Revolve Group, Inc. (RVLV) Q1 2025 Earnings Call Transcript

Revolve Group, Inc. (NYSE:RVLV) Q1 2025 Earnings Conference Call May 6, 2025 4:30 PM ET

Company Participants

Erik Randerson – Vice President-Investor Relations
Michael Karanikolas – Co-Founder and Co-Chief Executive Officer
Michael Mente – Co-Founder and Co-Chief Executive Officer
Jesse Timmermans – Chief Financial Officer

Conference Call Participants

Mark Altschwager – Baird

Anna Andreeva – Piper Sandler

Jay Sole – UBS

Lorraine Hutchinson – Bank of America

Dylan Carden – William Blair

Michael Binetti – Evercore ISI

Nathan Feather – Morgan Stanley

Trevor Young – Barclays

Matt Koranda – Roth Capital

Rick Patel – Raymond James

Janine Stichter – BTIG

Peter McGoldrick – Stifel

Lucas Cohen – BMO Capital Markets

Operator

Good morning, afternoon, evening. My name is Danica and I will be your conference operator today. At this time, I would like to welcome everyone to Revolve’s First Quarter 2025 Results Conference Call. [Operator Instructions]

At this time, I’d like to turn the conference over to Erik Randerson, Vice President of Investor Relations at Revolve. Thank you. You may begin.

Erik Randerson

Good afternoon, everyone and thanks for joining us to discuss Revolve’s first quarter 2025 results. Before we begin, I’d like to mention that we have posted a presentation containing Q1 2025 financial highlights to our Investor Relations website located at investors.revolve.com.

I would also like to remind you that this conference call will include forward-looking statements, including statements related to our future growth, our inventory balance, our key priorities and operating and innovation initiatives, industry trends, the impact of changes in international trade policies and our plant mitigation efforts, our marketing events and the expected impact, our partnerships and strategic acquisitions, our physical retail stores and our outlook for net sales, gross margin, operating expenses and effective tax rate. These statements are subject to various risks, uncertainties and assumptions that could cause our actual results to differ materially from

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