- The pandemic has accelerated the shift to e-commerce, from which the company looks poised to benefit from.
- We see some challenges ahead as the company finds itself with merchandise that seems out of touch with current trends.
- While margins might come under pressure in the upcoming quarters, we believe they will start to bounce back once private labels increases as a percentage of total sales once again.
- Given the current market conditions, investors should wait for a bigger margin of safety.
For further details see:
Revolve Group: Growth At A Reasonable Price