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Therealreal - REAL STOCK NEWS

Welcome to our dedicated page for Therealreal news (Ticker: REAL), a resource for investors and traders seeking the latest updates and insights on Therealreal stock.

The RealReal, Inc. (symbol: REAL) is the world's largest online marketplace for authenticated, resale luxury goods. Founded by e-commerce veteran Julie Wainwright, the company offers a premier luxury resale store experience by curating, evaluating, and authenticating high-end designer fashion, fine jewelry, watches, and art. With a portfolio that includes brands such as Chanel, Hermès, Manolo Blahnik, and Cartier, The RealReal ensures every item is genuine, eliminating the uncertainty of purchasing luxury goods online.

The RealReal operates on a consignment model, allowing individuals to sell their luxury possessions with minimal effort. The process involves free virtual appointments, in-home pickups, drop-offs, and direct shipping. The company handles all steps from authentication, pricing, and photographing, to listing, shipping, and customer service. With over 35 million members and a team of hundreds of in-house gemologists, horologists, and brand authenticators, The RealReal inspects thousands of items daily, supporting a circular economy by giving new life to luxury items.

In 2023, The RealReal generated $1.7 billion in gross merchandise volume (GMV). The company continues to refine its business model, focusing on the higher-margin consignment segment. This strategic shift resulted in significant improvements, including a higher take rate, better gross margin rates, and positive Adjusted EBITDA by the end of 2023. The RealReal's strong financial performance has placed it on track to achieve positive Adjusted EBITDA on a full-year basis in 2024.

Recent notable achievements include partnerships with brands like Gucci, Stella McCartney, and Burberry, along with collaborations such as the Manhattan Vintage Show in January 2024. These initiatives highlight The RealReal's commitment to sustainability and expanding the vintage luxury market.

The company also engages in strategic debt exchange transactions to strengthen its financial position, such as the recent exchange that reduced its indebtedness by over $17 million, creating capital structure flexibility for future growth.

The RealReal’s forward-looking strategy includes leveraging advanced technologies like AI and machine learning for optimal pricing, enhancing user experience, and maintaining rigorous authentication standards. The company continuously updates its financial guidance and remains transparent with its investors through regular earnings releases and conference calls.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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The RealReal, the world's largest online marketplace for authenticated, resale luxury goods, has released its seventh annual 2024 Luxury Resale Report. The report analyzes data from 37 million members, revealing key trends in luxury resale. Investment-worthy pieces like high-value fine jewelry and timeless handbags dominated, alongside trends influenced by TikTok and nostalgic TV shows.

Key findings include:

  • Top 10 most searched brands focus on universality
  • Fine jewelry saw the biggest growth, with sales up 22% YoY for pieces $5,000+
  • Handbags priced $1,000-3,000 experienced a 13% YoY buyer growth
  • Vintage brands went mainstream, with searches for Issey Miyake up 100% YoY
  • Street style shifted towards business attire, with suiting sales up 25%
  • 'New Americana' trend emerging, combining boho and utilitarian styles

The RealReal introduced a new 'As Is' condition category to meet customer demand for value-driven shopping.

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FAQ

What is the current stock price of Therealreal (REAL)?

The current stock price of Therealreal (REAL) is $6.82 as of February 28, 2025.

What is the market cap of Therealreal (REAL)?

The market cap of Therealreal (REAL) is approximately 726.4M.

What is The RealReal?

The RealReal is the world’s largest online marketplace for authenticated, resale luxury goods, offering items from brands like Chanel, Hermès, and Cartier.

How does The RealReal ensure authenticity?

The RealReal employs hundreds of in-house gemologists, horologists, and brand authenticators who rigorously inspect and authenticate each item.

What is the business model of The RealReal?

The RealReal operates on a consignment model, allowing individuals to sell their luxury goods. The company handles authentication, pricing, photographing, listing, and customer service.

What recent financial achievements has The RealReal announced?

In 2023, The RealReal reported significant improvements in its financials, including positive Adjusted EBITDA and strategic debt exchange transactions reducing indebtedness by over $17 million.

What kind of luxury items does The RealReal offer?

The RealReal offers a wide range of authenticated luxury items including women's and men's fashion, fine jewelry, watches, art, and home décor.

How does The RealReal contribute to sustainability?

By promoting the resale of luxury items, The RealReal supports the circular economy, giving new life to products and reducing waste.

Can I sell my items through The RealReal?

Yes, The RealReal provides a seamless process for consignors, including free virtual appointments, in-home pickups, drop-offs, and direct shipping.

What technologies does The RealReal utilize?

The RealReal uses AI and machine learning to determine optimal pricing and enhance the user experience on its platform.

Who founded The RealReal?

The RealReal was founded by Julie Wainwright, an e-commerce veteran.

How does The RealReal support consignors?

The RealReal handles all aspects of the consignment process, from authentication and pricing to photographing, listing, and customer service.
Therealreal

Nasdaq:REAL

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REAL Stock Data

726.44M
94.05M
12.64%
77.03%
14.51%
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