The RealReal Inc. (REAL) Misses Q2 EPS by 6c, Revenues Beat

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Go back to The RealReal Inc. (REAL) Misses Q2 EPS by 6c, Revenues Beat

The RealReal Announces Second Quarter 2020 Results

August 6, 2020 4:06 PM EDT

Q2 Gross Merchandise Value Decreased 20% Year over Year to $182.8 million
Q2 Total Revenue Decreased 21% Year over Year to $57.4 million
Q2 Gross Profit Decreased 22% Year over Year to $35.8 million

SAN FRANCISCO, Aug. 06, 2020 (GLOBE NEWSWIRE) -- The RealReal (Nasdaq: REAL)the worlds largest online marketplace for authenticated, consigned luxury goodstoday reported financial results for its second quarter ended June 30, 2020. 

Since we reported our Q1 results in early May, GMV trends have improved significantly with May GMV down approximately 19% Y/Y, and June GMV down 8% Y/Y.  Importantly, improvements have... More