NYSE:RVLVSpecialty Retail
Revolve Group (RVLV) Earnings Growth Rebounds, Premium Valuation Raises Expectations vs Market Narratives
Revolve Group (RVLV) posted revenue growth of 7% per year, trailing the US market’s expected 10.5% pace. EPS rose in line with a sharp earnings turnaround, up 37.6% from last year and reversing the company’s five-year average annual decline of 17.1%. Net profit margins climbed to 3.8%, compared to 3.1% a year ago, and earnings are projected to grow 15% annually, just shy of the US market’s 16% forecast. As shares trade above fair value at $22.18 and the Price-To-Earnings ratio stands at...