Revolve Q1 net sales +58% to $283.5M; active customers +38% to 2.04M

Revolve Group, Inc.

2022-Q1 EPS reported $0.30 revenue$283,498,000

Net sales $283.5M (+58% YoY); net income $22.6M (+1% due to higher tax); adjusted EBITDA $31.5M (+35%).
Active customers 2.04M (+38% YoY) with record quarterly adds of 201k; total orders 2.16M (+68%).
REVOLVE segment +56% to $237.7M; FWRD segment +71% to $45.8M.
Cash $270.6M, debt-free; free cash flow $52.7M (+62% YoY).
April 2022 net sales grew >30% YoY; full-year growth expected highest in Q1, lowest in Q4.

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