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 (NYSE: RVLV) is set to host the second installment of REVOLVE Gallery during Fashion Week in New York from September 9-11, with a preview on September 8. The event will showcase over 20 emerging designers and exclusive brands, including Aya Muse and Kim Shui, aimed at attracting Millennial and Gen Z consumers. Attendees can shop collections in person and online through a pop-up shop powered by Bolt, enhancing the shopping experience. The Gallery aims to replicate the success of its inaugural year, which drew over 3,000 visitors.
Revolve Group (RVLV) reported Q2 2022 financial results showcasing a 27% increase in net sales to $290.1 million, with gross profit climbing 28% to $162.2 million. However, net income fell 48% year-over-year to $16.3 million, influenced by rising operating costs and a higher effective tax rate. Active customers surged 39% to 2.2 million, with a notable 19% rise in average order value. Despite record sales, macroeconomic factors have posed challenges, contributing to a slower growth trend noticed in June.
Revolve Group, Inc. (NYSE: RVLV) will release its Q2 2022 financial results on August 3, 2022, after market close. The subsequent conference call is scheduled for 1:30 PM PT / 4:30 PM ET on the same day. Investors can access a Q2 financial highlights presentation at investors.revolve.com.
For inquiries, the investor relations contact is Erik Randerson at 1-562-677-9513.
Revolve Group, Inc. (NYSE: RVLV) will participate in two upcoming investor conferences: the Stifel Annual Cross Sector Insight Conference on June 7, 2022, at 1:15 p.m. ET, and the William Blair Annual Growth Stock Conference on June 8, 2022, at 3:40 p.m. ET. Live webcasts of these presentations will be accessible on their investor relations website, with replays available afterward. Revolve is a prominent retailer catering to Millennials and Generation Z, offering a vast selection of apparel and accessories from various brands.
Revolve Group, Inc. (RVLV) reported a strong first quarter for 2022, with net sales increasing by 58% year-over-year to $283.5 million. Gross profit rose 60% to $154.4 million, contributing to a gross margin of 54.5%. The company experienced record growth in active customers, reaching 2.04 million, up 38% year-over-year. Net income was stable at $22.6 million, influenced by a higher effective tax rate. Both operating cash flow and free cash flow increased 62%, highlighting robust financial health. The second quarter is expected to continue this growth momentum.
Revolve Group, Inc. (NYSE: RVLV) is set to release its Q1 2022 financial results on May 3, 2022, after market close. A conference call is scheduled for 1:30 PM (PT) the same day, where details will be discussed. Investors can access a financial highlights presentation afterwards at investors.revolve.com. The company has established itself as a leading fashion retailer targeting Millennial and Gen Z consumers with a vast range of brands and products, creating a robust online shopping experience.
Revolve Group (NYSE: RVLV) reported a strong fourth quarter of 2021, with net sales soaring 70% year-over-year to $239.8 million, and a 54% increase for the full year to $891.4 million. Net income for Q4 reached $29.4 million, marking a 55% rise, while full-year net income jumped 76% to $99.8 million. Active customers grew by 25% to 1.84 million, and gross margin for Q4 stood at 54.8%. The company remains debt-free, with cash reserves of $218.5 million as of December 31, 2021. Outlook remains positive, although future comparisons may become challenging due to prior strong performance.
Revolve Group, Inc. (NYSE: RVLV) will participate in several upcoming investor conferences. These include the BofA Securities Consumer and Retail Technology Conference on March 8, 2022 at 10:30 a.m. ET, the Raymond James Institutional Investors Conference on March 9, 2022 at 11:00 a.m. ET, and the Roth Annual Conference on March 15, 2022 (exact time TBD).
Live webcasts of the presentations will be accessible on the company's investor relations website, with replays available for a limited time thereafter.
Revolve Group, Inc. (NYSE: RVLV) is set to release its Q4 and FY 2021 financial results on February 23, 2022, after market close. The results will be followed by a conference call at 1:30 PM PT / 4:30 PM ET. Investors can access a financial highlights presentation on their website shortly after the release. The company focuses on fashion retail for Millennial and Generation Z consumers, offering a curated selection of apparel, footwear, and accessories through its REVOLVE and FWRD platforms.
Revolve Group, Inc. (NYSE: RVLV) has appointed Oana Ruxandra to its board of directors, effective immediately. Ruxandra, currently Chief Digital Officer at Warner Music Group, brings vast experience in digital partnerships and revenue growth from emerging platforms. She succeeds Hadley Mullin, who resigned on January 13, 2022, after a decade of service. Ruxandra's expertise in digital channels is expected to propel Revolve's growth strategies as the company optimizes its engagement with Millennial and Generation Z consumers.