Revolve Group Full Year 2023 Earnings: EPS Beats Expectations
Revolve Group (NYSE:RVLV) Full Year 2023 Results
Key Financial Results
Revenue: US$1.07b (down 3.0% from FY 2022).
Net income: US$28.1m (down 52% from FY 2022).
Profit margin: 2.6% (down from 5.3% in FY 2022).
EPS: US$0.39 (down from US$0.80 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Revolve Group EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.1%.
Looking ahead, revenue is forecast to grow 10.0% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Specialty Retail industry in the US.
Performance of the American Specialty Retail industry.
The company's shares are up 32% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 1 warning sign for Revolve Group you should know about.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
