SAN FRANCISCO, Oct. 10, 2024 (GLOBE NEWSWIRE) -- The RealReal (Nasdaq: REAL)—the world's largest online marketplace for authenticated, resale luxury goods—today announced that it will release its financial results for the third quarter, ended September 30, 2024, after the market closes on November 4, 2024. The RealReal will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to review its financial results. A live webcast of the conference call will be available online at investor.ther ...

SAN FRANCISCO, Sept. 16, 2024 (GLOBE NEWSWIRE) -- The RealReal (Nasdaq: REAL)—the world's largest online marketplace for authenticated, resale luxury goods—today announced that John Koryl, CEO, and Ajay Gopal, CFO, will participate in a fireside chat at the Wells Fargo 7th Annual Consumer Conference on Thursday, September 19. Mr. Koryl and Mr. Gopal are scheduled to present at 10:15am PT (1:15pm ET). The event webcast details can be found on The RealReal's investor website at investor.therealreal.com. A rep ...

The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has The RealReal (REAL) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out. The RealReal is one of 279 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #11 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average ...

The RealReal (REAL) has been beaten down lately with too much selling pressure. While the stock has lost 7.3% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier. How to Determine if a Stock is Oversold We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator ...

Kseniia Kapris/iStock via Getty Images With the stock market maneuvering back to all-time for investors to do some portfolio re-orientation and rotate out big winners for more value- ortented stocks. In particular, there are a number of stocks that posted strong Q2 results despite falling further amid the broader market recovery, and The RealReal (NASDAQ:REAL) is one of these stocks that deserves a hard second look. Shares of The RealReal have fallen nearly 30% since reporting Q2 results in early August, th ...

Consumers Take the Lead, Redefining Trends and Investing in Lasting Value SAN FRANCISCO, Aug. 21, 2024 (GLOBE NEWSWIRE) -- The RealReal – the world's largest online marketplace for authenticated, resale luxury goods — today released its seventh annual 2024 Luxury Resale Report. This comprehensive report uses 13 years of data to examine the current state of luxury resale, delves into the shopping and consignment behaviors of The RealReal's more than 37 million members, and spotlights key trends shaping deman ...

| --- | --- | --- | --- | --- | --- | |--------------------------------------------------------------|-------|-------|--------------------------|-------|-------------| | | | | | | | | Make Well. Buy Well. Resell. Make Well. Buy Well. Resell. | | | | | | | | | | Q2 Earnings Presentation | | August 2024 | Confidential Safe Harbor/Disclosure Statement These materials contain forward-looking statements relating to, among other things, the future performance of The RealReal that are based on the company's curren ...

The RealReal (REAL) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to loss of $0.30 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 13.33%. A quarter ago, it was expected that this online luxury consignment site would post a loss of $0.14 per share when it actually produced a loss of $0.12, delivering a surprise of 14.29%. Over the last four quarters, the ...

Financial Data and Key Metrics Changes - The company reported a 17% year-over-year increase in consignment revenue for Q2 2024, with active buyers growing by 9% compared to the same period in 2023 [4] - Adjusted EBITDA for Q2 was negative $1.8 million, an improvement of $21 million year-over-year, marking the 11th consecutive quarter of year-over-year improvement [4] - Revenue for the first half of 2024 grew by $16 million, with adjusted EBITDA improving by $46 million compared to the prior year [4] Business Line Data and Key Metrics Changes - The consignment business remains a focus, contributing to the overall revenue growth [5] - Direct revenue is expected to stay within 9% to 10% of total revenue going forward, with Q2 being at the high end of that range [19] Market Data and Key Metrics Changes - The average selling price (ASP) in Q2 was down 3%, but this was offset by an increase in items per order, resulting in average order value (AOV) being flat year-over-year [8] - The company noted a modest pressure on consumer spending, with some price compression observed [8] Company Strategy and Development Direction - The company aims to deliver sustained growth and expand margins through sales, marketing, and store initiatives [5] - There is a focus on operational efficiencies and leveraging advancements in AI to enhance profitability [5] - The company is optimistic about the luxury resale market and is refining its approach to identify attractive markets for new stores [5] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving positive adjusted EBITDA for the full year 2024, citing strong performance in the first half and the resilience of the business model [6][9] - The company is preparing for a seasonal peak in Q4, expecting GMV growth to accelerate compared to the first half [8][16] Other Important Information - The company highlighted the importance of its consignment model, which mitigates the impact of price changes on its bottom line [9] - The management emphasized the need to educate consumers on the value of luxury items compared to primary market prices [14] Q&A Session Summary Question: Clarification on guidance and GMV dynamics - Management expects GMV growth in the second half to accelerate, with a prudent outlook on potential consumer spending slowdown [8] Question: Trends in the luxury landscape and consumer behavior - Management noted increased price sensitivity among consumers but highlighted the ability to compensate through volume growth [13] Question: Insights on Q4 guidance and seasonal patterns - Management confirmed expectations of a typical seasonal increase from Q3 to Q4, with confidence stemming from healthy supply and consignor growth [16][17] Question: Future expectations for direct revenue - Direct revenue is expected to remain stable within the 9% to 10% range of total revenue, with improved margins anticipated [19]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ___________________________________________________ FORM 10-Q ___________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | --- | --- | |-------------------------------------------|----------- ...