The RealReal Announces Timing of Its Fourth Quarter and Full Year 2020 Earnings Results Conference Call
February 03 2021 - 12:00PM
The RealReal (Nasdaq: REAL)--the world’s largest online marketplace
for authenticated, consigned luxury goods--today announced that it
will release its financial results for the fourth quarter and full
year ended Dec. 31, 2020, after the market closes on Feb. 22, 2021.
The RealReal will host a conference call at 2:00
p.m. Pacific Time (5:00 p.m. Eastern Time) to review its results
with the investment community. Investors and analysts can access
the call by dialing (866) 996-5385 in the U.S. or (270) 215-9574
internationally. The passcode for the call is 1836039. The call
will also be available via live webcast at
investor.therealreal.com.
The archived webcast will be available shortly
after the call at investor.therealreal.com.
About The RealReal, Inc.The
RealReal is the world’s largest online marketplace for
authenticated, consigned luxury goods. With a rigorous
authentication process overseen by experts, The RealReal provides a
safe and reliable platform for consumers to buy and sell their
luxury items. We have 150+ in-house gemologists, horologists and
brand authenticators who inspect thousands of items each day. As a
sustainable company, we give new life to pieces by hundreds of
brands, from Gucci to Cartier, supporting the circular economy. We
make consigning effortless with free in-home pickup, drop-off
service, virtual appointments and direct shipping for individual
consignors and estates. At our stores in Brooklyn, Chicago, Los
Angeles, New York City, Palo Alto and San Francisco, customers can
shop, consign, and meet with our experts. At our 12 Luxury
Consignment Offices, seven of which are in our retail stores, our
expert staff provides free valuations.
Investor Relations Contact:Paul
BieberHead of Investor Relationspaul.bieber@therealreal.com
Press Contact:Erin SantyHead of
Communicationspr@therealreal.com
Forward Looking StatementsThis
press release contains forward-looking statements relating to,
among other things, the future performance of The RealReal that are
based on the company's current expectations, forecasts and
assumptions and involve risks and uncertainties. In some cases, you
can identify forward-looking statements by terminology such as
“may,” “will,” “should,” “could,” “expect,” “plan,” anticipate,”
“believe,” “estimate,” “predict,” “intend,” “potential,”
“continue,” “ongoing” or the negative of these terms or other
comparable terminology. These statements include, but are not
limited to, statements about future operating results, including
the amounts of our operating expense and capital expenditure
reductions and our strategies, plans, commitments, objectives and
goals. Actual results could differ materially from those predicted
or implied and reported results should not be considered as an
indication of future performance. Other factors that could cause or
contribute to such differences include, but are not limited to, any
failure to generate a supply of consigned goods, pricing pressure
on the consignment market resulting from discounting in the market
for new goods, failure to efficiently and effectively operate our
merchandising and fulfillment operations, the impact of the novel
coronavirus (COVID-19) or social unrest on our operations and other
reasons.
More information about factors that could affect
the company's operating results is included under the captions
“Risk Factors” and “Management's Discussion and Analysis of
Financial Condition and Results of Operations” in the company's
most recent Annual Report on Form 10-K and subsequent quarterly
reports on Form 10-Q, copies of which may be obtained by visiting
the company's Investor Relations website at
https://investor.therealreal.com or the SEC's website at
www.sec.gov. Undue reliance should not be placed on the
forward-looking statements in this press release, which are based
on information available to the company on the date hereof. The
company assumes no obligation to update such statements.
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