Revolve Group Announces Fourth Quarter and Full Year 2020 Financial Results
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Revolve Group (RVLV) Tops Q4 EPS by 15c, Revenues Beat
February 24, 2021 4:50 PM ESTRevolve Group (NYSE: RVLV) reported Q4 EPS of $0.26, $0.15 better than the analyst estimate of $0.11. Revenue for the quarter came in at $140.75 million versus the consensus estimate of $135.28 million.
Q4 2020 Highlights
Total net sales were $140.8 million, a year-over-year (YoY) decrease of 5%.Gross margin was 56.0%, a YoY increase of 305 basis points and the highest-ever gross margin reported for a fourth quarter. Gross margin benefitted from improved inventory dynamics that contributed to a YoY... More