NYSE:RVLVSpecialty Retail
Does Revolve (RVLV) Pair Its New Flagship And Credit Flexibility With A Stronger Profit Play?
Earlier this month, Revolve Group, Inc. amended its long-standing credit agreement to extend its revolving credit facility’s maturity to February 2, 2031, adjust inventory-related borrowing capacity, and relax certain reporting and covenant requirements, while still having no outstanding borrowings under the line as of the amendment date.
At the same time, Revolve has been building out its physical footprint with a new flagship at The Grove in Los Angeles and drawing increased attention from...