RVLV) has launched a global initiative called REVOLVE for the World, aimed at promoting sustainability and raising awareness about global issues. In partnership with organizations like One Tree Planted, the initiative will plant a tree for every photo posted with the hashtag #revolvefortheworld. Also introduced is the Tularosa Green brand, emphasizing eco-friendly production methods using 100% organic cotton and recycled materials. REVOLVE's sustainability efforts extend to a dedicated sustainable shop featuring over 800 styles.
Revolve Group (RVLV) reported its Q4 and full year 2020 financial results, noting a 5% decline in net sales to $140.8 million for Q4 and a 3% decrease for the year totaling $580.6 million. Despite this, the company achieved a 126% increase in net income for Q4, reaching $19 million, and 59% growth year-over-year to $56.8 million for the full year. Adjusted EBITDA grew 37% in Q4, totaling $18.7 million. The company's cash position doubled to $146 million, aiding in a rebound from COVID-19 challenges. International sales surged 24% in Q4, offsetting domestic declines.
Revolve Group, Inc. (NYSE: RVLV) will present at three virtual investor conferences in March 2021. The schedule includes the Raymond James Institutional Investors Conference on March 3, the BofA Securities Consumer and Retail Technology Conference on March 10, and the Roth Investor Conference on March 16. Webcasts of these presentations will be available on their investor relations website, with replays accessible afterwards. As a leading fashion retailer, Revolve focuses on Millennial and Generation Z consumers through curated offerings in apparel, footwear, and accessories.
Revolve Group, Inc. (RVLV) will announce its fourth quarter and full-year financial results for 2020 on February 24, 2021, after market close. The conference call will take place at 1:30 PM PT / 4:30 PM ET. An accessible financial highlights presentation will be available shortly after the results on the company’s investor relations website. This call marks an important opportunity for investors to evaluate the company's financial performance and outlook for the upcoming year.
Revolve Group, Inc. (NYSE: RVLV) announced its participation in two virtual investor conferences this December. The company will present at the Morgan Stanley Global Consumer and Retail Conference on December 1, 2020, at 4:00 p.m. ET, and at the Barclays Global Technology, Media and Telecommunications Conference on December 9, 2020, at 1:30 p.m. ET. Live webcasts of these presentations will be accessible on their investor relations website, with replays available for a limited time afterwards. Revolve is a leading fashion retailer catering to Millennial and Generation Z consumers.
Revolve Group, Inc. (RVLV) reported Q3 2020 financial results, with net income of $19 million, up 103% year-over-year. Despite a 2% decline in net sales to $151 million, gross profit increased by 1% to $83.5 million, achieving a gross margin of 55.3%, the highest for a third quarter. Adjusted EBITDA rose 66% to $24 million. Operating cash flow reached $14 million, reflecting strong operational efficiency. International sales grew 18% YoY, while beauty products saw over 100% sales growth. However, a decline in average order value by 16% and a projected sales dip in October raise concerns.