长沙U币钱包服务|【唯一TG:@heimifeng8】|电报盗号系统免杀破解技术✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨Revolve Q1 sales down 3% despite lift in active customer numbers
Benjamin Fitzgerald Published
May 8,长沙U币钱包服务 2025
Revolve Group said first-quarter sales were $270.6 million, down 3%, as lower sales at a markdown offset an increase in full price sales for the three months.
The owner of Revolve and Fwrd fashion e-commerce platforms said trailing 12-month active customers grew to 2,551,000 as of March 31, an increase of 5% year-over-year.
Revolve segment sales dipped 1% to $229.6 million, while Fwrd segment sales were $41 million, a year-over-year decrease of 15%. Domestic sales fell 3% to $219.1 million, while international sales fell 3% to $51.5 million.
Net income was $10.9 million, a year-over-year decrease of 23%, and included an insurance recovery of $2.8 million ($2.1 million, net of taxes) within other income, net.
"We delivered significant expansion of our gross margin and year-over-year efficiency in our variable logistics costs in the first quarter of 2025, which contributed to strong profitability and cash flow generation that further strengthened our balance sheet," said co-founder and co-CEO Mike Karanikolas.
"I am also encouraged that we returned to positive growth in net sales year-over-year during the final month of our first quarter of 2025 as well as during the first month of our second quarter of 2025."
In late February, the luxury fashion company announced the appointment of Marianna Hewitt as the creative director of its in-house label, L'Academie, after the addition of Jennifer Baxter Moser to its board of directors, back in January.