Revolve Group, Inc. (NYSE:RVLV) Q2 2024 Earnings Conference Call August 6, 2024 4:30 PM ET
Company Participants
Erik Randerson - VP, IR
Mike Karanikolas - Co-Founder & Co-Chief Executive Officer
Michael Mente - Co-Founder and Co-Chief Executive Officer
Jesse Timmermans - CFO
Conference Call Participants
Rick Patel - Raymond James
Jesalyn Wong - Evercore
Dylan Carden - William Blair
Mark Altschwager - Baird
Oliver Chen - TD Cowen
Matt Koranda - ROTH Capital
Jay Sole - UBS
Peter McGoldrick - Stifel
Sean Dunlop - Morningstar
Ashley Owens - KeyBanc
Ethan Saghi - BTIG
Janet Kloppenburg - JJK Research
Operator
Good afternoon. My name is Emma, and I will be your conference operator today. At this time, I would like to welcome everyone to Revolve's Second Quarter 2024 Results Conference Call. [Operator Instructions]
At this time, I'd like to turn the conference over to Erik Randerson, Vice President of Investor Relations at Revolve. Thank you. You may begin.
Erik Randerson
Good afternoon, everyone, and thanks for joining us to discuss Revolve's second quarter 2024 results. Before we begin, I'd like to mention that we have posted a presentation containing Q2 financial highlights to our Investor Relations website located at investors.revolve.com.
I would also like to remind you that this conference call will include forward-looking statements, including statements related to our future growth, our inventory balance, our key priorities and operating initiatives, industry trends, our marketing events and impact, our partnerships and strategic acquisitions, our physical retail stores, and our outlook for net sales, gross margin, operating expenses and effective tax rate.
These statements are subject to various risks, uncertainties and assumptions that could cause our actual results to differ materially from these statements, including the risks mentioned in this afternoon's press release as well as other risks and uncertainties disclosed under the caption Risk Factors and elsewhere in our filings with the Securities and Exchange Commission, including, without limitation, our annual report on Form 10-K for the year ended December 31, 2023 and our subsequent quarterly reports on Form 10-Q, all of which can be found on our website at investors.revolve.com. We undertake no obligation to revise or update any forward-looking statements or information except as required by law.
During our call today, we'll also reference certain non-GAAP financial information, including adjusted EBITDA and free cash flow. We use non-GAAP measures in some of our financial discussions as we believe they provide valuable insights on our operational performance and underlying operating results. The presentation of this non-GAAP financial information is not intended to be considered in isolation or as a substitute for or superior to the financial information prepared and presented in accordance with GAAP, and our non-GAAP measures may be different from non-GAAP measures used by other companies.