earnings
confidence high
sentiment neutral
materiality 0.70
Revolve Group Q2 net sales up 27% to record $290M; net income down 48% to $16.3M
Revolve Group, Inc.
2022-Q2 EPS reported
$0.52
revenue$573,552,000
- Net sales record $290.1M (+27% YoY); gross margin 55.9% (record for Q2, +29 bps).
- Net income $16.3M (-48%); diluted EPS $0.22 (-48%); Adjusted EBITDA $26.9M (-24%).
- Active customers 2.17M (+39%); added ~124k in Q2; total orders 2.24M (+27%); AOV $303 (+19%).
- REVOLVE segment +30% to $244.7M; FWRD +14% to $45.3M; domestic +30%, international +14%.
- Inventory $208.5M (+75% YoY); cash $237.9M, debt free; July net sales growth slowed to ~10%.