Revolve Group (RVLV) Tops Q1 EPS by 4c
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Revolve Group Announces First Quarter 2022 Financial Results
May 3, 2022 4:05 PM EDTLOS ANGELES--(BUSINESS WIRE)-- Revolve Group, Inc. (NYSE: RVLV), the next-generation fashion retailer for Millennial and Generation Z consumers, today announced financial results for the first quarter ended March 31, 2022.
Weve had an exceptional start to the year, highlighted by 58% net sales growth year-over-year in the first quarter, record quarterly growth in active customers, and record levels of net income and operating cash flow for any first quarter, said co-founder and co-CEO Mike Karanikolas. These impressive results and our consistent delivery of profitable growth reflect outstanding performance across the REVOLVE and FWRD segments,... More
