The RealReal Announces Timing of Its First Quarter Earnings Results Conference Call
April 26 2021 - 9:00AM
The RealReal (Nasdaq: REAL)—the world’s largest online marketplace
for authenticated, resale luxury goods—today announced that it will
release its financial results for the first quarter ended Mar. 31,
2021, after the market closes on May 10, 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 8157017. 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, resale luxury
goods, with more than 20 million members. 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 hundreds of 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 thousands
of brands across numerous categories—including women's and men's
fashion, fine jewelry and watches, art and home—in support of the
circular economy. We make selling effortless with free virtual
appointments, in-home pickup, drop-off and direct shipping. We do
all of the work for consignors, including authenticating, using AI
and machine learning to determine optimal pricing, photographing
and listing their items, as well as handling shipping and customer
service. At our 16 retail locations, including our 11 shoppable
stores, customers can sell, meet with our experts and receive free
valuations.
Investor Relations Contact:Paul BieberHead of
Investor Relationspaul.bieber@therealreal.com
Press Contact:Erin SantyHead of External
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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