The RealReal

The RealReal, Inc. operates an online marketplace for consigned luxury goods. It engages in the consignment of luxury goods across multiple categories, including women's, men's, kids, jewelry, watches, home and art. It sells pieces from designers such as Chanel, Christian Louboutin, Gucci, Hermes, Louis Vuitton, Prada, Celine, Jimmy Choo, Burberry, and Valentino. The company was founded by Julie Wainwright and Marcy Carmack on March 29, 2011 and is headquartered in San Francisco, CA.

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The RealReal reports positive Q4 earnings, targets profitability by 2024

The RealReal's Q4 2022 earnings call highlighted positive financial progress, a focus on achieving profitability, and key initiatives to drive operational efficiency. Challenges include addressing concerns about take rate and buyer behavior post-commission changes. Opportunities lie in refining operations, adjusting commission rates, and enhancing the buyer value proposition.

The RealReal surpasses revenue targets, eyes profitability by 2024

The RealReal delivered strong financial performance, focusing on cost management and profitability. Optimized consignment supply and customer service enhancements drove revenue growth.
Challenges include declining direct revenue and the need to balance pricing optimization with customer loyalty. Opportunities lie in new revenue streams and customer experience enhancements.
Confidence in achieving profitability by 2024, with a commitment to customer loyalty and sustainability in luxury resale market.

The RealReal beats Q2 expectations, eyes profitability in 2024

The RealReal's Q2 performance exceeded expectations with a focus on high-margin consignment business.
Efforts to optimize marketing spend, explore new revenue streams, and grow membership base are key strengths.
Challenges include managing convertible notes, returns, and balancing traditional business with new partnerships.
Opportunities lie in growing supply, unlocking more buyers, and deploying advertising for revenue enhancement.

The RealReal (REAL) surpasses Q3 expectations, eyes profitability in 2024

The RealReal (REAL) delivered strong financial performance in Q3 2023, exceeding revenue and EBITDA guidance.
While facing challenges such as decelerating active buyer growth and CFO transition, the company remains focused on profitability and operational efficiencies.
Opportunities lie in optimizing marketing strategies, driving growth in direct revenue, and leveraging high-end product quality and supply dynamics.
Overall, The RealReal (REAL) is well-positioned for future success with a strategic focus on higher-margin consignment business and customer-centric operations.

The RealReal exceeds Q4 expectations, eyes growth through strategic initiatives

The RealReal's strong financial performance in Q4 2023, leadership updates, and strategic initiatives position the company for continued growth and profitability.
While facing challenges such as fluctuating active buyers and revenue mix, opportunities in automation, AI, and customer engagement present avenues for future success.
With a focus on operational efficiency, debt reduction, and revenue diversification, The RealReal aims to achieve breakeven adjusted EBITDA in 2024 and drive sustainable growth.
Emphasis on pricing power, customer engagement, and sustainability underscores The RealReal's commitment to delivering a luxury resale experience and capturing market opportunities.

The RealReal (REAL) reports robust Q1 growth and focuses on AI-driven profitability

The RealReal (REAL) delivered a strong Q1 performance with a focus on profitable growth and enhancing the client experience through AI and automation. While facing challenges in managing costs and sustaining growth, the company is well-positioned to capitalize on opportunities in new supply channels and operational efficiencies.

The RealReal (REAL) reports robust Q2 results and positive 2024 outlook

REAL's Q2 performance reflects strong growth and financial improvement, with a positive outlook for full year 2024.
The company's focus on operational efficiencies, margin expansion, and new supply channels positions it for continued success.
Challenges lie in addressing seasonal patterns, revenue expectations, and maintaining consumer interest amidst evolving trends.

The RealReal reports strong Q3 results, focuses on growth strategies

The RealReal's Q3 performance reflects solid growth and financial stability, driven by effective sales, marketing, and operational strategies. While facing challenges in margin improvements and competitive landscape, the company's focus on operational excellence and service remains a key strength. Opportunities lie in optimizing margins, leveraging consumer trends, and strategic expansion.

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The RealReal, Inc. is an online marketplace for consigned luxury goods, which engages in the consignment of luxury goods across multiple categories, including women's, men's, kids, jewelry, watches, home, and art. It sells pieces from designers such as Chanel, Christian Louboutin, Gucci, Hermes, Louis Vuitton, Prada, Celine, Jimmy Choo, Burberry, and Valentino. The company was founded by Julie Wainwright and Marcy Carmack on March 29, 2011 and is headquartered in San Francisco, CA.

The RealReal, Inc. went public in June 2019 at a price of $20.00 per share, while the stock is now barely above $1.00. The firm operates a premium online apparel marketplace and retail location network.

The RealReal Is Facing A Challenging Transition Period Ahead

SAN FRANCISCO, April 13, 2023 (GLOBE NEWSWIRE) -- The RealReal  (Nasdaq: REAL)—the world's largest online marketplace for authenticated, resale luxury goods—today announced that it will release its financial results for the first quarter ended March 31, 2023 after the market closes on May 9, 2023.

The RealReal Announces Timing of Its First Quarter 2023 Earnings Conference Call

The New CEO aims to increase the supply of high-value goods and focus on consignor clients. This could improve The RealReal's profitability and leverage its strength better. The company continues to grow its client base and its operating metrics are still stable.

New CEO Likely To Walk The RealReal Towards Profitability

The RealReal has added resources to help consignors do business on the luxury resale marketplace. The firm has enhanced its consignment service model and added new sources of pricing data, The RealReal said in a Wednesday (March 29) press release.

The RealReal Adds Concierge Team and Data Sources for Consignors

The RealReal has just brought in a new CEO with the initial mandate to reach profitability. Over the past eight months, interim co-ceos started the process with results starting to show.

How The RealReal Will Pivot From Growth To Profits

Salesforce

SAN FRANCISCO--(BUSINESS WIRE)--Salesforce (NYSE: CRM), the global leader in CRM, today announced that The RealReal, Inc. (NASDAQ: REAL) — a leading online marketplace for resale luxury goods — has optimized and streamlined the overall consignor and shopper journey with Salesforce, creating a fully-personalized, intuitive digital selling and shopping experience.

The RealReal Leverages Salesforce Technology to Create Seamless, High End Secondhand Selling Experiences

RealService, pricing features and data insights empower customers to easily and seamlessly buy and sell luxury RealService, pricing features and data insights empower customers to easily and seamlessly buy and sell luxury

The RealReal Invests In Seller Experience, Continues to Deliver Unparalleled Luxury Consignment

The RealReal, Inc. (NASDAQ:REAL ) Q4 2022 Earnings Conference Call February 28, 2023 5:00 PM ET Company Participants Caitlin Howe - Senior Vice President of Investor Relations Rati Levesque - President and Chief Operating Officer Robert Julian - Chief Financial Officer John Koryl - Chief Executive Officer Conference Call Participants Anna Andreeva - Needham & Company Mark Altschwager - Robert W. Baird Blake Anderson - Jefferies Kunal Madhukar - UBS Noah Zatzkin - KeyBanc Capital Markets Marvin Fong - BTIG Nathan Feather - Morgan Stanley Edward Yruma - Piper Sandler Operator Good day and thank you for standing by.

The RealReal, Inc. (REAL) Q4 2022 Earnings Call Transcript

Q4 and FY 2022 Gross Merchandise Value Increased Year-Over-Year 13% and 23%, respectivelyQ4 and FY 2022 Total Revenue Increased Year-Over-Year 10% and 29%, respectivelyCash & Cash Equivalents at Year-End was $294 million

The RealReal Announces Fourth Quarter and Full Year 2022 Results

Luxury reseller RealReal Inc. REAL, +15.58% plans to lay off 7% of its staff, representing about 230 employees, the company disclosed Thursday morning in a filing with the Securities and Exchange Commission. In a bid to cut costs, RealReal will also close two flagship stores in San Francisco and Chicago, two neighborhood stores in Atlanta and Austin, and two luxury consignment offices in Miami and Washington, DC.

RealReal to cut 7% of staff, or about 230 employees

eBay

Poshmark

Beni aggregates resale listings from over 30 marketplaces in one place for users as they shop on Nordstrom, Nike, and about 1,000 other sites.

How to snag discounts through Beni, an online shopping tool that hunts for resale deals on Poshmark, eBay, and The RealReal

SAN FRANCISCO, Feb. 01, 2023 (GLOBE NEWSWIRE) -- The RealReal  (Nasdaq: REAL)—the world's largest online marketplace for authenticated, resale luxury goods—today announced that it will release its financial results for the fourth quarter and full year ended December 31, 2022, after the market closes on February 28, 2023.

The RealReal Announces Timing of Its Fourth Quarter and Full Year 2022 Earnings Conference Call

SAN FRANCISCO, Jan. 25, 2023 (GLOBE NEWSWIRE) -- The RealReal, Inc. (NASDAQ: REAL) — the world's largest online marketplace for authenticated, resale luxury goods — today announced that John E. Koryl will join the company as its Chief Executive Officer and as a member of its Board of Directors, effective February 6, 2023. The company's Co-Interim Chief Executive Officers, Rati Sahi Levesque and Robert Julian, will remain with the company as President and Chief Operating Officer, and Chief Financial Officer, respectively.

The RealReal Appoints E-Commerce and Digital Executive John E. Koryl as CEO and Board Member

All generations seek resale for value; Adoption of fair condition items continues to grow All generations seek resale for value; Adoption of fair condition items continues to grow

The RealReal 2023 Luxury Consignment Reveals Consumer Shopping Habits During Economic Uncertainty

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The company continues to improve on its adjusted EBITDA and margin. Management laid out its path for profitability in its earnings report.

The RealReal: A Look At Its Path To Profitability

SAN FRANCISCO, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Heading into 2023, The RealReal – the world's largest online marketplace for authenticated, resale luxury goods – intends to double down on its efforts to ensure an unparalleled luxury consignment experience to its millions of members. Building on key initiatives started in Q4 2022, the company will continue to focus on its new consignor concierge service, and an enhanced loyalty program, and its data insights center offering in the coming year.

The RealReal Focuses on New Initiatives in 2023 to Improve Consignor Experience

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Enservco

Harvard Bioscience

Philip Morris

Tesla

Walmart

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Real Matters Inc. (OTCPK:RLLMF) Q4 2022 Earnings Conference Call November 16, 2022 10:00 AM ET Company Participants Lyne Beauregard - Vice President, Investor Relations and Corporate Communications Brian Lang - Chief Executive Officer Bill Herman - Executive Vice President and Chief Financial Officer Conference Call Participants Thanos Moschopoulos - BMO Capital Markets Daniel Chan - TD Securities Gavin Fairweather - Cormark Robert Young - Canaccord Martin Toner - ATB Capital Markets Steven Li - Raymond James Operator Good day ladies and gentlemen, and welcome to the Real Matters Fourth Quarter and Fiscal 2022 Conference Call. At this time, all lines are in a listen-only mode.

Real Matters Inc. (RLLMF) Q4 2022 Earnings Call Transcript

Shares of RealReal Inc. REAL, -4.49% were down 6.1% toward a record-low close in afternoon trading Wednesday, after the luxury goods consignment company reported third-quarter revenue that missed expectations and provided a downbeat outlook for the current quarter. The company reported late Tuesday net losses that narrowed to $47.3 million, or 49 cents a share, from $57.2 million, or 62 cents a share, in the year-ago period.

RealReal stock reeling after revenue miss, downbeat outlook prompts downgrade

RealReal, Inc. (NASDAQ:REAL ) Q3 2022 Earnings Conference Call November 8, 2022 5:00 PM ET Company Participants Caitlin Howe - VP, IR Rati Levesque - Co-Interim CEO, President & COO Robert Julian - Co-Interim CEO & CFO Conference Call Participants Marvin Fong - BTIG Kunal Madhukar - UBS Jonna Kim - Cowen Tom Nikic - Wedbush Securities Irwin Boruchow - Wells Fargo Securities Simeon Siegel - BMO Capital Markets Michael Binetti - Crédit Suisse Noah Zatzkin - KeyBanc Capital Markets Lauren Schenk - Morgan Stanley Anna Andreeva - Needham & Company Edward Yruma - Piper Sandler Operator Good day, and thank you for standing by. Welcome to the RealReal's Third Quarter 2022 Earnings Results Conference Call.

RealReal, Inc. (REAL) Q3 2022 Earnings Call Transcript

The RealReal (REAL) delivered earnings and revenue surprises of 5% and 4.17%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

The RealReal (REAL) Reports Q3 Loss, Misses Revenue Estimates

Q3 2022 Gross Merchandise Value Increased 20% Year-Over-YearQ3 2022 Total Revenue Increased 20% Year-Over-YearCash & Cash Equivalents at Quarter-End was $300 million

The RealReal Announces Third Quarter 2022 Results

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Prestige Consumer Healthcare (PBH), Central Garden & Pet (CENT), Traeger (COOK) and The RealReal (REAL) have been focusing on superior product strategy and prudent capital investments.

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Amazon, long desiring to enter the luxury goods market, announced a partnership to resell authenticated secondhand luxury goods on its platform last week. eBay CEO Jamie Iannone gave an interview to the Financial Times last week discussing the company's redoubling of efforts in the luxury and collectibles consignment business.

News for The RealReal Stock (REAL)