- Advertisement -
The RealReal has returned to growth.
The online luxury resale platform reported its highest quarterly revenue to date in the three months ending June 30, up 14 percent year-over-year and totalling $165 million. Its adjusted EBITDA, or earnings before interest, taxes, depreciation and appreciation, of $6.8 million made up 4 percent of revenue and exceeded analyst expectations.
As traditional retailers are feeling the squeeze of tariffs inflating the cost of goods, resale players like The…
