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Revolve Group Q2 Earnings Call Highlights
['Jeff Wilder']
Daily Political
Sales Growth Across Segments and Markets“We had a very solid quarter, highlighted by strong and profitable growth across segments and geographies,” Karanikolas said.
REVOLVE segment sales rose 13% year over year in the second quarter, while FWRD sales increased 11%.
Fashion apparel outpaced overall sales growth, led by wardrobe-essential categories including tops, pants, outerwear, intimates, shorts and jeans.
FWRD’s 11% sales growth was aided by a rebound in handbags, including pre-owned luxury handbags sold through FWRD Renew.
About Revolve Group (NYSE:RVLV)Revolve Group, Inc operates as a leading online fashion retailer primarily serving millennial and Gen Z consumers through its flagship e-commerce platform.