Revolve Group, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 03, 2021 at 04:05 pm EDT
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Revolve Group, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was USD 244.06 million compared to USD 151.04 million a year ago. Net income was USD 16.67 million compared to USD 19.44 million a year ago. Basic earnings per share from continuing operations was USD 0.23 compared to USD 0.28 a year ago. Diluted earnings per share from continuing operations was USD 0.22 compared to USD 0.27 a year ago.
For the nine months, sales was USD 651.59 million compared to USD 439.9 million a year ago. Net income was USD 70.46 million compared to USD 37.83 million a year ago. Basic earnings per share from continuing operations was USD 0.97 compared to USD 0.54 a year ago. Diluted earnings per share from continuing operations was USD 0.95 compared to USD 0.52 a year ago.
Revolve Group, Inc. is a fashion retailer for Millennial and Generation Z consumers. The Company's segments include REVOLVE and FWRD. The REVOLVE segment offers an assortment of premium apparel, footwear, accessories and beauty products from emerging, established and owned brands. The FWRD segment offers a curated assortment of iconic designer and emerging luxury brands. The Company offers a curated assortment of over 100,000 apparel and footwear styles, as well as accessories, beauty and home products. Its brands include Lovers and Friends, GRLFRND, NBD, Camila Coelho and House of Harlow 1960. It works with suppliers and manufacturers in China, the United States, India and other countries. Customers can engage with the Company in approximately 12 languages and pay in over 50 currencies using one of 20 payment methods, including third-party alternatives that allow its customers to make installment payments. The Company also offers a loyalty program for its customers.
REVOLVE GROUP, INC. 
