The RealReal, Inc. (REAL) Q2 2025 Earnings Call

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WEBVTT 00:00:00.000 -- 00:00:04.660 Thank you for standing by. My name is Liz, and I'll be your conference operator today. 00:00:04.660 -- 00:00:10.140 At this time, I would like to welcome everyone to the RealReal Second Quarter 2025 Financial 00:00:10.140 -- 00:00:15.040 Results Conference Call. All lines have been placed on mute to prevent any background 00:00:15.040 -- 00:00:20.140 noise. After the speaker's remarks, there will be a question and answer session. 00:00:20.140 -- 00:00:25.000 If you would like to ask a question during this time, simply press star followed by the 00:00:25.000 -- 00:00:29.300 number one on your telephone keypad. If you would like to withdraw your question, press 00:00:29.300 -- 00:00:34.200 star one again. Thank you. I would now like to turn the call over to Kaitlyn Howe, Senior 00:00:34.200 -- 00:00:38.500 Vice President of Finance. Please go ahead. 00:00:38.520 -- 00:00:43.620 Thank you, operator. Joining me today to discuss our results for the period ended 00:00:43.620 -- 00:00:46.420 June 30, 2025, 00:00:46.420 -- 00:00:51.660 our Chief Executive Officer and President, Rossi Levesque, and Chief Financial 00:00:51.660 -- 00:00:56.760 Officer, Ajay Gopal. Before we begin, I would like to remind you that during 00:00:56.760 -- 00:01:01.600 today's call, we will make forward-looking statements which involve known and unknown 00:01:01.600 -- 00:01:06.780 risks and uncertainties. Our actual results may differ materially from those 00:01:06.780 -- 00:01:09.880 suggested in such statements. 00:01:09.880 -- 00:01:14.580 You can find more information about these risks, uncertainties, and other factors that 00:01:14.580 -- 00:01:19.940 could affect our operating results in the company's most recent Form 10-K and subsequent 00:01:19.940 -- 00...