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REVOLVE partners with Snap+Style Business to power its online fashion stylists with technology to curate personalized looks for its shoppers faster.
Powering personalization and curation for e-commerce sites via its proprietary technology, Snap+Style Business (S+SB), the leading omnichannel retail technology platform for personalized shopping experiences, announced today its collaboration with REVOLVE Group, Inc. (NYSE:RVLV), the next generation fashion retailer for Millennial and Generation Z consumers, to drive sales growth and improve customer styling and service for S+SB's launch on Microsoft Azure. Following an initial launch of S+SB's StyleWidget™ in November 2019, the ecommerce powerhouse is fully integrating the platform into Style Experts, its online styling service, to continue the enhanced clienteling experience.
Revolve Group, Inc. (NYSE: RVLV) today announced that it will be participating in an upcoming episode of ABC’s The Bachelor. The episode will feature a special group date outing to the REVOLVE Social Club in Los Angeles on Monday, January 13 with the newest Bachelor, Peter Weber. The bachelorettes will participate in a REVOLVE fashion show, featuring product from REVOLVE’s in-house brands, judged by REVOLVE Chief Brand Officer Raissa Gerona, model and actress Janice Dickinson, and Emmy-Award winning TV personality and style expert Carson Kressley. This episode of The Bachelor, currently celebrating its 24th season, is scheduled to air January 13, 2020, at 8/7c, on ABC.
Concerns over rising interest rates and expected further rate increases have hit several stocks hard during the fourth quarter of 2018. Trends reversed 180 degrees in 2019 amid Powell's pivot and optimistic expectations towards a trade deal with China. Hedge funds and institutional investors tracked by Insider Monkey usually invest a disproportionate amount of their […]
2019 was one of the busiest years for IPOs, and the calendar was packed with big tech unicorns and popular consumer brands. Here are some of the hottest market debuts we saw this year.
Several digital native fashion retailers are worth taking a look at, according to DA Davidson. Analyst John Morris initiated coverage of several fashion retailers Tuesday, including Revolve Group LLC (NYSE: RVLV) with a Neutral rating and $19 price target. “Yet inventories have risen significantly faster than sales, most recently rising 31% in 3Q, ahead of 21% sales growth,” the analyst said.
Revolve Group, Inc. , the next-generation fashion retailer for Millennial and Generation Z consumers, will present at the following investor conferences in December:
Revolve Group, Inc. , the next-generation fashion retailer for Millennial and Generation Z consumers, today announced the launch of its first portfolio brand on FORWARD by Elyse Walker .
While Rachel Zoe has been able to successfully leverage her name into a handful of businesses, she isn’t so optimistic about the fashion industry at large.
Shares of e-commerce retailer Revolve Group Inc. fell 6% in Friday trading after the company's earnings announcement raised concerns about growth in its owned brands. Revolve has 24 brands. "I should mention that the expansion of owned brands as a percentage of Revolve segment net sales has slowed in the past couple of quarters compared to the very fast expansion through the first quarter of 2019," said Michael Karanikolas, Revolve's chief executive, on the earnings call, according to a FactSet transcript. He also said that the company's inventory levels are "higher than we would like." Cowen analysts led by Oliver Chen point out the margin pressure the company is under. "These pressures are somewhat self-induced, rather than a reflection of the environment, as Revolve strategically made heavy investments in owned-brand inventory ahead of launching new low-priced and owned brands over the past several quarters," analysts wrote. Cowen rates Revolve stock outperform, but cut its price target to $34 from $40. Revolve's owned brands are seen as a differentiator that boosts its millennial and Gen Z appeal. Revolve stock has plunged nearly 43% over the past three months while the S&P 500 index is up 4.8%.
Net Sales Increased 22% to $154.2 million Net Income Increased 34% to $9.6 million Adjusted EBITDA Increased 40% to $14.4 million
Revolve Group, Inc. announced today that it will release financial results for the third quarter ended September 30, 2019 after the market close on Thursday, November 7, 2019, followed by a conference call at 1:30 PM / 4:30 PM on the same day.
Like everyone else, elite investors make mistakes. Some of their top consensus picks, such as Amazon, Facebook and Alibaba, have not done well in Q4 due to various reasons. Nevertheless, the data show elite investors' consensus picks have done well on average over the long-term. The top 20 stocks among hedge funds beat the S&P […]
During the Lightning Round of Thursday night's "Mad Money" program, a caller asked Jim Cramer about Revolve Group . Revolve has not been trading for long, but we have good price history to work with on Etsy, the Brooklyn, N.Y., online marketplace for craft supplies and vintage goods. In the daily bar chart of Etsy below, we see that prices rallied from last October to early March.
On CNBC's "Mad Money Lightning Round," Jim Cramer said he doesn't like the airlines right now. It's not the right place to be. He would take a look at Delta Air Lines, Inc. (NYSE: DAL ) when ...
Revolve Group has shed nearly a quarter of its value in August, a sharp contrast to a stock that nearly doubled when it went public in June.
(Bloomberg) -- Shares in three of the year’s hottest IPOs, Uber Technologies Inc., Revolve Group Inc. and Fastly Inc., plunged Friday as the latest batch of newly listed companies reported some of the most disappointing results this earnings season.Uber shares ended Friday 6.8% lower after the ride-hailing company missed sales estimates. Revolve fell 15.6% after the fashion e-tailer reported earnings below expectations. And Fastly, which saw its shares dip below its IPO price intraday, declined 18.1% after reporting lighter than expected margins.The disappointment spread to other IPOs that have not even reported yet, with RealReal Inc. shares tumbling 23% to below its IPO price of $20.Call it an upset, given the hype that tends to follow IPOs. Among the nearly 20 freshly listed companies that reported earnings this week, the majority fell in the next session. IPOs are rising 0.2% on average following reports, lagging behind S&P 500 stocks, which climbed 5.3% on average, according to data compiled by Bloomberg.Other newcomers on deck to report earnings include Adaptive Biotechnologies Corp., Greenlane Holdings Inc., RealReal Inc., and Grocery Outlet Holding Inc. They are among the more well-received IPOs of this year with stocks that opened at least 40% above their offer prices. All are first-time reporters.Cross-border IPOs will be tested as well when China’s big brands So-Young International Inc. and Luckin Coffee Inc. do their show-and-tell.(Updates shares in 1st and 2nd paragraphs, adds RealReal shares in 3rd.)\--With assistance from Drew Singer.To contact the reporter on this story: Crystal Kim in New York at email@example.comTo contact the editors responsible for this story: Brad Olesen at firstname.lastname@example.org, Jennifer Bissell-Linsk, Richard RichtmyerFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Revolve went public in June of 2019 with a market cap of $1.5 billion dollars. The online clothing company is known for its influencer marketing tactics to grow its business, which was founded in 2003. Revolve Chief Brand Officer Raissa Gerona joins Yahoo Finance's On the Move to break down the details in this week's Women and Money segment, sponsored by USAA.