Michael Karanikolas

“I'm Mike Kernikoulas, founder and CEO of Revolve. So Revolve is a leading online fashion retailer. We're founder-led. I've been at this 20 plus years. We're profitable.”

“And because of physical, I completely agree that, you know, we are experts in e-commerce, but we're early in the game in physical commerce. So we're super excited and hyper-focused, investing a lot of time building teams, resources, processes.”

“And with regards to the revenue acceleration, we have incredibly strong brands, a huge market opportunity. We've underperformed for a number of quarters against that opportunity and that brand.”

“We ended a challenging year in 2023 with a solid fourth quarter, highlighted by a return to growth in the Revolve segment, a year-over-year increase in our consolidated gross margin, and encouraging early progress in our efforts to drive efficiencies in our global logistics operations.”

“We reported mixed results for the first quarter of 2023 amidst an increasingly uncertain macro environment and against a very difficult prior year comparison.”