Revolve Group (RVLV) Tops Q4 EPS by 1c, Revenues Miss

Revolve Group (NYSE: RVLV) reported Q4 EPS of $0.12, $0.01 better than the analyst estimate of $0.11. Revenue for the quarter came in at $147.56 million versus the consensus estimate of $152.56 million.

“We are proud to extend our long track record of achieving top-line growth and profitability, delivering net sales growth of over 20%, continued growth in profitability and exceptional cash flow in 2019,” said co-founder and co-CEO Michael Mente. “We are excited about our 2020 initiatives to continue building on the recent momentum in the Forward segment and International markets, while further investing in the core REVOLVE segment, including enhancing the owned brands platform and continuing to innovate in marketing, technology and customer experience,” added co-founder and co-CEO Mike Karanikolas.

For earnings history and earnings-related data on Revolve Group (RVLV) click here.

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