The RealReal Inc. (REAL) Misses Q3 EPS by 3c, Revenues Beat

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The RealReal Announces Third Quarter 2020 Results

November 9, 2020 4:05 PM EST

Q3 GMV Growth Improved 17% Q/Q; Decreased 3% Y/Y to $245.4 millionQ3 Total Revenue Improved 16% Q/Q; Decreased 4% Y/Y to $78.1 millionQ3 Gross Profit Improved 18% Q/Q; Decreased 5% Y/Y to $49.8 million

SAN FRANCISCO, Nov. 09, 2020 (GLOBE NEWSWIRE) -- The RealReal (Nasdaq: REAL)the worlds largest online marketplace for authenticated, consigned luxury goodstoday reported financial results for its third quarter ended Sept. 30, 2020.

Improving trends in New York City and Los Angeles, momentum with virtual appointments and continued strength in the The RealReal B2B vendor program improved our ability to... More