Revolve Group (RVLV) Tops Q4 EPS by 15c, Revenues Beat
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Revolve Group Announces Fourth Quarter and Full Year 2020 Financial Results
February 24, 2021 4:03 PM ESTLOS 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 fourth quarter and full year ended December 31, 2020.
Our highly profitable fourth quarter capped a year of record net income and cash flow generation achieved despite the challenging COVID-19 backdrop, said co-founder and co-CEO Michael Mente. Our 2020 results are a true testament to our teams agility, highlighted by $57 million in net income and $74 million in operating cash flow, representing year-over-year increases of approximately 60 percent on both measures.
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