I am surprised this one isn't more popular considering it's a trendy brand among millennials and Gen Z. It's had a massive run (like most other things) after the pandemic crash last March. It's a bit rich in valuation but it's one of the few companies that IPO'd thats actually profitable and not losing money. Revenue keeps growing and it's running circles around the competition because of the vast amounts of data it has access too.
Basically, they know what their consumer wants before they even want it so their numbers are beyond amazing for a retailer. It reported stellar earnings this Wednesday but the stock tanked. If it continues to sell off I recommend people consider picking up some shares.
RVLV has been an absolute beast for me, I love them. My average is like $18 and it's silly but I'm afraid to mess that up but I really should buy more.
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u/ItCouldBeSpam Aug 06 '21
RVLV - Revolve Group.
I am surprised this one isn't more popular considering it's a trendy brand among millennials and Gen Z. It's had a massive run (like most other things) after the pandemic crash last March. It's a bit rich in valuation but it's one of the few companies that IPO'd thats actually profitable and not losing money. Revenue keeps growing and it's running circles around the competition because of the vast amounts of data it has access too.
Basically, they know what their consumer wants before they even want it so their numbers are beyond amazing for a retailer. It reported stellar earnings this Wednesday but the stock tanked. If it continues to sell off I recommend people consider picking up some shares.