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Is The RealReal (REAL) Stock Outpacing Its Consumer Discretionary Peers This Year?
ZACKS· 2024-09-09 14:40
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) Loses -7.32% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2024-09-06 14:36
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 ...
The RealReal: Buy This Dip, Especially As Profitability Is Recovering
Seeking Alpha· 2024-08-24 12:34
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 ...
The 2024 Luxury Resale Report: The RealReal Reveals Top Brands and Trends Shaping the Market
GlobeNewswire News Room· 2024-08-21 13:00
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 ...
The RealReal (REAL) Reports Q2 Loss, Tops Revenue Estimates
ZACKS· 2024-08-06 23:57
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 ...
The RealReal ‘Opens' an Installation on Canal Street, Starting a Conversation About Fakes
GlobeNewswire News Room· 2024-06-13 13:00
NEW YORK, June 13, 2024 (GLOBE NEWSWIRE) -- Today, The RealReal, the world's largest online marketplace for authenticated, resale luxury goods, unveils an installation of fake handbags at 301 Canal Street. In a moment where authenticity has never been so important, we're drawing attention to the pervasive counterfeit crisis and provocatively prompting passer-bys to ask themselves what's real, with the goal of starting a conversation about why it matters on a street synonymous with counterfeit culture. Strat ...
RealReal: Return To GMV Growth May Spark The Beginning Of A Rebound
Seeking Alpha· 2024-06-13 10:09
VAL The RealReal Inc (REAL) Price 3 55 4.00 3.55 3.00 2.00 1.00 Jan '24 Feb '24 Apr '24 Mar '24 May '24 Jun '24 Seeking Alpha X Jun 13, 2024, 12:18 AM EDT Powered by YC H A R T S Data by Y Charts Statements of Operations Amid this backdrop, I'm renewing my buy call on The RealReal, Here is my full long-term bull case for The RealReal: The RealReal Q1 results (The RealReal Q1 shareholder letter) | --- | --- | --- | --- | --- | |--------------------------------------------------------------------------------- ...
The RealReal(REAL) - 2024 Q1 - Earnings Call Transcript
2024-05-08 03:18
Financial Data and Key Metrics Changes - The company reported a return to overall top line growth for the first time in three quarters, driven by double-digit growth in consignment revenue, which is the most profitable segment [7][8] - The gross margin rate reached the highest ever at 74.6%, significantly improving bottom line results compared to the prior year [8][29] - Adjusted EBITDA improved by $25 million year-over-year, with GMV and adjusted EBITDA exceeding the high end of guidance [8][11] Business Line Data and Key Metrics Changes - Consignment revenue grew by approximately 13% year-over-year, indicating strong demand and healthy supply [16][46] - The average order value increased by about 8%, reflecting positive consumer behavior [16] Market Data and Key Metrics Changes - Active buyers decreased by 9% year-over-year, but orders growth accelerated significantly, suggesting potential recovery in active buyer numbers [59][60] - The company is focusing on targeting high-value sellers to improve the mix and volume of consigned items [54][56] Company Strategy and Development Direction - The company is refining its sales and marketing approach to drive profitable supply and is testing new initiatives to grow its core business [9][10] - There is a strong focus on automation and AI to enhance client experience and operational efficiency [11][20] - The company aims to deliver positive adjusted EBITDA for the full year 2024 and has updated its full-year guidance with an increase in the midpoint of the adjusted EBITDA range [11][12] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the health of the consumer and the overall marketplace, noting that supply is currently strong [16][46] - The company is aware of the competitive landscape and is committed to enhancing its core business through pricing transparency and operational efficiencies [69][70] Other Important Information - The company is exploring new supply channels, including drop shipping, to expand its market reach [31][38] - Operational investments are planned to drive efficiencies and expand margins in the long term [35][42] Q&A Session Summary Question: Insights on consumer behavior and health - Management noted that average selling prices and units per transaction (UPT) are up, indicating a healthy consumer [16][18] Question: Impact of AI and automation on pricing - Management confirmed that AI is being integrated into pricing strategies, leading to smarter pricing decisions [20][22] Question: Gross margin outlook for the year - Management indicated that Q1's gross margin was strong but expected some seasonal reduction in Q2, with operational investments impacting EBITDA [29][30][35] Question: Update on drop shipping and supply channels - Management is optimistic about the early stages of drop shipping and is focusing on new supply channels [31][38] Question: Drivers of GMV growth - Management highlighted that GMV growth is driven by both higher-value items and increased volume from existing sellers [54][55] Question: Active buyers trend and engagement strategies - Management acknowledged the decline in active buyers but pointed to orders growth as a positive indicator for future recovery [59][60] Question: Competitive landscape evolution - Management is continuously monitoring competitors and believes in doubling down on their core business to maintain a competitive edge [69][70] Question: Consignment gross margin potential - Management sees potential for further improvement in consignment gross margins through operational efficiencies [73][74]
The RealReal(REAL) - 2024 Q1 - Quarterly Report
2024-05-07 20:34
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 March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ Commission File Number: 001-38953 _________ ...
The RealReal(REAL) - 2024 Q1 - Quarterly Results
2024-05-07 20:29
Exhibit 99.1 THE REALREAL ANNOUNCES FIRST QUARTER 2024 RESULTS Q1 2024 Gross Merchandise Value Increased 2% Year-Over-Year Q1 2024 Consignment Revenue Increased 13% Year-Over-Year Q1 2024 Net Loss Improved $51 million Year-Over-Year Q1 2024 Adjusted EBITDA Loss of $2.3, an improvement of $25 million Year-Over-Year SAN FRANCISCO, May 7, 2024 — The RealReal (Nasdaq: REAL)—the world's largest online marketplace for authenticated, resale luxury goods—today reported financial results for its first quarter ended ...