NYSE:RVLVSpecialty Retail
Does Revolve Group's (RVLV) Insider Sale After Earnings Beat Hint at Management's Risk-Reward Priorities?
In recent days, Mmmk Development and Co-CEO Michael Mente, together a ten percent owner of Revolve Group, sold 178,739 Class A shares for about US$4.7 million under a Rule 10b5-1 trading plan, shortly after the company reported third-quarter earnings that beat profit expectations but slightly missed revenue forecasts.
The combination of insider selling and stronger gross margins with solid EBITDA has sharpened investor attention on how Revolve balances growth, profitability, and leadership...