Revolve Group Inc Class A
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$98.30 | Ptkbt | Bfrpblbqh |
Exposure to Younger, Less Affluent Clientele Figure to Pinch Near-Term Momentum for Revolve
Business Strategy and Outlook
The Revolve Group has carved out an interesting competitive niche in the attainable luxury category, leaning heavily into the strengths of the e-commerce channel--breadth of selection, scalability, and ubiquity of access--to reach a mobile-first, millennial and Gen Z audience across its online properties. With approximately 50,000 stock-keeping units (SKUs) sitting on its REVOLVE and FRWD (luxury) marketplaces at any given time, and with 900 new styles launching weekly, the firm has positioned itself as an "online source for discovery and inspiration," capturing almost 40% of apparel wallet share among its base of more than 2 million active buyers, by our estimates.