{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-017199","form_type":"8-K","ticker":"RVLV","cik":"0001746618","company_name":"Revolve Group, Inc.","filed_at":"2023-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.360369+00:00","generated_at":"2026-06-16T01:22:25.464370+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Revolve Group Q1 2023 revenue down 1% to $279.6M; net income falls 37%, adjusted EBITDA down 52%","bullets":["Net sales $279.6M (-1% YoY); net income $14.2M (EPS $0.19) vs $22.6M (-37%).","Gross margin 49.8% (-468 bps) on lower full-price mix; adjusted EBITDA $15.0M (-52%).","Active customers grew 19% to 2.42M; REVOLVE segment -3%, FWRD +5% YoY.","April 2023 net sales declined ~7% YoY amid macro headwinds and inflationary pressures.","Free cash flow $47.7M; cash $283.3M, debt free; inventory down 12% from Dec 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-017199","json":"https://secwatch.observer/filing/0000950170-23-017199.json","markdown":"https://secwatch.observer/filing/0000950170-23-017199.md","text":"https://secwatch.observer/filing/0000950170-23-017199.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1746618/000095017023017199/0000950170-23-017199-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1746618/000095017023017199/rvlv-20230503.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T01:22:25.464370+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"24657caf15dc51cb84cee63fcf40b364af984c10","claim":"Revolve Group, Inc. reported first quarter ended March 31, 2023 results: revenue $279,609, net income $14,172, EPS $0.19.","evidence_excerpt":"said co-founder and co-CEO Michael Mente. First Quarter 2023 Financial Summary Three Months Ended March 31, 2023 2022 YoY Change (in thousands, except percentages) Net sales $ 279,609 $ 283,498 (1%) Gross profit $ 139,220 $ 154,411 (10%) Gross margin 49.8 % 54.5 % Net income $ 14,172 $ 22,568 (37%) Adjusted EBITDA (non-GAAP financial measure) $ 15,010 $ 31,543","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1746618/000095017023017199/0000950170-23-017199-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$279,609"},{"label":"Net income","value":"$14,172"},{"label":"EPS","value":"$0.19"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}