RealReal's Q2 Gross Merchandise Value Up 91%; Growth Rate Slows In June

by Shivani Kumaresan, Benzinga Staff Writer

July 6, 2021 2:57 PM | 1 min read

Online marketplace for resale luxury goods, The RealReal Inc REAL has reported the Gross Merchandise Value (GMV) of about $350 million for the second quarter, a 91% increase year-on-year.
GMV growth rate was 132% for April, 85% for May, and 67% for June.
GMV has exceeded the company’s prior outlook of $320 million to $330 million.
The Average Order Value (AOV) grew 25% Y/Y to about $520.
The year-on-year AOV growth rate was 28% for April, 25% for May, and 22% for June.
Price action: REAL shares are trading lower by 6.79% at $18.90.

Posted In: News Retail Sales Small Cap Briefs

Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.