The RealReal revenue rose 82% to $105 million in the second quarter of the year. This marks the highest quarterly increase in revenue for the luxury used goods seller since before the pandemic. The firm, which lets customers buy and sell high-end apparel and footwear on its site and in stores, also said losses widened to $71 million, up from $43 million a year prior. Shares fell nearly 7% after...
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How Netflix Can Regain Momentum
We’re now just a couple of weeks away from the second-quarter earnings reporting season. And if history is any guide, first out of the gate will be Netflix’s report on July 19, which is likely to be one of the most closely watched tech earnings updates of the quarter. Netflix’s first-quarter report, revealing a tiny drop in subscribers and forecasting a bigger one for the second quarter,...
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