secwatch.observer — SEC 8-K summary
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Issuer:     Revolve Group, Inc. (RVLV)
CIK:        0001746618
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0000950170-23-004105
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Revolve Q4 net income down 73% to $7.9M; full-year sales top $1B but profits fall 41%
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- Q4 net sales $259.2M (+8% YoY); net income $7.9M (-73%); diluted EPS $0.11 (-72%).
- Full-year net sales $1.1B (+24% YoY); net income $58.7M (-41%); adjusted EBITDA $90.2M (-21%).
- Active customers 2.34M (+27% YoY); record annual growth of 500K customers.
- Gross margin contracted: Q4 51.4% vs 54.8% YoY; full year 53.8% vs 55.0%.
- Cash $234.7M, no debt; inventory $215.2M (+26% YoY); Q1-to-date net sales up mid-single digit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1746618/000095017023004105/0000950170-23-004105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1746618/000095017023004105/rvlv-20230223.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-004105

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