Mente Sells Revolve Shares, But No Cause for Alarm episode artwork

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

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Mente Sells Revolve Shares, But No Cause for Alarm

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This episode was published on May 4, 2026.

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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...

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