NYSE$RVLV

Revolve Group Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

Reported a strong second quarter with a return to top-line growth and a more than doubling of net income year-over-year.

Revolve Group reported a strong second quarter with net sales increasing by 3% year-over-year to $282.5 million and net income increasing by 111% year-over-year to $15.4 million. The company's performance was driven by improved marketing efficiency and logistics costs.

  • Net sales increased by 3% year-over-year to $282.5 million.
  • Gross profit increased by 3% year-over-year to $152.6 million.
  • Net income increased by 111% year-over-year to $15.4 million.
  • Active customers increased by 5% year-over-year to 2,577,000.

Headline financials

Total Revenue

$282M

Previous: $274M+3.2%
EPS (adj)

$0.21

Previous: $0.10+110.0%
Capital Expenditures

-$2.78M

Previous: -$2.12M-31.2%
Free Cash Flow

$12.6M

Previous: $5.18M+143.0%
Net Income

$15.4M

Previous: $7.3M+110.6%
Operating Income

$16.4M

Previous: $7.36M+123.5%
Gross Profit

$153M

Previous: $148M+3.3%
Cash & Equivalents

$245M

Previous: $269M-9.1%
Total Assets

$658M

Previous: $629M+4.5%
R&D Expense

$0.00

No prior period
Stock-Based Comp

$2.09M

Previous: $1.72M+21.5%

Revenue & EPS history

Revolve · Revenue · Quarterly

$282M

Q2 2024+3.2%vs Q2 2023
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

Revolve · $218M total across 1 segment · Q3 2023

  • REVOLVE Segment
    $218M-2.0%

Forward guidance

Based on information available as of August 6, 2024, the company is providing guidance for the full year ending December 31, 2024 and the third quarter ending September 30, 2024.

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 2024

Historical avgQ2 2024

-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

Earnings price reactions
QuarterReport dateReaction (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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