Financial Performance - Gross margin for Q1 2025 was 52.0%, slightly down from 52.3% in Q1 2024[90] - Adjusted EBITDA increased to $19,299,000 in Q1 2025 from $13,267,000 in Q1 2024, representing a growth of 45.5%[90] - Free cash flow rose to $42,804,000 in Q1 2025, compared to $36,656,000 in Q1 2024, an increase of 16.5%[90] - For the three months ended March 31, 2025, net sales increased by 9.7% to $296.7 million compared to $270.6 million in the same period in 2024[142] - Net income for the three months ended March 31, 2025, was $11.4 million, compared to $10.9 million in the same period in 2024[141] - For the three months ended March 31, 2025, the company reported income before income taxes of $15,581,000, an increase from $14,649,000 in the same period of 2024[150] Customer Metrics - Active customers reached 2,703,000 in Q1 2025, up from 2,551,000 in Q1 2024, marking a growth of 5.9%[90] - Total orders placed in Q1 2025 were 2,308,000, compared to 2,223,000 in Q1 2024, reflecting an increase of 3.8%[90] - Active customers increased during the period ended March 31, 2025, compared to the same period in 2024, driven by enhanced engagement and new customer acquisition[107] - Total orders placed increased in the three months ended March 31, 2025, compared to the same period in 2024, reflecting improved customer engagement[109] Sales and Revenue - The REVOLVE segment generated $254.4 million in net sales for the three months ended March 31, 2025, representing a 10.8% increase from $229.6 million in the same period of 2024[125] - Net sales in the REVOLVE segment rose by 10.8% to $254.4 million, while the FWRD segment saw a 3.3% increase to $42.4 million[143] - Net sales to customers in the United States accounted for 80.6% of total net sales, increasing by 9.2% to $239.2 million from $219.1 million[127] - Net sales to customers outside the United States increased by 11.7% to $57.5 million, representing 19.4% of total net sales[128] Cost and Expenses - Cost of sales increased by 10.3% to $142.4 million, representing 48.0% of net sales, up from 47.7% in the prior year[144] - Fulfillment expenses were relatively flat at $9.4 million, decreasing as a percentage of net sales to 3.2% from 3.5%[145] - Selling and distribution expenses increased by 3.1% to $50.0 million, accounting for 16.8% of net sales, down from 17.9%[146] - Marketing expenses rose by 2.5% to $42.4 million, representing 14.2% of net sales, down from 15.3%[148] - General and administrative expenses increased by 14.9% to $37.9 million, accounting for 12.8% of net sales, up from 12.2%[149] Tariffs and Manufacturing - Increased tariff rates on imported products, particularly from China, are expected to adversely impact gross margin in the near term[95] - The total tariff rate on goods imported from China reached 152.5%, which may increase costs and impact customer demand[113] - The company is diversifying manufacturing sources outside of China to mitigate the impact of heightened tariffs[114] - The merchandise mix may shift due to changes in customer demand and the impact of tariffs, potentially affecting gross margin[121] Cash Flow and Financing - Cash and cash equivalents as of March 31, 2025, were $300,831,000, up from $256,600,000 as of December 31, 2024[151] - Net cash provided by operating activities was $45,145,000 for the three months ended March 31, 2025, compared to $38,391,000 for the same period in 2024, reflecting an increase of 17.5%[158][160] - Net cash used in investing activities was $2,341,000 for the three months ended March 31, 2025, compared to $1,735,000 in 2024[162] - Net cash used in financing activities was $531,000 for the three months ended March 31, 2025, a significant decrease from $8,264,000 in the same period of 2024[164] - The company authorized a stock repurchase program of up to $100 million for its Class A common stock in August 2023, with no expiration date[157] - The line of credit provides up to $75 million in revolver borrowings, with no borrowings outstanding as of March 31, 2025[154] Operational Strategies - The company has expanded its international presence with limited investment, offering products on platforms like Tmall Global and Nykaa Fashion[88] - The logistics infrastructure supports free shipping and returns in the U.S., optimizing inventory allocation and reducing fulfillment costs[87] - The focus on emerging and owned brands minimizes assortment overlap with other retailers, enhancing marketing efficiency[83] - Investments in operations and infrastructure are expected to continue, focusing on inventory, fulfillment centers, and logistics to support growth[123] - The company continues to monitor inflation impacts and has implemented strategies to mitigate its effects, although these may adversely impact product demand[166] Challenges - The company faces challenges in customer acquisition and retention due to increased competition and changes in social media marketing dynamics[116] - Average order value decreased to $295 in Q1 2025 from $299 in Q1 2024[90] - Average order value decreased in the three months ended March 31, 2025, primarily due to a lower percentage of sales at full price[111]

Financial Data and Key Metrics Changes - The company reported net sales of $297 million, a year-over-year increase of 10% [29] - Operating income increased by 57% year-over-year, with adjusted EBITDA rising by 45% [6][34] - Cash and cash equivalents exceeded $300 million, increasing by $44 million or 17% in just three months [36] Business Line Data and Key Metrics Changes - REVOLVE segment net sales increased by 11% year-over-year, while FORWARD segment net sales grew by 3% [30] - The product return rate decreased by nearly three points year-over-year, contributing to operational efficiencies [9] Market Data and Key Metrics Changes - Domestic net sales increased by 9%, while international net sales rose by 12% year-over-year [30] - Active customers increased by 6% year-over-year, reaching 2.7 million [30] Company Strategy and Development Direction - The company is focusing on expanding brand awareness, growing the customer base, and enhancing connections with the next generation of consumers [11] - Plans for a permanent retail store in Los Angeles are underway, with construction ongoing and an expected opening in the fall [24][26] - The company is leveraging AI technology to improve customer service and enhance the shopping experience [17] Management's Comments on Operating Environment and Future Outlook - The management expressed confidence in navigating macroeconomic uncertainties and tariff challenges, citing a strong track record in previous turbulent times [10][43] - There is a noted shift in consumer behavior towards more accessible price points, impacting average order values [58][99] Other Important Information - The company is actively engaged in cost-sharing discussions with manufacturing partners to mitigate tariff impacts [41] - The REVOLVE Festival event significantly boosted brand awareness and marketing efficiency, with press impressions increasing by over 40% year-over-year [22] Q&A Session Summary Question: Can you clarify the gross margin guidance related to tariffs? - The low end of the gross margin guidance assumes elevated tariff rates with minimal mitigation efforts [53][55] Question: How quickly can the company pivot to third-party sourced inventory? - The company can flexibly adjust sourcing but is optimistic about owned brand expansion [56] Question: Is the company seeing any impact on customer traffic due to tariff news? - There is a shift to more accessible price points affecting average order values, but no significant pullback in traffic has been observed [58][99] Question: Are there plans to increase promotional activities to stimulate demand? - The company is not changing its markdown strategy in response to market conditions but will act based on inventory balance and customer needs [69] Question: What feedback is the company receiving from third-party brands regarding price increases? - The company is collaborating closely with third-party brands, and while some price increases are anticipated, there has been no significant customer pushback yet [77]

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]

Fashion retailer Revolve Group will soon enable its customers in the U.S. to use Affirm to pay over time.The retailer will add this payment method in the U.S. in the coming days, both online and in its mobile app, and plans to then expand it to its customers in Canada and the U.K., the companies said in a Wednesday (April 2) press release.“Shopping should be effortless, and payment flexibility is a key part of our premium experience,” Revolve Group Co-founder and Co-CEO Mike Karanikolas said in the release. ...

Revolve Group reported better-than-expected fourth-quarter earnings with significant gains in revenue and earnings per share.Revolve Group (RVLV -4.74%), a leader in online fashion retail, recently announced its fourth-quarter 2024 results on February 25, 2025. The earnings highlighted notable revenue growth and improved profitability, with revenue reaching $293.73 million, surpassing analyst estimates of $283 million by 3.5%. This marks a 14% increase from $257.78 million in the same quarter last year. Its ...