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The RealReal (REAL) operates a leading online marketplace for authenticated luxury resale goods, combining expert verification with sustainable commerce practices. This news hub provides investors, analysts, and industry professionals with timely updates on corporate developments shaping the premium secondhand market.
Access official press releases, financial reports, and strategic announcements covering key areas including earnings results, partnership expansions, and sustainability initiatives. Our curated news collection enables efficient tracking of market positioning, operational milestones, and leadership in the luxury resale sector.
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The RealReal (REAL), the leading online marketplace for authenticated luxury resale goods, has scheduled its Q1 2025 earnings release for May 8, 2025, after market close. The company will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss financial results for the quarter ending March 31, 2025.
Investors can access the live webcast through investor.therealreal.com, where the archived version will also be available afterward. To join via phone, participants must pre-register to receive dial-in details and access code.
The RealReal (REAL) reported strong Q4 and full year 2024 results, with Q4 revenue reaching a record $164 million, up 14% year-over-year. The company's GMV increased 12% to $504 million in Q4. Full year revenue grew 9% to $600 million, while GMV rose 6% to $1.83 billion.
Notable improvements include a reduced net loss of $134 million for 2024, down from $168 million in 2023. The company achieved positive Adjusted EBITDA of $9 million for the full year, a $64 million improvement. Operating Cash Flow turned positive at $27 million, an $88 million increase year-over-year. Free Cash Flow became positive at $1 million, up $104 million from 2023.
Key metrics show growth with trailing 12-months active buyers reaching 972,000 (up 5%) and average order value increasing to $545 (up 4%). The company also completed a strategic debt transaction to strengthen its financial position.
The RealReal (REAL) reported preliminary Q4 and FY 2024 results exceeding guidance. Q4 GMV reached $503.5M vs guidance of $484-500M, with Adjusted EBITDA of $10.7-11.2M vs guidance of $6.5-9.5M. FY 2024 GMV was $1.829B with Adjusted EBITDA of $9.0-9.5M.
The company provided strong 2025 guidance, projecting FY GMV of $1.96-1.99B and Adjusted EBITDA of $20-30M, demonstrating significant growth. Additionally, REAL completed strategic debt exchange transactions, reducing total indebtedness by $37M and extending maturities from 2028 to 2031 for approximately $147M of new convertible notes.
The company achieved positive Adjusted EBITDA for 2024, marking an important inflection point, despite preliminary net losses of $(68.3)-$(68.8)M for Q4 and $(134.0)-$(134.5)M for FY 2024.
The RealReal (REAL) has announced the opening of its newest store in Houston's Montrose Collective, marking its fifteenth brick-and-mortar location and second in Texas. The 2,727 sq. ft. store is strategically positioned alongside premium retailers like Reformation, Ganni, Mejuri, and Buck Mason. The location will offer comprehensive consignment services, including personalized consultations and expert evaluations of luxury handbags, fine jewelry, and watches.
Chief Merchandising Officer Samantha McCandless highlighted Houston's strong growth in both consignor and customer base as key factors in choosing this location. The expansion builds on the success of their Dallas store and aims to strengthen The RealReal's presence across Texas while supporting the circular economy.
The RealReal (REAL) has opened its fourteenth brick-and-mortar store in Miami's Design District, marking its second location in Florida. The 1,972 sq. ft. store features responsibly sourced materials and local artistic elements, including a hand-painted tile mural. The new location offers consignment services with expert evaluations for luxury items, including handbags, fine jewelry, and watches. Chief Merchandising Officer Samantha McCandless emphasizes the store's localized approach with a frequently updated inventory, chosen to serve Miami's active customer and consignor base.
The RealReal (REAL) reported strong Q3 2024 financial results with revenue reaching $148 million, up 11% year-over-year. The company's GMV increased 6% to $433 million, while consignment revenue grew 14%. Net loss improved to $(18) million from $(23) million in the prior year. Notable improvements include Adjusted EBITDA of $2.3 million (1.6% of revenue) compared to $(7.0) million last year, and gross margin expansion to 74.9%. Active buyers increased 7% to 389,000, with orders up 4% to 829,000. The company raised its full-year guidance based on strong Q3 performance and positive supply trends.
The RealReal (REAL) has appointed Rati Sahi Levesque as President and CEO, replacing John Koryl who has departed the company. Levesque, who helped found The RealReal in 2011 and most recently served as President and COO, brings 13 years of experience across multiple areas of the business.
The company also reported preliminary Q3 2024 results exceeding guidance, with GMV of $433.1 million, Total Revenue of $147.8 million, and Adjusted EBITDA of $2.3 million. The company has updated its FY 2024 guidance, raising expectations for GMV to $1.810-$1.826 billion, Revenue to $595-$602 million, and Adjusted EBITDA to $4.5-$7.5 million.
The RealReal, the world's largest online marketplace for authenticated luxury resale goods, launches its second star-studded sale in partnership with Conservation International. The sale features 230 luxury pieces from influential women including Kate Moss, Julianne Moore, and others. The RealReal will donate $25,000 to Conservation International to support environmental protection efforts.
The collection includes high-end ready-to-wear, handbags, shoes, and jewelry, with prices ranging from $50 to $3,350. Available online and at The RealReal's Soho Boutique, this initiative aims to promote sustainable fashion and combat textile waste, noting that nearly 95% of discarded clothing could be reused or recycled.
The RealReal (Nasdaq: REAL), the world's largest online marketplace for authenticated, resale luxury goods, has announced the timing of its Third Quarter 2024 Earnings Conference Call. The company will release its financial results for the quarter ended September 30, 2024, after the market closes on November 4, 2024. A conference call will be hosted at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to review the financial results. Investors can access a live webcast of the conference call at investor.therealreal.com, where an archived version will also be available shortly after the call.
The RealReal (Nasdaq: REAL), the world's largest online marketplace for authenticated, resale luxury goods, has announced its participation in the Wells Fargo 7th Annual Consumer Conference. CEO John Koryl and CFO Ajay Gopal will engage in a fireside chat on Thursday, September 19, at 10:15am PT (1:15pm ET).
Investors and interested parties can access the event webcast through The RealReal's investor website at investor.therealreal.com. A replay of the presentation will be available for 180 days following the event, providing an extended opportunity for stakeholders to gain insights into the company's strategies and performance.
