The RealReal, Inc. logo

The RealReal, Inc. (REAL)

Market Closed
27 Jul, 20:00
NASDAQ (NGS) NASDAQ (NGS)
$
11. 66
+0.53
+4.7619%
Pre Market
$
11. 88
+0.22 +1.8868%
3.33B Market Cap
- P/E Ratio
- Div Yield
2.66M Volume
-0.92 Eps
$ 11.13
Previous Close
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Day Range
11.29 11.82
Year Range
5 17.39
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RealReal: Return To GMV Growth May Spark The Beginning Of A Rebound

RealReal: Return To GMV Growth May Spark The Beginning Of A Rebound

The RealReal has returned to 2% y/y GMV growth in Q1, following a -9% y/y decline in Q4. Impressively, Q1 GMV also grew nominally versus the Q4 holiday quarter. The company expects continued GMV acceleration in Q2. REAL's decision to focus on consignment revenue and ditch its direct sales business has also dramatically improved its profitability.

Seekingalpha | 2 years ago