earnings
confidence high
sentiment positive
materiality 0.75
Revolve Group Q3 net income up 238% to $10.8M; net sales +10% YoY to $283.1M
Revolve Group, Inc.
2024-Q3 EPS reported
$0.52
revenue$836,183,000
- Net sales $283.1M (+10% YoY), net income $10.8M (+238%), EPS $0.15 vs $0.04.
- Adjusted EBITDA $17.5M (+85%), driven by improved logistics costs and marketing efficiency.
- Active customers 2.63M (+5% YoY); international net sales up 20% to $60.5M.
- FY2024 gross margin guidance cut to 52.2% from prior 52.5-53.0%; other expense ratios tightened.
- October net sales up low-double digit % YoY, a sequential improvement vs Q3 trend.