Revolve Group Inc
For the period ended Dec 31, 2023. Filed Feb 27, 2024.
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FY2023 · Filed Feb 27, 2024
RVLV$19.95-1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income
(In thousands, except per share data)
| Year Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Net sales | $1,068,719 | $1,101,416 | $891,390 |
| Cost of sales | 514,520 | 509,093 | 401,567 |
| Gross profit | 554,199 | 592,323 | 489,823 |
| Operating expenses: | |||
| Fulfillment | 36,654 | 31,804 | 21,322 |
| Selling and distribution | 197,052 | 190,419 | 133,506 |
| Marketing | 171,774 | 181,648 | 140,398 |
| General and administrative | 126,585 | 115,312 | 89,306 |
| Total operating expenses | 532,065 | 519,183 | 384,532 |
| Income from operations | 22,134 | 73,140 | 105,291 |
| Other (income) expense, net | (15,627) | (3,476) | 563 |
| Income before income taxes | 37,761 | 76,616 | 104,728 |
| Provision for income taxes | 9,614 | 17,919 | 4,888 |
| Net income | $28,147 | $58,697 | $99,840 |
| Earnings per share of Class A and Class B common stock: | |||
| Basic | $0.39 | $0.80 | $1.38 |
| Diluted | $0.38 | $0.79 | $1.34 |
| Weighted average number of shares of Class A and Class B common stock outstanding: | |||
| Basic | 72,961 | 73,314 | 72,513 |
| Diluted | 73,583 | 74,520 | 74,547 |
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