RERE Stock Recent News

ATRenew delivered strong Q1 2025 results with 27.5% sales growth, rising profitability, and a third consecutive quarter of positive GAAP net profit. AI-driven operational efficiency, government subsidies, and a robust retail network are fueling ATRenew's growth and industry leadership in China's circular economy. Despite strong fundamentals and ongoing share buybacks, RERE stock remains undervalued, presenting an attractive entry point for growth investors.

ATRenew Inc. (NYSE:RERE ) Q1 2025 Earnings Conference Call May 20, 2025 8:00 AM ET Company Participants Kerry Chen - Chairman, Chief Executive Officer Rex Chen - President, Chief Financial Officer Jeremy Ji - Director, Corporate Development and Investor Relations Conference Call Participants Joyce Ju - Bank of America Xiao Wan - CICC Michael Kim - Zacks Small Cap Research Operator Good morning and good evening ladies and gentlemen. Thank you for standing by, and welcome to ATRenew Inc.'s first quarter 2025 earnings conference call.

SHANGHAI , May 6, 2025 /PRNewswire/ -- ATRenew Inc. ("ATRenew" or the "Company") (NYSE: RERE), a leading technology-driven pre-owned consumer electronics transactions and services platform in China, today announced that it plans to release its unaudited financial results for the first quarter of 2025 before the U.S. market opens on Tuesday, May 20, 2025. The Company's management will hold an earnings conference call at 08:00 A.M.

SHANGHAI , April 11, 2025 /PRNewswire/ -- ATRenew Inc. ("ATRenew" or the "Company") (NYSE: RERE), a leading technology-driven pre-owned consumer electronics transactions and services platform in China, today announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission (the "SEC") on April 11, 2025. The annual report on Form 20-F can be accessed on the SEC's website at http://www.sec.gov and on the Company's investor relations website at http://ir.atrenew.com.

SHANGHAI , March 31, 2025 /PRNewswire/ -- ATRenew Inc. ("ATRenew" or the "Company") (NYSE: RERE), a leading technology-driven platform for pre-owned consumer electronics transactions and services in China, today launched the grand opening of its Paijitang flagship store in Shenzhen. Located in Huaqiangbei, the country's premier electronics trade hub, the store features nearly 10,000 professionally inspected smartphones, setting a new benchmark for transparency in the second-hand electronics market.

ATRenew delivered record 25.9% YoY revenue growth, reaching RMB 16.3 billion ($2.2 billion), with 1P net product revenue surging 27.3% to RMB 14.8 billion ($2.03 billion). Profitability improved significantly, as GAAP operating income turned positive for the first time, with a non-GAAP operating margin of 2.5%, expanding by 57 basis points. Government-backed trade-in subsidies fueled a 70% YoY surge in C2B recycling, reinforcing ATRenew's dominant position in China's secondhand electronics market.

ATRenew reported strong sales growth and its second consecutive quarter of positive GAAP net income, with full-year 2024 revenues up 25.9% year-on-year. The company's collaboration with JD.com and government subsidies have significantly boosted its recycling business and trade-in demand for pre-owned electronics. ATRenew's financials are solid, with a negative net debt of $389 million, strong liquidity ratios, and a continued share buyback program.

ATRenew Inc. reported mixed results, with an impressive 25.2% y/y sales growth but a slight miss on EPS; the GAAP operating margin turned positive at 1.1%. The company has a strong balance sheet with $350m in liquid assets, positioning it well for future growth and economic downturns. Future growth is expected from government subsidies, partnerships with JD and Apple, and aggressive expansion plans including 800 new stores in 2025.

ATRenew Inc. (NYSE:RERE ) Q4 2024 Earnings Conference Call March 11, 2025 8:00 AM ET Company Participants Jeremy Ji - Director, Corporate Development & Investor Relations Kerry Chen - Founder, Chairman & Chief Executive Officer Rex Chen - Chief Financial Officer Conference Call Participants Joyce Ju - Bank of America Wan Jiao - CICC Michael Kim - Zacks Small-Cap Research Operator Good morning and good evening, ladies and gentlemen. Thank you for standing by and welcome to ATRenew Inc.'s Fourth Quarter and Full Year 2024 Earnings Conference Call.

SHANGHAI , March 11, 2025 /PRNewswire/ -- ATRenew Inc. ("ATRenew" or the "Company") (NYSE: RERE), a leading technology-driven pre-owned consumer electronics transactions and services platform in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2024.  Fourth Quarter 2024 Highlights Total net revenues grew by 25.2% to RMB4,849.3 million (US$664.4 million) from RMB3,873.6 million in the fourth quarter of 2023.