|Bid||13.59 x 800|
|Ask||13.64 x 800|
|Day's Range||13.55 - 14.50|
|52 Week Range||5.00 - 30.05|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 06, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||15.08|
Today, The RealReal (REAL)—the world’s largest online marketplace for authenticated, consigned luxury goods—announced Todd Suko has joined the company as its Chief Legal Officer and Secretary. “Todd brings nearly two decades of experience building high-performing legal teams and leading legal strategy for publicly traded, consumer and technology companies,” said Julie Wainwright, CEO of The RealReal. As Chief Legal Officer and Secretary, Suko is responsible for leading The RealReal’s legal team and overseeing regulatory compliance and reporting, litigation and risk mitigation, as well as providing strategic counsel on securities laws, transactions, and corporate governance to its executive management and board of directors.
Today, The RealReal (REAL)—the world’s largest online marketplace for authenticated, consigned luxury goods—is launching a charity mask sale with proceeds to support the Fashion Girls for Humanity Gowns for Good Made In America initiative, which provides PPE made by small businesses in the fashion and garment industries to frontline medical workers. Hosted in partnership with Fashion Girls for Humanity, the sale features a curated collection of custom masks by Albertus Swanepoel, Alabama Chanin, Collina Strada, Greg Lauren, Karla Colletto, Maison Modulare, M.Patmos and Sea.
The RealReal (REAL)--the world’s largest online marketplace for authenticated, consigned luxury goods--today announced that Chief Financial Officer Matt Gustke will participate in Cowen and Company 2020 Consumer Platforms for the Next Generation Conference on May 27, Stifel’s 3rd Annual Cross Sector Insight Conference on June 9, and Wells Fargo’s “Bricks to Clicks” Digital Conference on June 25. A live webcast of the sessions will be available within the Events section of The RealReal’s investor relations website at https://investor.therealreal.com/news-events/events. The RealReal is the world’s largest online marketplace for authenticated, consigned luxury goods.
What happened Shares of many apparel and home-goods stores did very well in April, as investors grew more upbeat about their cash situations and ability to withstand store-closures amid the coronavirus pandemic — and, later in the month, about the growing likelihood of seeing stores reopen in May.
Shares of The RealReal (NASDAQ: REAL) were higher on Thursday after the luxury-fashion consignment specialist reported a loss for the first quarter that was less than Wall Street had expected and said that its sales remained strong. The RealReal reported its first-quarter results after the market closed on Wednesday, and they weren't bad. The RealReal does have four brick-and-mortar stores that have been closed since mid-March amid the coronavirus pandemic, but nearly all of its revenue is generated via its online storefront.
Ladies and gentlemen, thank you for standing by, and welcome to The RealReal first-quarter 2020 financial results conference call. Good afternoon, and welcome to The RealReal's earnings call for the quarter ended March 31, 2020. Joining me today to discuss our results are founder and CEO, Julie Wainwright; and chief financial officer, Matt Gustke.
The RealReal (NASDAQ: REAL) released its first-quarter 2020 results after market hours on Wednesday, revealing low double-digit growth in several key line items. On gross merchandise value (or GMV, defined by the company as "the total amount paid for goods across our online marketplace in a given period") that rose 15%. This meant a mixed quarter for The RealReal.
Q1 Gross Merchandise Value Increased 15% Year over Year to $257.6 million Q1 Total Revenue Increased 11% Year over Year to $78.2 million Q1 Gross Profit Increased 16% Year.
The RealReal (REAL)--the world’s largest online marketplace for authenticated, consigned luxury goods--today announced that it will release its financial results for the first quarter ended March 31, 2020, after the market close on May 6, 2020. The RealReal will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to review its results with the investment community. The RealReal is the world’s largest online marketplace for authenticated, consigned luxury goods.
Shares of The RealReal (NASDAQ: REAL) are going up a lot on Monday. Retail stocks are trading higher today in general as investors are seemingly optimistic about the imminent reopening of the U.S. economy. The RealReal filed with the Securities and Exchange Commission on Friday, but it's not the kind of news that investors typically favor.
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
The CEO said the luxury consignment brand fell victim to the "new reality" of COVID-19 in a release accompanying preliminary first quarter results.
Online consignment company The RealReal is the latest tech company to lay off and furlough employees amid the COVID-19 pandemic. In the company's quarterly earnings report today, The RealReal announced layoffs affecting 10% of its workforce and furloughs impacting 15% of employees. In a press release, The RealReal said these changes are designed to "support its employees through the pandemic and ensure the team is well positioned for a strong restart on the other side of this health crisis."
An apparent slowdown in deaths and hospitalizations from the coronavirus that causes COVID-19 the U.S. epicenter New York weighed against a grim forecast for the global economy and a widening row between President Donald Trump and state governors over how to get Americans back to work.
The RealReal expects to post a first-quarter loss and is slashing costs, including a 10% job cut, as the coronavirus takes a toll on the luxury-goods-consignment chain.
Shares of RealReal Inc. slumped 2.4% in morning trading Tuesday, after the online luxury consignment site warned of a wider-than-expected net loss for the first quarter, but provided an upbeat outlook on gross merchandise volume (GMV). The company also said in response to the negative effects of the COVID-19 pandemic, it has cut its overall workforce by 10% and furloughed about 15% of its staff, as it has temporarily closed its stores and luxury consignment offices. The company said it was off to a "strong start" for the quarter until the spread of COVID-19 led to shelter-in-place and social distancing mandates. It now expects a first-quarter net loss of $39.9 million to $38.9 million, compared with the FactSet consensus for a loss of $30.4 million. Gross merchandise value is expected to be up about 15% from a year ago to $258 million; the average estimate of two analysts surveyed by FactSet was $224.5 million, with a range of $156.9 million and $292.0 million. The stock has shed 56.9% over the past three months, while the S&P 500 has lost 14.0%.
The RealReal (RLBY)—the world’s largest online marketplace for authenticated, consigned luxury goods—today announced preliminary results for the quarter ended March 31, 2020. Based on information available through April 13, Gross merchandise volume (GMV) is expected to be approximately $258 million, up 15% year over year. The RealReal ended the first quarter well capitalized with approximately $303 million in cash, cash equivalents and short-term investments.
The RealReal (REAL)—the world’s largest online marketplace for authenticated, consigned luxury goods—today withdrew its outlook for the first quarter and full year 2020 as a result of the growing impact of the coronavirus (COVID-19) on its business. Effective today, the company is closing its Brisbane, Calif., e-commerce center in response to the shelter in place directive from the San Mateo County Health Department currently expected to remain in place through April 7. The company is also suspending consignment and shopping appointments in its San Francisco Luxury Consignment Offices and flagship store, as well as shifting all Bay Area White Glove in-home consignment to virtual appointments only.
Chief executives at 38 Bay Area companies led their businesses to initial public offerings in 2019. Here's a deeper look at them.
The RealReal Inc. said Sunday that it was temporarily shifting all of its physical stores and luxury consignment offices to be "appointment only" starting March 16, citing current guidance "social distancing" given the COVID-19 pandemic. The plan is to restore full services on March 27, but the online consigned luxury goods seller said the timing may change depending on how the situation evolves. The company said it is now offering appointments for virtual discussions of consignmentsand curbside valet pickup. RealReal's stock has plunged 42.7% over the past month through Friday, while the Amplify Online Retail ETF has lsot 25.3% and the S&P 500 has declined 19.8%.
SAN FRANCISCO, March 15, 2020 -- Today, The RealReal (Nasdaq: REAL)—the world’s largest online marketplace for authenticated, consigned luxury goods—issued the below letter.
Today, The RealReal (REAL)—the world’s largest online marketplace for authenticated, consigned luxury goods—announced it has engaged with LeadsOnline, the nation’s largest online investigation service, to help law enforcement catch criminals who traffic in stolen luxury goods. The RealReal has a long history of working with local, and where appropriate federal, law enforcement to assist in stolen property investigations. Today it is expanding those efforts to a national level to help prevent the trafficking and sale of stolen luxury goods.
SAN DIEGO, March 10, 2020 -- The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in NASDAQ: REAL shares. Investors, who purchased.
With its fourth brick and mortar store, The RealReal is staking another outpost in a potentially massive resale market for luxury products just sitting in U.S. homes.