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Revolve Group Announces First Quarter 2025 Financial Results
Prnewswire· 2025-05-06 20:03
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]
Consolidated annual report of AS Silvano Fashion Group for the 2024 financial year
Globenewswire· 2025-04-30 20:00
In the meeting of the Supervisory Board of Silvano Fashion Group AS (hereinafter SFG), held on [30.04.2025], the Supervisory Board approved the annual report of SFG for the 2024 financial year and made a proposal to submit the report to the General Meeting of shareholders. The annual report of SFG for the 2024 financial year is available on the webpages of Nasdaq Baltic at www.nasdaqbaltic.com and of SFG at www.silvanofashion.com. The annual report of SFG for the 2024 financial year disclosed hereby does n ...
Digital Brands Partners with Amaze to Expand Teespring Marketplace. Teespring Will Leverage Amaze’s 12.3 Million Unique Stores to Significantly Expand Reach of AVO by DSTLD.
Globenewswire· 2025-04-22 14:35
Core Insights - Digital Brands Group, Inc. has formed a strategic partnership with Amaze, becoming the first third-party partner to offer its products on the revamped Teespring Marketplace [1][2] - This partnership allows Amaze customers to shop AVO by DSTLD, enhancing the product collection and shopping experience on Teespring Marketplace, which attracts over 1.2 billion unique visitors [2][3] - The collaboration aims to connect fans with styles that reflect their unique tastes, leveraging AI-driven curation and advanced discovery tools to maximize audience reach [3][4] Company Overview - Digital Brands Group offers a variety of apparel through multiple brands on a direct-to-consumer and wholesale basis, focusing on owning the customer's "closet share" by utilizing data and purchase history for personalized content [5] - Amaze is a creator-powered commerce platform that provides tools for seamless product creation and advanced e-commerce solutions, enabling creators to sell products and cultivate audience connections [6]
Digital Brands Partners with Amaze to Expand Teespring Marketplace. Teespring Will Leverage Amaze’s 1.2 Million Creators to Significantly Expand Reach of AVO by DSTLD.
Globenewswire· 2025-04-22 12:30
Austin, TX, April 22, 2025 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. ("DBG") (OTC: DBGI), a curated collection of luxury lifestyle brands, is pleased to announce a strategic partnership with Amaze (NYSE American: AMZE) ("Amaze" or the "Company"), a global leader in creator-powered commerce. Digital Brands Group becomes the first third-party partner to offer its products on the recently revamped Teespring Marketplace by Amaze. Through this partnership, Amaze customers will soon be able to shop AVO by DS ...
Digital Brands Group Inc. Acquires Assets of Open Daily Technologies Inc., a Virtual Shopping Innovation Company
Globenewswire· 2025-04-02 20:05
Core Insights - Digital Brands Group, Inc. has acquired the assets of Open Daily Technologies Inc. to enhance its eCommerce capabilities and improve consumer engagement through innovative virtual shopping solutions [1][4] - The acquisition involves the exchange of 344,827 shares of common stock of Digital Brands Group, indicating a strategic move to strengthen its position in the online retail market [1] Company Overview - Digital Brands Group specializes in eCommerce and fashion, offering a variety of apparel through direct-to-consumer and wholesale channels [5] - The company aims to leverage customer data and purchase history to create personalized shopping experiences, focusing on increasing customer "closet share" [5] Open Daily's Contributions - Open Daily is recognized for its pioneering virtual shopping solutions that enhance online retail experiences, helping brands connect with consumers in more engaging and interactive ways [2][4] - The company's core product offerings include: - Outfit Virtual Shopping, a live shopping platform that replicates in-store experiences [7] - Outfit Voice AI, a multilingual shopping assistant that enhances customer support [7] - Outfit ND-AI, a platform aimed at providing deeper consumer insights through behavioral data [7] Strategic Implications - The acquisition aligns with Digital Brands Group's strategy to expand its presence in the evolving online shopping landscape, integrating interactive commerce solutions to foster meaningful connections with customers [4] - The CEO of Digital Brands Group emphasized the potential to enhance digital retail experiences and improve engagement and sales through Open Daily's technology [5]
What Makes Lulu's Fashion Lounge (LVLU) a New Buy Stock
ZACKS· 2025-04-01 17:05
Investors might want to bet on Lulu's Fashion Lounge Holdings, Inc. (LVLU) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. ...
Vera Bradley(VRA) - 2025 Q4 - Earnings Call Transcript
2025-03-12 19:46
Vera Bradley, Inc. (NASDAQ:VRA) Q4 2025 Earnings Conference Call March 12, 2025 9:30 AM ET Company Participants Mark Dely - CAO Jackie Ardrey - CEO Michael Schwindle - CFO Conference Call Participants Eric Beder - SCC Research Daniel Harriman - Sidoti Operator Greetings, and welcome to the Vera Bradley, Inc. Fourth Quarter Fiscal 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question and answer session will follow the formal presentation. As a reminder, thi ...