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Revolve Crushes Earnings, Sales Estimates Amid 37% Inventory Cut

Join Cotton Incorporated, Lectra, Accelerating Circularity, Public Habit and more on July 15 for Sourcing Journal's virtual Sustainability FAQs workshop to pull back the curtain on the circularity, traceability, net zero and inventory reduction concepts that could transform your business.

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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