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Revolve Crushes Earnings, Sales Estimates Amid 37% Inventory Cut

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Revolve stock jumped more than 22 percent in after-hours trading Wednesday after delivering record second-quarter earnings of 20 cents per share, record adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of $21 million, record operating cash flow of $53 million and its fastest quarterly inventory turns in six years, with only a 12 percent…

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