Articles from The RealReal

HOUSTON, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Today, The RealReal (Nasdaq: REAL), the world’s largest online marketplace for authenticated, resale luxury goods, is excited to announce the opening of its newest location in Houston’s award-winning Montrose Collective project. This location marks The RealReal’s fifteenth brick-and-mortar location and the second in Texas.

MIAMI, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Today, The RealReal (Nasdaq: REAL), the world’s largest online marketplace for authenticated, resale luxury goods, proudly announces the opening of its newest store in The Miami Design District. This highly anticipated location marks The RealReal’s fourteenth brick-and-mortar location and the second in Florida.

Q3 2024 Revenue of $148 million, up $15 million or 11% Year-Over-YearQ3 2024 Net Loss of $(18) million, or (12.1)% of Total Revenue, improved $5 million Year-Over-YearQ3 2024 Adjusted EBITDA of $2.3 million or 1.6% of Total Revenue, increased $9 million Year-Over-Year

Seasoned leader brings proven track record of strategic vision, operational excellence, and deep company knowledge

SAN FRANCISCO, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Today, during National Consignment Month, The RealReal, the world’s largest online marketplace for authenticated, resale luxury goods, launches its second star-studded sale in partnership with environmental leader Conservation International, featuring 230 luxury pieces consigned by influential women who have shaped fashion, journalism, social justice, and culture.

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.

SAN FRANCISCO, Sept. 16, 2024 (GLOBE NEWSWIRE) -- The RealReal (Nasdaq: REAL)—the world’s largest online marketplace for authenticated, resale luxury goods—today announced that John Koryl, CEO, and Ajay Gopal, CFO, will participate in a fireside chat at the Wells Fargo 7th Annual Consumer Conference on Thursday, September 19. Mr. Koryl and Mr. Gopal are scheduled to present at 10:15am PT (1:15pm ET).

 Consumers Take the Lead, Redefining Trends and Investing in Lasting Value

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.

SAN FRANCISCO, May 08, 2024 (GLOBE NEWSWIRE) -- The RealReal, Inc. (NASDAQREAL) – the world’s largest online marketplace for authenticated, resale luxury goods – today announced that it granted equity awards on May 8, 2024 as a material inducement to the employment of the company’s newly-hired Chief Financial Officer, Ajay Gopal.

Q1 2024 Gross Merchandise Value Increased 2% Year-Over-Year Q1 2024 Consignment Revenue Increased 13% Year-Over-Year Q1 2024 Net Loss Improved $51 million Year-Over-Year Q1 2024 Adjusted EBITDA Loss of $2.3 million, an improvement of $25 million Year-Over-Year

Throughout the rest of Earth Month, customers can donate commission to support the planet’s living ecosystems

SAN FRANCISCO, April 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 first quarter ended March 31, 2024 after the market closes on May 7, 2024.

SAN FRANCISCO, March 04, 2024 (GLOBE NEWSWIRE) -- The RealReal, Inc. (NASDAQREAL) – the world’s largest online marketplace for authenticated, resale luxury goods – today announced that it granted equity awards on March 4, 2024 as a material inducement to the employment of the company’s newly-hired Chief People Officer, Chatelle Lynch, and Chief Marketing Officer, Sri Batchu.

Q4 and FY 2023 Net Loss Improved Year-Over-Year by $17 million and $28 million, respectivelyQ4 2023 Adjusted EBITDA of positive $1.4 million, improving $22 million year-over-yearDebt Exchange Transactions Entered into with Certain Holders of Convertible Senior Notes due 2025 and 2028

SAN FRANCISCO, Feb. 21, 2024 (GLOBE NEWSWIRE) -- The RealReal (Nasdaq: REAL)—the world’s largest online marketplace for authenticated, resale luxury goods—today announced that it has hired Ajay Gopal as its Chief Financial Officer (CFO), effective March 18, 2024, and that it has appointed its current board member Karen Katz as Chairperson of its Board of Directors (Board), effective February 20, 2024.

SAN FRANCISCO, Feb. 07, 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 fourth quarter and full year ended December 31, 2023 after the market closes on February 29, 2024.

Q3 2023 Gross Profit Increased $8.3 million Year-Over-YearQ3 2023 Net Income of $(22.9) million or (17.2)% of Total RevenueQ3 2023 Adjusted EBITDA of $(7.0) million or (5.2)% of Total Revenue

SAN FRANCISCO, Oct. 11, 2023 (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, 2023 after the market closes on November 7, 2023.

The pledge is a rallying cry for consumers nationwide to commit to circularity in pursuit of a sustainable future for fashion

SAN FRANCISCO,, Sept. 29, 2023 (GLOBE NEWSWIRE) -- The RealReal (the “Company” or “The RealReal”) (Nasdaq: REAL)—the world’s largest online marketplace for authenticated, resale luxury goods—today announced that Robert Julian will step down from his role as Chief Financial Officer (“CFO”) of the Company effective on the earlier of January 31, 2024 or the date a new CFO assumes the position.

Customers Make Investment Purchases Despite Economy; Stealth Wealth Trend Shakes Up Top Ten List

SAN FRANCISCO, July 12, 2023 (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, 2023 after the market closes on August 8, 2023.

Q1 2023 Gross Merchandise Value Increased 4% Year-Over-YearQ1 2023 Total Revenue Decreased 3% Year-Over-YearQ1 2023 Consignment Revenue Grew 22% Year-Over-Year

SAN FRANCISCO, April 13, 2023 (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 first quarter ended March 31, 2023 after the market closes on May 9, 2023.

RealService, pricing features and data insights empower customers to easily and seamlessly buy and sell luxury

SAN FRANCISCO, March 03, 2023 (GLOBE NEWSWIRE) -- The RealReal, Inc. (NASDAQREAL) – the world’s largest online marketplace for authenticated, resale luxury goods – today announced that it granted equity awards on March 3, 2023 as a material inducement to employment of the newly-hired Chief Executive Officer, John Koryl, and Chief Technology and Product Officer, Luke Friang.

Q4 and FY 2022 Gross Merchandise Value Increased Year-Over-Year 13% and 23%, respectivelyQ4 and FY 2022 Total Revenue Increased Year-Over-Year 10% and 29%, respectivelyCash & Cash Equivalents at Year-End was $294 million

SAN FRANCISCO, Feb. 01, 2023 (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 fourth quarter and full year ended December 31, 2022, after the market closes on February 28, 2023.

SAN FRANCISCO, Jan. 25, 2023 (GLOBE NEWSWIRE) -- The RealReal, Inc. (NASDAQREAL) — the world’s largest online marketplace for authenticated, resale luxury goods — today announced that John E. Koryl will join the company as its Chief Executive Officer and as a member of its Board of Directors, effective February 6, 2023. The company’s Co-Interim Chief Executive Officers, Rati Sahi Levesque and Robert Julian, will remain with the company as President and Chief Operating Officer, and Chief Financial Officer, respectively.

All generations seek resale for value; Adoption of fair condition items continues to grow

SAN FRANCISCO, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Heading into 2023, The RealReal – the world’s largest online marketplace for authenticated, resale luxury goods – intends to double down on its efforts to ensure an unparalleled luxury consignment experience to its millions of members. Building on key initiatives started in Q4 2022, the company will continue to focus on its new consignor concierge service, and an enhanced loyalty program, and its data insights center offering in the coming year.

Q3 2022 Gross Merchandise Value Increased 20% Year-Over-YearQ3 2022 Total Revenue Increased 20% Year-Over-YearCash & Cash Equivalents at Quarter-End was $300 million

SAN FRANCISCO, Oct. 11, 2022 (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, 2022, after the market closes on November 8.

Assortment of six tabletop cards valued at $845K; Includes 1993 Beta Black Lotus Artist Proof

SAN FRANCISCO, Oct. 03, 2022 (GLOBE NEWSWIRE) -- Today in celebration of National Consignment Day, The RealReal – the world’s largest online marketplace for authenticated, resale luxury goods – announces A Circular Partnership with global luxury accessories brand Jimmy Choo, who will for the first time offer resale to Jimmy Choo clients from October 6. In a collective effort to increase awareness and adoption of the circular economy, this partnership enables Jimmy Choo clients to easily consign their pre-loved luxury items through The RealReal. Qualifying consignors will also receive a complimentary styling experience with Jimmy Choo.

First-of-its-kind partnership will provide expedited grading services exclusively for TRR consignors