The RealReal, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 09, 2022 at 04:10 pm EDT
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The RealReal, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported Revenue was USD 154.44 million compared to USD 104.91 million a year ago. Net loss was USD 53.17 million compared to USD 70.72 million a year ago. Basic loss per share from continuing operations was USD 0.56 compared to USD 0.78 a year ago. Diluted loss per share from continuing operations was USD 0.56 compared to USD 0.78 a year ago.
For the six months, Revenue was USD 301.14 million compared to USD 203.73 million a year ago. Net loss was USD 110.58 million compared to USD 126.72 million a year ago. Basic loss per share from continuing operations was USD 1.17 compared to USD 1.4 a year ago. Diluted loss per share from continuing operations was USD 1.17 compared to USD 1.4 a year ago.
The RealReal, Inc. provides an online marketplace for authenticated, consigned luxury goods. The Company provides a platform for consumers to buy and sell their luxury items. The Company offers products across multiple categories, including women's fashion, men's fashion, jewelry and watches. The luxury designers on its online marketplace include Cartier, Chanel, Christian Louboutin, Gucci, Hermes, Louis Vuitton, Prada, Rolex, Tiffany & Co., and Valentino. The Company operates a retail store, including its larger footprint stores in Los Angeles, California, and New York. In addition, it operates retail stores, including its smaller footprint neighborhood retail stores, or neighborhood Stores.
THE REALREAL, INC. 
