I'm downgrading The RealReal to a neutral rating after a sharp rebound rally over the past few months; wait for the stock to fall to ~$4.50-$5.00 before buying back in. The stock's ~15% fall post-Q4 earnings reflects the fact that expectations have run high for The RealReal following its transition to a pure consignment model. Risks include tough macro conditions for luxury goods, especially in China, and significant competition from other consignment platforms and fashion houses.
The RealReal (REAL) came out with a quarterly loss of $0.62 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to loss of $0.07 per share a year ago.
Fourth quarter revenue of $164 million, up 14% year-over-year, a record high for the company2024 Net Loss of $134 million improved $34 million year-over-year, resulting in positive $9 million of Adjusted EBITDA2024 Operating Cash Flow of positive $27 million, increased $88 million year-over year, resulting in positive Free Cash Flow for the year
This Industry Outlook article has featured Interparfums, Central Garden & Pet, The RealReal, and Honest.
Interparfums, Central Garden & Pet Company, RealReal, and Honest Company emphasize a high-quality product approach and careful financial investments.
REAL's strong preliminary financial results for 2024 and strategic debt restructuring position it for sustained growth in 2025.
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.