EPISODE · May 4, 2026 · 1 MIN
Mente Sells Revolve Shares, But No Cause for Alarm
from The Daily News Now! Business
Michael Mente, co-CEO of Revolve Group, sold 119,000 Class A shares for $3.14 million, reducing his direct holdings to 73,000 shares. This sale aligns with his pattern of selling shares since September 2021, but he still holds over 90 million Class B shares. Revolve Group, an online fashion platform, reported 8% YOY sales growth in 2026, with gross profits up 11% and net income surging 25%. Investors should monitor their Q1 2026 earnings, set to drop after markets close on May 5th. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a7849f7df7867407
NOW PLAYING
Mente Sells Revolve Shares, But No Cause for Alarm
No transcript for this episode yet
Similar Episodes
Mar 26, 2026 ·1m
Mar 19, 2026 ·34m
Feb 18, 2026 ·11m
Feb 11, 2026 ·45m