Reformation's 3Q Net Revenue Grows 19%
FROM THE WIRE · FINANCE.YAHOO.COM
By Karen Roman Reformation Inc. (NYSE: REF) said third quarter net revenue increased 19.1% to $173.6 million compared to the year prior thanks to strength across channels and geographies, with DTC net revenues rising 16.7% to $152.8 million. Gross margin expanded 252 basis…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishDouble-digit revenue growth and wider gross margin are relevant for the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Third-quarter net revenue rose 19.1% to $173.6 million.
- 02Gross margin expanded to 60.4%.
- 03Adjusted EBITDA rose 64.2% to $23.1 million.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets