---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-057441"
form_type: "8-K"
ticker: "RVLV"
cik: "0001746618"
company_name: "Revolve Group, Inc."
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T02:59:45.047349+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Revolve Q3 net sales down 4% YoY to $257.6M; net income falls 73% to $3.2M

## Summary
- Diluted EPS $0.04, down 75% YoY; includes $6.6M legal accrual ($0.07/share).
- Active customers up 12% to 2.51M; average order value down 7% to $299.
- REVOLVE segment down 2%, FWRD down 14%; domestic sales down 5%.
- FY 2023 gross margin guidance lowered to 51.8%-51.9%; October sales down low-single digit.
- Repurchased 907k shares at avg $13.87; $87.4M remaining under buyback program.

## SEC filing metadata
- accession: 0000950170-23-057441
- form_type: 8-K
- ticker: RVLV
- cik: 0001746618
- company_name: Revolve Group, Inc.
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1746618/000095017023057441/0000950170-23-057441-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1746618/000095017023057441/rvlv-20231101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-057441
- JSON: https://secwatch.observer/filing/0000950170-23-057441.json
- Plain text: https://secwatch.observer/filing/0000950170-23-057441.txt

## Key facts
- Earnings Releases
  Revolve Group, Inc. reported third quarter ended September 30, 2023 results: revenue $257,603, net income $3,178, EPS $0.04. Guidance reaffirmed.
  - Period: third quarter ended September 30, 2023
  - Revenue: $257,603
  - Net income: $3,178
  - EPS: $0.04
  - Guidance: reaffirmed
  - Result: reported results
  source text: served us well for the past 20 years.” Third Quarter 2023 Financial Summary Three Months Ended September 30, 2023 2022 YoY Change (in thousands, except percentages) Net sales $ 257,603 $ 268,711 (4%) Gross profit $ 133,232 $ 142,382 (6%) Gross margin 51.7 % 53.0 % Net income $ 3,178 $ 11,988 (73%) Adjusted EBITDA (non-GAAP financial measure) $ 9,484 $ 17,676
  evidence_url: https://www.sec.gov/Archives/edgar/data/1746618/000095017023057441/0000950170-23-057441-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.