Repurchase of Class B common stock upon corporate conversion Fashion. Ratings + Data science. Since 1998. The macro environment also remains highly uncertain, as demonstrated by many U.S. cities and states pausing or reversing plans to reopen their economies in recent weeks due to increased COVID-19 concerns. Revolve Group, Inc. (RVLV) is the next-generation fashion retailer for Millennial and Generation Z consumers. For a reconciliation of these non-GAAP financial measures to GAAP measures, please see the tables captioned “Reconciliation of Non-GAAP Financial Measures” included at the end of this release

Notwithstanding the improved operating results throughout each month of the second quarter, COVID-19 has continued to have a negative impact on REVOLVE’s operations and financial results in recent weeks since the end of the second quarter. “We are confident that our agile team, flexible business model and strong balance sheet position us well to navigate through what continues to be an uncertain environment,” Karanikolas continued.

We use these non-GAAP financial measures to evaluate our operating performance, generate future operating plans and make strategic decisions regarding the allocation of capital. Proceeds from initial public offering, net of underwriting discounts paid Shares of Revolve Group (NYSE: RVLV) were climbing today after the influencer-driven online fashion retailer posted better-than-expected results in its second-quarter earnings report. More about FMD. You must click the activation link in order to complete your subscription. Additional trend information regarding REVOLVE’s second quarter 2020 financial results and operating metrics is available in the Q2 2020 Financial Highlights presentation available on REVOLVE’s investor relations website. © 1998-2020 The Fashion Model Directory – FMD. All statements other than statements of historical or current fact included in this press release are forward-looking statements, including but not limited to statements regarding our expectations around the continued impact of the COVID-19 pandemic on our business, operations and financial results, and our updated financial assumptions for the full year. As a trusted, premium lifestyle brand, and a go-to online source for discovery and inspiration, we deliver an engaging customer experience from a vast yet curated offering of apparel, footwear, accessories and beauty styles. “While the COVID-19 pandemic has created significant headwinds for many companies, including REVOLVE, I am very proud of how the organization has responded,” said co-founder and co-CEO Mike Karanikolas. All of which makes the story of Los Angeles-based e-commerce clothing brand Revolve especially noteworthy.
Forward-looking statements involve risks and uncertainties. In any particular period, we determine our number of active customers by counting the total number of customers who have made at least one purchase in the preceding 12-month period, measured from the last date of such period. “We executed well against these priorities, which is evident in our results for the quarter. We define average order value as the sum of the total gross sales from our sites in a given period divided by the total orders placed in that period. A central authority for the fashion and luxury industry. Advertising. The conference ID for the call is 9657818. Revolve Clothing is the go-to place for cool-girl duds. We define an active customer as a unique customer account from which a purchase was made across our platform at least once in the preceding 12-month period. Agencies. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. All rights reserved. We view free cash flow as an important indicator of our liquidity because it measures the amount of cash we generate.
“Our team has done a phenomenal job remaining extremely nimble throughout this highly uncertain and fluid environment, finding innovative ways to deliver operating efficiencies throughout the business and rapidly adjusting our marketing and merchandising strategies to stay connected with our customer.” All forward-looking statements are qualified in their entirety by this cautionary statement, and Revolve Group, Inc. undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date hereof.


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