Revolve Group's Q4 2022 net sales increased by 8% year-over-year to $259.2 million, with active customers growing by 27% to 2.34 million. However, net income decreased by 73% to $7.9 million, and adjusted EBITDA decreased by 59% to $14.1 million.
Net sales increased by 8% year-over-year, reaching $259.2 million.
Active customers grew by 27% year-over-year, totaling 2.34 million.
Net income decreased by 73% year-over-year, amounting to $7.9 million.
Adjusted EBITDA decreased by 59% year-over-year, totaling $14.1 million.
During the first seven weeks of the first quarter of 2023 ending on March 31, 2023 (January 1, 2023 to February 18, 2023), net sales increased by a mid-single digit percentage year-over-year during the period.
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