NYSE$RVLV
Revolve Group Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Reported record quarterly net sales and net income.
Revolve Group, Inc. announced strong financial results for Q2 2021, marked by a 60% year-over-year increase in net sales and record net income, driven by new customer additions and reactivated customers.
- Net sales increased by 60% year-over-year and 41% compared to Q2 2019.
- Net income reached a record of $32 million, more than doubling compared to Q2 2020 and Q2 2019.
- FORWARD segment net sales grew by 151% year-over-year and 120% compared to Q2 2019.
- Cash and cash equivalents increased to $219.6 million, up 73% from June 30, 2020.
Headline financials
Revenue & EPS history
Revolve · Revenue · Quarterly
$229M
Revenue by segment
Revolve · $229M total across 2 segments · Q2 2021
- REVOLVE Segment$189M+48.7%82.6%
- FWRD Segment$39.8M+151.1%17.4%
Forward guidance
Net sales in July 2021 increased more than 40% on both a year-over-year basis and on a two-year growth basis versus July of 2019.
Tailwinds
- Strong growth continued into the third quarter of 2021.
- Net sales in July 2021 increased more than 40% year-over-year.
- Net sales in July 2021 increased more than 40% on a two-year growth basis versus July of 2019.
- Encouraged by the pace of reopening and economic recovery across the United States and in many of key international markets.
- Plan to invest even further in additional marketing events and programs in the future to continue to build brand over the long term and to capitalize on the reopening opportunity with newly vaccinated consumers excited to socialize in person, travel and enjoy the active lifestyle they have come to associate with REVOLVE.
Headwinds
- COVID-19 continues to have a negative impact on REVOLVE’s operations
- COVID-19 continues to have a negative impact on net sales in some regions
- Closely monitoring developments for COVID-19 variants that have recently impacted certain regions.
- Remain cautious as COVID-19 continues to have a negative impact on REVOLVE’s operations
- Closely monitoring developments for COVID-19 variants that have recently impacted certain regions.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
-0.5%
Avg return
Earnings day
-2.1%
Avg return
5 days after
-4.7%
Avg return
30 days after
38%
12 / 32 earnings
Positive
+31.7%
Q3 2024
Best reaction
-19.3%
Q4 2017
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.0% | -11.0% | -17.6% | |
| Q4 2025 | -5.4% | -7.0% | -15.4% | |
| Q3 2025 | +12.2% | +10.9% | +30.0% | |
| Q1 2025 | -9.6% | +4.5% | +17.6% | |
| Q4 2024 | -5.0% | -11.7% | -21.4% | |
| Q3 2024 | +31.7% | +24.5% | +43.1% | |
| Q2 2024 | +30.8% | +26.2% | +21.2% | |
| Q1 2024 | +4.6% | +2.9% | -13.5% | |
| Q4 2023 | +25.8% | +33.9% | +24.7% | |
| Q3 2023 | -2.9% | -3.1% | +5.9% | |
| Q2 2023 | -7.5% | -6.7% | -21.3% | |
| Q1 2023 | -7.8% | -8.1% | -17.6% | |
| Q4 2022 | +1.1% | +6.3% | -1.2% | |
| Q3 2022 | -3.4% | -11.3% | +20.5% | |
| Q2 2022 | -8.2% | +2.7% | -19.1% | |
| Q1 2022 | -16.0% | -25.0% | -29.6% | |
| Q4 2021 | -1.6% | -9.7% | +3.4% | |
| Q3 2021 | +6.2% | +12.5% | -9.0% | |
| Q2 2021 | -17.4% | -11.1% | -17.8% | |
| Q1 2021 | +9.8% | -5.3% | +6.7% | |
| Q4 2020 | +8.3% | +25.8% | +20.4% | |
| Q3 2020 | -3.8% | -4.5% | +10.2% | |
| Q2 2020 | +27.6% | +17.2% | -4.8% | |
| Q1 2019 | -8.4% | -6.9% | +3.2% | |
| Q1 2020 | +3.0% | -6.8% | +4.3% | |
| Q4 2017 | -19.3% | -18.4% | -57.0% | |
| Q4 2019 | -11.0% | -13.6% | -51.3% | |
| Q3 2019 | -16.9% | -21.1% | -14.9% | |
| Q3 2018 | -16.9% | -21.1% | -14.9% | |
| Q4 2018 | -1.4% | -9.3% | -4.1% | |
| Q2 2018 | -1.4% | -9.3% | -4.1% | |
| Q2 2019 | -12.9% | -14.1% | -25.9% | |
| Q1 2018 | — | — | — | |
| Q3 2017 | — | — | — | |
| Q2 2017 | — | — | — | |
| Q1 2017 | — | — | — |
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