Revolve Group (RVLV) Tops Q2 EPS by 18c, Revenues Beat
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Revolve Group Announces Second Quarter 2020 Financial Results
August 12, 2020 4:03 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 second quarter ended June 30, 2020.
We delivered record EPS of $0.20, record operating cash flow of $54 million, and our fastest quarterly inventory turns in 6 years, during the most challenging economic climate in decades, said co-founder and co-CEO Michael Mente. Our team has done a phenomenal job remaining extremely nimble throughout this highly uncertain and fluid environment, finding innovative ways to deliver operating efficiencies throughout the business and rapidly adjusting our... More
