secwatch.observer — SEC 8-K summary
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Issuer:     Revolve Group, Inc. (RVLV)
CIK:        0001746618
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0000950170-23-057441
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1746618/000095017023057441/0000950170-23-057441-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1746618/000095017023057441/rvlv-20231101.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-057441

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer