Revolve Group news and archive

Revolve Group posts strong growth in Q2 earnings

Revolve Group’s second quarter net sales were 282.5 million dollars, up 3 percent, while diluted earnings per share of 21 cents, increased 110 percent. . Gross profit for the quarter was 152.6 million dollars, an increase of 3 percent, while gross margin was 54 percent, an increase of 7 basis points. Net income was 15.4 million dollars, an...

Business

Revolve Group Q1 sales and earnings decline

Revolve Group’s first quarter net sales were 270.6 million dollars, a decrease of 3 percent. Net sales in April 2024 increased by a low single digit percentage, a sequential improvement compared to the trend reported for the first quarter of 2024. "We delivered significant expansion of our gross margin and year-over-year efficiency in our...

Business

Revolve Group's Q4 sales drop

Fashion retailer Revolve Group reported a net sales decrease of 1 percent to 257.8 million dollars for the fourth quarter, a sequential improvement from the 4 percent reported in the third quarter of 2023. During the first eight weeks of 2024, the company’s net sales decreased by a mid-single digit percentage compared to the same period in 2023....

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Revolve Group reappoints Jennifer Baxter Moser to its board of directors

Revolve Group has announced the reappointment of Jennifer (Jenny) Baxter Moser to its board of directors, effective immediately. Baxter Moser will also serve as a member of the audit committee and compensation committee. The company said in a release that Baxter Moser previously served on Revolve’s board of directors during a period of...

Business

Revolve Group revenues drop in the third quarter

Revolve Group, Inc. reported an increase in active customers by 52,000 during the third quarter of 2023, growing to 2,510,000 as of September 30, 2023, an increase of 12 percent year-over-year. Net sales for the quarter were 257.6 million dollars, a decrease of 4 percent. "A key highlight of the third quarter was surpassing 2.5 million active...

Business

Revolve Group posts drop in Q2 sales, profit

Revolve Group has reported a drop in sales and profit in the second quarter of the year. The US fashion retailer made net sales of 273.7 million dollars in the three months to June 30, a year-on-year decrease of 6 percent. Sales at its Revolve segment fell 4 percent to 235.1 million dollars, while sales at its Fwrd segment fell 15 percent to...

Business

Revolve Group posts drop in Q1 sales, profit

Revolve Group has reported a slight drop in sales in the first quarter and narrowing profits against a “very difficult prior-year comparison”. The US fashion retailer, which has reported several record quarters in recent years, made sales of 279.6 million dollars in the three months to March 31, a drop of 1 percent from the prior year. Sales at...

Business

Revolve Group posts Q4 revenue increase of 8 percent

Revolve Group said total fourth quarter net sales were 259.2 million dollars, up 8 percent and represented a three-year compound annual growth rate of 21 percent. During the first seven weeks of the first quarter of 2023 , the company added that net sales increased by a mid-single digit percentage year-over-year during the period. “2022 was the...

Fashion |In Pictures

Camila Coelho adds activewear to her fashion label

Brazilian-American influencer Camila Coelho is adding activewear to her apparel brand with the launch of Camila Coelho Sport. The activewear line is created and designed by Coelho and produced in collaboration with Revolve Group, Inc. and launches with a debut 13-piece capsule collection featuring sports bras, tank tops, bike shorts, leggings,...

Business

Revolve Group posts growth in revenue and active customers

Revolve Group, Inc. reported an increase in active customers by 84,000 during the third quarter of 2022, growing to 2,249,000 as of September 30, 2022, an increase of 34 percent year-over-year. The company’s total net sales were 268.7 million dollars, an increase of 10 percent year-over-year. Revolve segment net sales were 222.1 million dollars,...

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Growth in active customers boosts Revolve Group's Q2 sales

Revolve Group Inc. reported total second quarter net sales of 290.1 million dollars, an increase of 27 percent year-over-year. Gross margin was 55.9 percent, an increase of 29 basis points and the company’s highest-ever gross margin for a second quarter. The company attributed the sales increase to continued strong growth in active customers,...

Fashion |In Pictures

Revolve Group launches new in-house luxury footwear brand

Global fashion retailer Revolve Group has launched a new in-house everyday luxury footwear brand called A’mmonde Atelier. The footwear label is an extension of the company's owned brand portfolio, which produces more than 20 brands under an in-house design team, and will be available on both Revolve and Fwrd. A’mmonde Atelier is derived from the...