RVLV is expected to maximize its growth with an emphasis on elevating its international service levels, and category expansion within its owned brands. RVLV is rated “Strong Buy” due to its short and long-term bullishness, solid growth prospects, and underlying industry strength, as determined by the four components of our overall POWR Rating.Īmid the pandemic, the company has kept its customers engaged with online workouts and activations around staying at home. Moreover, with several businesses going online, its market reach is also expected to expand. Going forward, demand in this industry is expected to rise as companies come up with innovative products and better marketing techniques to meet customer demand.
While the companies in this industry generally enjoy steady demand, the companies with a strong online presence have gained significantly amid the pandemic. The Consumer Goods industry is ranked #33 of the 123 industries. While CL, and PG have gained 25.9%, and 12.1%, respectively, over the past year, KMB has lost 0.1% over the same period. RVLV has comfortably beaten the returns of these popular industry participants over the past year. Other popular stocks in the consumer goods group are Colgate-Palmolive Company ( CL), Procter & Gamble Company ( PG), and Kimberly-Clark Corporation ( KMB). RVLV is currently ranked #7 of 37 stocks in the Consumer Goods industry. This positive outlook and the potential upside based on a few factors have helped the stock earn a “Strong Buy” rating in our proprietary rating system. Its EPS is expected to grow at 26% this year. The stock has gained 80.4% over the past year to close Friday’s trading session at $30.67, after hitting its all-time high of $30.89. The stock is expected to gain significantly as investors anticipate increased spending on apparel and accessories with the return of social gatherings, concerts, and events once coronavirus vaccines are widely distributed. By territory, Australia, Canada, and Western Europe each delivered strong double-digit growth in year-over-year net sales. For the third quarter ended September 30, 2020, RVLV’s beauty category’s net sales increased more than 100% year-over-year for the second consecutive quarter.
RVLV has built a portfolio of 21 owned brands, each crafted with unique attributes and supported by independent marketing operations.Īlthough RVLV suffered a setback with the pandemic, it has been able to sustain its business momentum with a strong focus on its merchandising and operational initiatives. Revolve offers an assortment of apparel and footwear, accessories, and beauty products, while Forward offers a large assortment of luxury brands. The company operates through two segments - Revolve and Forward. ( RVLV) is an online fashion retailer for Millennial and Generation Z consumers.
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