{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-037184","form_type":"8-K","ticker":"RVLV","cik":"0001746618","company_name":"Revolve Group, Inc.","filed_at":"2023-08-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.074775+00:00","generated_at":"2026-06-12T14:16:29.148457+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Revolve Q2 net sales down 6% YoY to $273.7M, net income falls 55%, guidance trimmed","bullets":["Q2 net sales $273.7M (-6% YoY); net income $7.3M (-55%); diluted EPS $0.10 (-55%).","Adjusted EBITDA $10.4M (-61% YoY); gross margin 54.0% vs 55.9% a year ago.","FY 2023 gross margin guidance lowered to 52-52.5% from 52-53%; fulfillment and SG&A costs raised.","Board authorizes $100M stock repurchase program; company has $269M cash and no debt.","July net sales down mid-single digit percent YoY, citing continued soft U.S. consumer discretionary spending."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-037184","json":"https://secwatch.observer/filing/0000950170-23-037184.json","markdown":"https://secwatch.observer/filing/0000950170-23-037184.md","text":"https://secwatch.observer/filing/0000950170-23-037184.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1746618/000095017023037184/0000950170-23-037184-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1746618/000095017023037184/rvlv-20230802.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T14:16:29.148457+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":"cbdc3c9e015526f8cfd4f54ec64e7feca18e816a","claim":"Revolve Group, Inc. reported the second quarter ended June 30, 2023 results: revenue $273.7 million, net income $7.3 million, EPS $0.10. Guidance lowered.","evidence_excerpt":"• Net sales were $273.7 million, a year-over-year decrease of 6%. • Gross profit was $147.7 million, a year-over-year decrease of 9%. • Gross margin was 54.0%, a year-over-year decrease of 198 basis points, primarily reflecting a lower mix of net sales at full price in the second quarter of 2023 as compared to the second quarter of 2022. • Net income was $7.3 million, a year-over-year decrease of 55%, primarily due to the decline in net sales, reduction in gross profit year-over-year and continued pressure on certain operating expenses. • Adjusted EBITDA was $10.4 million, a year-over-year decrease of 61%. • Diluted earnings per share (EPS) was $0.10, a year-over-year decrease of 55%.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1746618/000095017023037184/0000950170-23-037184-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended June 30, 2023"},{"label":"Revenue","value":"$273.7 million"},{"label":"Net income","value":"$7.3 million"},{"label":"EPS","value":"$0.10"},{"label":"Guidance","value":"lowered"},{"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"}