Why Revolve Group Stock Soared Today

Revolve surprised investors by breezing past estimates. Shares of Revolve Group (RVLV 32.67%) jumped today after the online fashion retailer posted better-thanexpected results in its second-quarter earnings report, showing signs of a potential recovery after several years of disappointing results. As a result, the stock closed up 32.5% on the news. Revolve is turning the corner Revolve returned to revenue growth after five quarters of decline, though its growth was modest. Revenue increased 3% to $282.5 mil ...