Revolve Group, Inc. (RVLV) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

At this time, I would like to turn the conference over to Eric Randerson, Vice President of Investor Relations at Revolve. Eric, you may begin. Good afternoon, everyone, and thanks for joining us to discuss Revolve's second quarter 2025 results. Before we begin, I'd like to mention that we have posted a presentation containing Q2 2025 financial highlights to our investor relations website located at .revolve.com. I'd also like to remind you that this conference call will include forward-looking statements, including statements related to our future growth, our inventory balance, our key priorities in business initiatives, industry trends, the impact of tariffs, and our mitigation efforts on marketing events and their expected impact, our physical retail stores, and our outlook for net sales, gross margin, operating expenses, and effective tax rate. These statements are subject to various risks, uncertainties, and assumptions that could cause our action results to differ materially from these statements, including the risk mentioned in this afternoon's press release, as well as other risks and uncertainties disclosed in the caption, risk factors and elsewhere, in our filings with the Securities and Exchange Commission, including without limitation our annual report on Form 10K for the year ended December 31, 2024, and our subsequent quarterly reports on Form 10Q, all of which can be found on our website at .revolve.com. We undertake no obligation to revise or update any forward-looking statements or information except as required by law. During our call today, we'll also reference certain non-GAP financial information, including adjusted EBITDA and pre-cash flow. We use non-GAP measures in some of our financial discussions as we believe they provide valuable insights ...