Professional
Added to YB: 2024-01-24
Pitch date: 2024-01-24
RVLV [bullish]
Revolve Group, Inc.
+84.8%
current return
Author Info
Optimist Fund is a concentrated, global growth-oriented value investment partnership Follow on Twitter/X.
Company Info
Revolve Group, Inc. operates as an online fashion retailer for millennial and generation z consumers in the United States and internationally.
Market Cap
$1.5B
Pitch Price
$15.39
Price Target
100.00 (+252%)
Dividend
N/A
EV/EBITDA
13.80
P/E
27.04
EV/Sales
1.02
Sector
Specialty Retail
Category
growth
Optimist Fund holding: Revolve ($RVLV)
$RVLV: Online retailer for women 18-40 w/ 20% CAGR to $1B sales but <5% mkt share vs big players. Ecomm shift to fuel growth via agile biz & founder-CEOs w/ 45% stake. Tough '23 hit rev & profit but inventory cuts & buyback at lows to normalize in 12-18mo for 20% growth & better margins. $5 EPS in 5yrs @ 20x = $100 PT, 7x upside.
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