The RealReal Posts Record‑Breaking GMV as Luxury Resale Gains Speed

Luxury resale platform The RealReal announced a standout third quarter, with gross merchandise value (GMV) climbing 20 % year‑over‑year to $520 million and revenue up 17 % to $174 million, compared to the same period in 2024. Buoyed by these results, the company raised its full‑year GMV guidance to over $2.1 billion. CEO Rati Saha Levesque proclaimed that shifting resale into a primary shopping option is central to the strategy, noting data‑driven insights now inform the broader luxury market. Within the business, fine jewellery emerged as the fastest‑growing category. First‑time watch buyers jumped 46 %, and wedding‑dress searches surged 247 % year‑on‑year; searches for fair‑condition handbags increased 32 %, signalling that value and practicality are driving demand. On the operations front, The RealReal emphasised efficiency: its AI‑powered intake system “Athena” handled 27 % of Q3 items, with a target of 40 % by year‑end, helping to shorten processing times and boost margins. Looking ahead to Q4, the company expects GMV in the range of $585–595 million and revenue between $188–191 million, supported by sustained consumer demand and operational leverage. #LuxuryResale #TheRealReal #SecondHandLuxury #ResaleBoom #SlimScan #GrowthStocks #CANSLIM