Revolve GroupRVLV
About: The Revolve Group is an emerging e-commerce retailer, selling women's dresses, handbags, shoes, beauty products, and incidentals across its marketplace properties, Revolve and FWRD. The platform is built to suit the "next-generation customer," emphasizing mobile commerce, influencer marketing, and occupying an aspirational but attainable luxury niche. With $1.1 billion in 2023 net sales, the firm sits just outside the top 30 apparel retailers (by sales) in the US, but has consistently generated robust top-line growth as the industry continues to favor digital channels. Revolve generates approximately 20% of sales from private-label offerings, while focusing on building an inventory of unique products from emerging fashion brands with less than $10 million in annual sales.
Employees: 1,478
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
33% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 27
5% more funds holding
Funds holding: 185 [Q1] → 194 (+9) [Q2]
2.5% more ownership
Funds ownership: 126.87% [Q1] → 129.37% (+2.5%) [Q2]
6% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 68
23% less capital invested
Capital invested by funds: $1.03B [Q1] → $787M (-$239M) [Q2]
33% less call options, than puts
Call options by funds: $5.44M | Put options by funds: $8.09M
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
UBS Jay Sole 57% 1-year accuracy 13 / 23 met price target | 5%downside $25 | Neutral Maintained | 17 Oct 2024 |
Barclays Trevor Young 64% 1-year accuracy 18 / 28 met price target | 35%downside $17 | Underweight Maintained | 2 Oct 2024 |
TD Cowen Oliver Chen 41% 1-year accuracy 9 / 22 met price target | 6%upside $28 | Buy Maintained | 27 Aug 2024 |
TD Cowen Oliver Chen 41% 1-year accuracy 9 / 22 met price target | 6%upside $28 | Buy Maintained | 26 Aug 2024 |
Piper Sandler Anna Andreeva 51% 1-year accuracy 20 / 39 met price target | 14%upside $30 | Overweight Assumed | 23 Aug 2024 |