earnings
confidence high
sentiment positive
materiality 0.85
Revolve Group Q2 2021: record net sales of $228.6M, net income $31.5M up 122% YoY
Revolve Group, Inc.
2021-Q2 EPS reported
$0.72
revenue$407,521,000
- Net sales $228.6M (+60% YoY, +41% vs Q2 2019); net income record $31.5M (+122% YoY); diluted EPS $0.42.
- Gross margin 55.6% (+517 bps YoY); FORWARD segment net sales $39.8M (+151% YoY).
- Cash from operations $33.3M; cash net of debt $219.6M, debt-free; inventory $118.8M (+84% YoY but efficiency improved).
- July 2021 net sales grew >40% YoY and vs July 2019; continue to expand marketing events.
- Active customers 1.554M (+1% YoY); average order value $255 (+25% YoY).