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Revolve doubles Q3 profits despite sales dip

19 days ago   |   By

US fashion e-tailer Revolve has more than doubled its profit in the third quarter despite a small dip in sales.
For the three months to 30 September, the California-based company saw its net profit increase 103 percent to 19.4 million dollars, while net sales dropped 2 percent to 151 million dollars.
Breaking it down by segment, the namesake Revolve segment saw net sales fall 3.6 percent to 130.6 million dollars, while the Forward segment saw net sales increase 9 percent to 20.5 million dollars, with the latter's handbag category performing particularly well.
Revolve reports record...
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