Trade Revolve Group, Inc. - RVLV CFD

Trading Conditions

• Type: CFD
• Spread: 0.12
• Long position overnight funding adjustment: -0.02154%
• Short position overnight funding adjustment: -0.00068%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 1
• Margin: 5.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premium: 1%

Key Stats

• Prev. Close: 22.63
• Open: 22.26
• 1-Year Change: -4.34%
• Day's Range: 22.07 - 22.84

About Revolve Group Inc

Revolve Group, Inc. is an online fashion retailer for Millennial and Generation Z consumers. The Company operates through two segments: REVOLVE and FORWARD. The REVOLVE segment offers a curated assortment of apparel and footwear, accessories, and beauty products. The FORWARD segment offers an assortment of luxury brands. The Company's product mix consists of approximately 49,000 apparel, footwear, accessories, and beauty styles. It offers merchandise across a variety of product types and brands. The brands it sells on its platform consists of a mix of established third-party and owned brands. Its platform connects a community of consumers, global fashion influencers, and over 1,000 brands. The Company offers a range of apparels, including active wear, denim, dresses, jackets and coats, jumpsuits, lingerie and sleepwear, loungewear, pants, shorts, skirts, tops, sweaters and knits, swimsuits and cover-ups, and rompers.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Revolve Group Inc revenues increased 54% to $891.4M. Net income increased 76% to $99.8M. Revenues reflect REVOLVE segment increase of 49% to $745.1M, FORWARD segment increase of 83% to $146.3M, United States segment increase of 55% to $726.3M, Rest of the world segment increase of 46% to $165.1M. Net income benefited from Other (income) expense, net decrease of 43% to $563K (expense).