STOCK TITAN

Revolve Group, Inc. - $RVLV STOCK NEWS

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.

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 Revolve Group'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 Revolve Group's position in the market.

Rhea-AI Summary
Revolve Group, Inc. announced its financial results for Q3 2023, with net sales of $257.6 million, a decrease of 4% YoY. The company achieved a key objective of rebalancing its inventory, leading to strong cash flows. Active customers increased by 12% YoY to 2.5 million. Net income decreased by 73% YoY to $3.2 million. Adjusted EBITDA was $9.5 million, a decrease of 46% YoY.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.11%
Tags
-
Rhea-AI Summary
Revolve Group to release Q3 2023 financial results and host conference call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.59%
Tags
-
Rhea-AI Summary
Revolve Group, Inc. to present at Piper Sandler Growth Frontiers Conference on September 12, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.3%
Tags
conferences
Rhea-AI Summary
Revolve Group, Inc. announces a stock repurchase program of up to $100 million of its Class A common stock. The program is aimed at enhancing stockholder value while continuing to invest in growth opportunities. Repurchases will be funded from existing cash and equivalents or future cash flow. As of June 30, 2023, Revolve had $269 million in cash and equivalents and no debt.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.06%
Tags
buyback
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.06%
Tags
-
Rhea-AI Summary
Revolve Group, Inc. (NYSE: RVLV) to Release Q2 2023 Financial Results on August 2, 2023. Investors can access the financial highlights presentation at http://investors.revolve.com. Conference call and webcast details are provided for domestic and international callers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.6%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.43%
Tags
partnership
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.4%
Tags
conferences
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.95%
Tags
none
Rhea-AI Summary
Revolve Group, Inc. announces financial results for Q1 2023, with a decrease in net sales and gross profit compared to the previous year. The company experienced a challenging macroeconomic environment but achieved progress in rebalancing inventory and generating cash flow. Active customers increased by 19% year-over-year. The company remains debt-free with strong cash flow and a balance sheet increase.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.5%
Tags
Revolve Group, Inc.

NYSE:RVLV

RVLV Rankings

RVLV Stock Data

1.39B
37.97M
0.63%
128.58%
11.7%
Electronic Shopping and Mail-Order Houses
Retail Trade
Link
United States of America
CERRITOS

About RVLV

revolve is the virtual home for an unrivaled collection of over 500 of the world's most-coveted established and emerging brands in women's and men's designer apparel, shoes and accessories. revolve provides the highest quality online and mobile shopping experience, serving the style-savvy consumer with impeccable customer service. based in los angeles, revolve’s aesthetic is deeply rooted in the southern california lifestyle from which it was founded, where a savvy view of fashion and fun-loving attitude are infused into the entire revolve customer experience. for more information please visit www.revolveclothing.com