Revolve Group, Inc. (RVLV, Financial) experienced a significant stock price drop of 5.09%, trading at $34.65 per share. The trading volume reached 294,802 shares, with a turnover rate of 0.42% and a price fluctuation of 5.66%. Recent financial reports show revenues of $283 million, a net profit of $10.97 million, and earnings per share of $0.16. The company has a price-to-earnings ratio of 60.98.
Among 17 rating institutions, 41% recommend buying, 53% suggest holding, and 6% advise selling. The internet retail sector, where Revolve operates, saw an overall decline of 1.94%. Notable performers in the sector include Linkage Global Inc and Kidpik Corp., while Webuy Global Ltd. and Jeffs' Brands Ltd. were active with high turnover rates.
Revolve Group is an e-commerce retailer specializing in women's fashion and beauty products, focusing on mobile commerce and influencer marketing. In 2023, it reported net sales of $1.1 billion, maintaining strong revenue growth through digital channels.
