REAL Stock Recent News

SAN FRANCISCO, Oct. 10, 2024 (GLOBE NEWSWIRE) -- The RealReal (Nasdaq: REAL)—the world's largest online marketplace for authenticated, resale luxury goods—today announced that it will release its financial results for the third quarter, ended September 30, 2024, after the market closes on November 4, 2024.

Dublin, Sept. 19, 2024 (GLOBE NEWSWIRE) -- The "Global Second-Hand Luxury Goods Market (2024 Edition): Analysis By Product Type (Apparel, Perfume & Cosmetics, Watches, Shoes, Jewellery, and Others), By Sales Channel, By End-User, By Region, By Country: Market Insights and Forecast (2020-2030)" report has been added to ResearchAndMarkets.com's offering. The Global Second-Hand Luxury Goods market showcased growth at a CAGR of 8.89% during 2020-2023. The market was valued at USD 40.51 Billion in 2023 which is expected to reach USD 85.04 Billion in 2030.

Here is how The RealReal (REAL) and Reservoir Media, Inc. (RSVR) have performed compared to their sector so far this year.

The RealReal (REAL) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

The RealReal stock fell 30% post-Q2 results, despite a healthy earnings beat. Investors criticized the company's full-year revenue and GMV cut, which bakes in potential macro headwinds (though the company has noted it has felt little macro impacts to date). Management still expects GMV to accelerate in the back half of FY24, driven by the company's higher-margin consignment business, which is also still adding active buyers.

Consumers Take the Lead, Redefining Trends and Investing in Lasting Value SAN FRANCISCO, Aug. 21, 2024 (GLOBE NEWSWIRE) -- The RealReal – the world's largest online marketplace for authenticated, resale luxury goods — today released its seventh annual 2024 Luxury Resale Report . This comprehensive report uses 13 years of data to examine the current state of luxury resale, delves into the shopping and consignment behaviors of The RealReal's more than 37 million members, and spotlights key trends shaping demand and resale value for luxury's most sought-after brands and items.

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 loss of $0.30 per share a year ago.

The RealReal, Inc. (NASDAQ:REAL ) Q2 2024 Earnings Conference Call August 6, 2024 5:00 PM ET Company Participants Caitlin Howe - SVP of Finance John Koryl - CEO Rati Levesque - President and COO Ajay Gopal - CFO Conference Call Participants Chandana Madaka - KeyBank Capital Markets Marvin Fong - BTIG Operator Good day and thank you for standing by. Welcome to the RealReal Second Quarter 2024 Financial Results Conference Call.

Q2 2024 Revenue of $145 million, up $14 million or 11% Year-Over-YearQ2 2024 Net Loss of $(17) million, or (11.5%) of Total Revenue, an improvement of $25 million Year-Over-YearQ2 2024 Adjusted EBITDA of $(1.8) million or (1.2)% of Total Revenue, up $21 million Year-Over-Year

SAN FRANCISCO, July 11, 2024 (GLOBE NEWSWIRE) -- The RealReal (Nasdaq: REAL)—the world's largest online marketplace for authenticated, resale luxury goods—today announced that it will release its financial results for the second quarter ended June 30, 2024 after the market closes on August 6, 2024.