The RealReal delivered a strong Q2 beat-and-raise, demonstrating durable GMV and active buyer growth, prompting my upgrade to a "Buy" rating. The company's successful shift to a high-margin, consignment-only marketplace model and focus on luxury goods provide a compelling long-term growth thesis. Disciplined cost controls and automation are driving significant margin expansion, meeting my key criteria for a bullish stance.
The RealReal, Inc. (NASDAQ:REAL ) Q2 2025 Earnings Conference Call August 7, 2025 5:00 PM ET Company Participants Ajay Gopal - Chief Financial Officer Caitlin Howe - Senior VP of Finance Rati Sahi Levesque - President, CEO & Director Conference Call Participants Anna Glaessgen - B. Riley Securities, Inc., Research Division Ashley Anne Owens - KeyBanc Capital Markets Inc., Research Division Irwin Bernard Boruchow - Wells Fargo Securities, LLC, Research Division Jay Daniel Sole - UBS Investment Bank, Research Division Mark R.
The RealReal (REAL) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to a loss of $0.13 per share a year ago.
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Luxury Goods Industry | Consumer Cyclical Sector | Rati Sahi Levesque CEO | XMUN Exchange | US88339P1012 ISIN |
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: