Revolve(RVLV) - 2023 Q1 - Earnings Call Transcript

Michael Karanikolas Randal Konik So we feel good there. Customer acquisition has been healthy. Cash has been healthy. The majority of the new customers that we acquired were at full price. That said, the growth really came from the markdown given the shift to markdown that we saw this quarter. And then I think the uncertainty out there is real. And given that we're starting off at a minus 7% for the quarter, we're kind of in the zone of -- it could be slightly negative to slightly positive for the second qu ...