The RealReal is benefiting from shifting consumer spending, with strong Q3 results and accelerating revenue. REAL's stock surged nearly 20% post-earnings, and I reiterate a "Buy" rating, expecting the rally to continue as the company grows. At a $1.64 billion enterprise value and 26x FY26 adjusted EBITDA, REAL is a compelling growth play, not a value stock, with improving margins.
The RealReal reported third-quarter results on Monday (Nov. 10) showing stronger sales and improved efficiency as the luxury resale market continues to attract cost-conscious consumers.
The RealReal (REAL) came out with a quarterly loss of $0.49 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to a loss of $0.09 per share a year ago.
| Textiles, Apparel & Luxury Goods Industry | Consumer Discretionary Sector | Rati Sahi Levesque CEO | NASDAQ (NGS) Exchange | 88339P101 CUSIP |
| US Country | 3,011 Employees | - Last Dividend | - Last Split | 28 Jun 2019 IPO Date |
The RealReal, Inc. is a pioneering force in the online resale market for luxury goods, offering a comprehensive platform for individuals in the United States to buy and sell pre-owned luxury items. Since its establishment in 2011, The RealReal has successfully bridged the gap between sustainability and luxury fashion, catering to a growing audience keen on both. Headquartered in the vibrant city of San Francisco, California, the company has expanded its presence beyond the digital realm, operating retail stores that complement its online marketplace. This business model not only facilitates the tactile experience of luxury shopping but also enhances the authenticity and trust in transactions, pivotal for the high-end goods market.
The RealReal, Inc. extends its expertise across a variety of product categories to accommodate the diverse preferences and needs of its customer base. These include: