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- Shares of The RealReal (NASDAQ:REAL) continue their meteoric rally, setting another 22-month high Tuesday in the wake of better-than-expected Q4 results and improved liquidity position.
- In the three days since reporting results, TheRealReal (REAL) shares have risen as much as 124% including a 21% gain on Tuesday. This compares to heavy losses for both Stitch Fix (SFIX) and ThredUp (TDUP), both of which reported disappointing Q4 results, resulting in losses of as much as 30% and 22%, respectively, on Tuesday.
- Last Thursday, TheRealReal reported a loss of $0.07 per share which was 4 cents per share better than expected. Total revenue was down 10.2% year-over-year but also beat expectations.
- Conversely, Stitch Fix (SFIX) missed both EPS and revenue expectations with a wider-than-expected loss, and ThredUp (TDUP) reported a wider loss than expected on slightly better revenue.
- Analysts are mostly neutral on TheRealReal (REAL), Stitch Fix (SFIX), and ThredUp (TDUP) with Seeking Alpha authors rating REAL and SFIX as a Hold and Wall Street analysts giving all three a HOLD rating as well. Seeking Alpha's Quant Rating gives REAL, TDUP, and SFIX a Hold.
More on The RealReal
- The RealReal, Inc. (REAL) Q4 2023 Earnings Call Transcript
- The RealReal: Progress Of Turnaround But Balance Sheet Risks Remain
- RealReal is up more than 80% since earnings last week as liquidity fears fade
- The RealReal Non-GAAP EPS of -$0.07 beats by $0.04, revenue of $143.37M beats by $0.89M
- Seeking Alpha’s Quant Rating on The RealReal