Revolve Group Inc
For the period ended Jun 30, 2024. Filed Aug 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 6, 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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Condensed Consolidated Statements of Income
(In thousands, except per share data)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Net sales | $282,456 | $273,729 | $553,037 | $553,338 |
| Cost of sales | 129,850 | 126,031 | 258,929 | 266,420 |
| Gross profit | 152,606 | 147,698 | 294,108 | 286,918 |
| Operating expenses: | ||||
| Fulfillment | 9,272 | 9,401 | 18,665 | 18,472 |
| Selling and distribution | 50,442 | 50,893 | 98,880 | 102,351 |
| Marketing | 42,961 | 51,497 | 84,340 | 89,840 |
| General and administrative | 33,496 | 28,552 | 66,460 | 56,644 |
| Total operating expenses | 136,171 | 140,343 | 268,345 | 267,307 |
| Income from operations | 16,435 | 7,355 | 25,763 | 19,611 |
| Other income, net | (4,271) | (2,381) | (9,592) | (8,966) |
| Income before income taxes | 20,706 | 9,736 | 35,355 | 28,577 |
| Provision for income taxes | 5,329 | 2,433 | 9,105 | 7,102 |
| Net income | $15,377 | $7,303 | $26,250 | $21,475 |
| Earnings per share of Class A and Class B common stock: | ||||
| Basic | $0.22 | $0.10 | $0.37 | $0.29 |
| Diluted | $0.21 | $0.10 | $0.37 | $0.29 |
| Weighted average number of shares of Class A and Class B common stock outstanding: | ||||
| Basic | 70,833 | 73,442 | 70,880 | 73,406 |
| Diluted | 71,544 | 74,081 | 71,538 | 74,229 |
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