Financial Performance - Revolve Group reported quarterly earnings of $0.16 per share, exceeding the Zacks Consensus Estimate of $0.13 per share, and showing an increase from $0.15 per share a year ago, representing an earnings surprise of 23.08% [1] - The company posted revenues of $296.71 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.24% and increasing from $270.58 million year-over-year [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.19 on revenues of $306.58 million, and for the current fiscal year, it is $0.67 on revenues of $1.22 billion [7] - The estimate revisions trend for Revolve Group is mixed, leading to a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Textile - Apparel industry, to which Revolve Group belongs, is currently ranked in the bottom 24% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact investor sentiment and stock performance [5]

Financial Data and Key Metrics Changes - The company reported net sales of $297 million, a year-over-year increase of 10% [32] - Operating income increased by 57% year-over-year, with adjusted EBITDA rising by 45% [8][36] - Cash and cash equivalents exceeded $300 million for the first time, increasing by $44 million or 17% in just three months [40][31] - The gross margin was 52%, a decrease of 30 basis points year-over-year, primarily due to a lower mix of net sales at full price and deeper markdowns [34] Business Line Data and Key Metrics Changes - REVOLVE segment net sales increased by 11% year-over-year, while FORWARD segment net sales increased by 3% [33] - The product return rate decreased by nearly three points year-over-year, contributing to operational efficiencies [10] - The mix of owned brand net sales as a percentage of REVOLVE segment net sales increased year-over-year for the first time in two and a half years [25] Market Data and Key Metrics Changes - Domestic net sales increased by 9% year-over-year, while international net sales increased by 12% [33] - Active customers increased by 6% year-over-year, reaching 2.7 million [33] - The company noted a shift in consumer behavior towards more accessible price points, impacting average order value [34][60] Company Strategy and Development Direction - The company is focused on long-term investments in AI technology, international expansion, and building owned brands [8][12] - The REVOLVE Festival was highlighted as a successful brand-building event, generating significant marketing impact and consumer engagement [21][24] - The company is exploring physical retail opportunities, with plans to open a permanent store in Los Angeles [26][28] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by geopolitical and macroeconomic uncertainties, particularly regarding tariffs [11] - The leadership team expressed confidence in navigating through current uncertainties, citing a strong track record during previous turbulent periods [12][46] - The company is moderating internal revenue growth expectations for the full year due to declining consumer confidence [48][76] Other Important Information - The company generated $45 million in operating cash flow in the first quarter, significantly strengthening its balance sheet [10][38] - The company has no debt and has increased its cash and cash equivalents balance fourfold over the last five years [40] - The company is actively working on tariff mitigation strategies, including diversifying manufacturing sources and optimizing logistics [44][45] Q&A Session Summary Question: Can you clarify the gross margin guidance related to tariffs? - Management confirmed that the low end of the gross margin guidance assumes elevated tariff rates with their best estimate of mitigation efforts [56][57] Question: How quickly can the company pivot to third-party sourced inventory? - Management indicated that while they can flex inventory sourcing, the focus remains on owned brand expansion, with diversification efforts expected to take longer [58][59] Question: Is the company seeing any impact on customer traffic and conversion trends due to tariffs? - Management noted a shift to more accessible price points is impacting average order value, reflecting consumer sentiment [60][61] Question: Are there plans to increase promotional activities to stimulate demand? - Management stated that while they are seeing a shift to more accessible price points, they are not changing their markdown strategy in response to market conditions [70][71] Question: What feedback is the company receiving from third-party brands regarding price increases? - Management reported that they are seeing some price increases from third-party brands but have not yet received significant customer pushback [79][80]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 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, 2025 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: 001-38927 REVOLVE GROUP, INC. (Exact name of registrant as specified in its charter) Delaware 46-1640160 (State or other jurisdic ...

Revolve Group (RVLV) Q1 2025 Earnings Call May 06, 2025 04:30 PM ET Speaker0 Good morning, afternoon, evening. My name is Danica, and I will be your conference operator today. At this time, I would like to welcome everyone to Revolve's First Quarter twenty twenty five Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. Thank you. At this time, I'd like to turn the conference over to Eric Rander ...

Financial Performance - Net sales increased by 10% year-over-year, from $270.6 million in Q1 2024 to $296.7 million in Q1 2025[11] - Adjusted EBITDA increased by 45% year-over-year, from $13.3 million in Q1 2024 to $19.3 million in Q1 2025[11] - Adjusted EBITDA margin increased by 160 basis points year-over-year, reaching 6.5% in Q1 2025[11] - Net income increased by 5% year-over-year, from $10.9 million in Q1 2024 to $11.4 million in Q1 2025, Q1 2024 included an insurance recovery equivalent to $2.1 million, net of tax[11] - Diluted EPS (GAAP) increased by 7% year-over-year, from $0.15 in Q1 2024 to $0.16 in Q1 2025, Q1 2024 EPS included an insurance recovery equivalent to $0.03 per share[25] Segment and Geographic Performance - REVOLVE net sales increased by 11% year-over-year, from $229.6 million in Q1 2024 to $254.4 million in Q1 2025[13] - FWRD net sales increased by 3% year-over-year, from $41.0 million in Q1 2024 to $42.3 million in Q1 2025[13] - U S net sales increased by 9% year-over-year, from $219.1 million in Q1 2024 to $239.2 million in Q1 2025[13] - International net sales increased by 12% year-over-year, from $51.4 million in Q1 2024 to $57.5 million in Q1 2025[13] Cash Flow and Balance Sheet - Free cash flow increased by 17% year-over-year, from $36.7 million in Q1 2024 to $42.8 million in Q1 2025[30] - Cash and cash equivalents increased by $44 million, or 17% quarter-over-quarter, reaching $300.8 million in Q1 2025[30]

Exhibit 99.1 Revolve Group Announces First Quarter 2025 Financial Results Los Angeles, CA – May 6, 2025 - Revolve Group, Inc. (NYSE: RVLV), the next-generation fashion retailer for Millennial and Generation Z consumers, today announced financial results for the first quarter ended March 31, 2025. Co-Founder and Co-CEO Commentary "Our strong execution within a dynamic macro environment resulted in outstanding first quarter results, highlighted by double-digit top-line growth, 57% growth in operating income y ...

Core Insights - Revolve Group, Inc. reported strong first quarter results for 2025, achieving double-digit top-line growth and a 57% increase in operating income year-over-year, alongside $45 million in operating cash flow [2][3][5] Financial Performance - Net sales reached $296.7 million, a 10% increase from $270.6 million in Q1 2024 [3][5] - Gross profit was $154.3 million, reflecting a 9% year-over-year increase [3][5] - Net income for the quarter was $11.4 million, up 5% from $10.9 million in the same period last year [3][12] - Adjusted EBITDA increased by 45% to $19.3 million compared to $13.3 million in Q1 2024 [3][12] - Free cash flow was $42.8 million, a 17% increase from $36.7 million in Q1 2024 [3][12] Operational Metrics - Active customers grew to 2.7 million, a 6% increase year-over-year [4][5] - Total orders placed increased by 4% to 2,308 [4][5] - Average order value decreased slightly by 1% to $295 [4][5] Cost Structure - Fulfillment costs were $9.4 million, representing 3.2% of net sales, down from 3.5% in Q1 2024 [5][6] - Selling and distribution costs were $50.0 million, or 16.8% of net sales, improved from 17.9% in the previous year [5][6] - Marketing costs were $42.4 million, or 14.3% of net sales, down from 15.3% in Q1 2024 [12] Balance Sheet and Cash Flow - Cash and cash equivalents increased to $300.8 million, up 17% from $256.6 million at the end of 2024 [12][34] - Inventory as of March 31, 2025, was $213.7 million, a decrease of 7% from the previous quarter [12][34] Business Outlook - The company provided guidance for 2025, projecting gross margin between 50.0% and 52.0%, revised down from a previous estimate of 52.4% to 52.9% [11][13] - The outlook considers macroeconomic factors such as tariffs, inflation, and supply chain disruptions [10][11]

LOS ANGELES, April 17, 2025 /PRNewswire/ -- Revolve Group, Inc. (NYSE: RVLV) announced today that it will release financial results for the first quarter ended March 31, 2025, after the market close on Tuesday, May 6, 2025, followed by a conference call at 1:30 PM (PT) / 4:30 PM (ET) on the same day. Shortly following the release of its financial results, the company will make available a Q1 2025 financial highlights presentation at http://investors.revolve.com. Live Conference Call Toll free number ...

Toronto, Ontario--(Newsfile Corp. - April 14, 2025) -  ArcStone Canada Inc., a subsidiary of ArcStone Securities and Investments Corp. ("ArcStone"), a premier cross-border financial services firm based in Toronto, New York City, and Dallas, proudly announces the release of its report on Revolve Renewable Power Corp. (TSXV: REVV) (OTCQB: REVVF), an emerging leader in the renewable energy sector.ArcStone's in-depth analysis highlights Revolve's strategic focus on high-growth markets, robust project pipeline, ...

Core Viewpoint - Revolve Group (RVLV) shares experienced a significant increase of 13.7% to $21.69, following a period of 22.7% loss over the past four weeks, indicating a potential recovery in investor sentiment [1][2] Company Performance - The stock's recent momentum is attributed to improved investor sentiment amid a broader market rally, particularly after President Trump's announcement regarding tariffs, alongside the company's focus on enhancing marketing and logistics efficiency [2] - Revolve is expected to report quarterly earnings of $0.13 per share, reflecting a year-over-year decline of 13.3%, while revenues are projected to reach $296 million, marking a 9.4% increase from the previous year [3] - The consensus EPS estimate for Revolve has remained unchanged over the last 30 days, suggesting that the stock's price movement may not sustain without trends in earnings estimate revisions [4] Industry Context - Revolve Group operates within the Zacks Textile - Apparel industry, where Duluth Holdings (DLTH) also resides, having closed 19.5% higher at $2.08, despite a 41.2% decline over the past month [4] - Duluth Holdings' consensus EPS estimate has decreased by 11.1% over the past month to -$0.30, representing a 25% decline compared to the previous year's EPS [5]