RealReal (REAL) Company Overview

TORONTO, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Real Matters Inc. (TSX: REAL) (“Real Matters” or the “Company”), a leading network management services platform for the mortgage and insurance industries, today announced its financial results for the first quarter ended December 31, 2024. “We reported consolidated revenue of $41.0 million in the first quarter, up 16% year-over-year, and consolidated Net Revenue(A) increased 12% led by growth in all three segments.

HOUSTON, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Today, The RealReal (Nasdaq: REAL), the world's largest online marketplace for authenticated, resale luxury goods, is excited to announce the opening of its newest location in Houston's award-winning Montrose Collective project. This location marks The RealReal's fifteenth brick-and-mortar location and the second in Texas.

The luxury fashion world's loss has been The RealReal's gain this year. As The Wall Street Journal (WSJ) reported Thursday (Dec. 19), sales for the luxury resale website have grown for three quarters in a row as shoppers seek secondhand prices for first-class goods from the likes of Gucci and Chanel.

The RealReal (REAL) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

I really like the S&P 500, but I want to clarify that there are actually thousands of stocks available. Another index is the Russell 2000, which includes about 2,000 smaller companies, each valued at $10 billion or less, though a few may be worth more.

Don't get me wrong -- I love the S&P 500. It's a curated stock market index comprised of around 500 of the biggest, most profitable U.S.-based businesses.

RealReal Inc. (REAL) rallied close to 40% after getting an upgrade and price target hike from Wells Fargo. George Tsilis talks about what makes the resale luxury good marketplace attractive for the analyst.

Michael Burry of ‘The Big Short' fame is known for his deft handling of the 2008 subprime mortgage crisis, which netted him $100 million and his clients seven times as much. However, he hasn't been resting on his laurels — through his firm, Scion Asset Management, Burry remains quite an active investor.

The RealReal's shift to a consignment model has driven revenue growth, improved gross margins, and increased active buyers, leading to strong Q3 performance. GMV growth re-accelerated to 6% y/y in Q3, while the company also gained trailing 3-moonth active buyers. REAL is pushing its luxury sales managers to procure products with higher GMV and margins, which should help the company retain richer margins into FY25.