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REVB Revolution Beauty Group Plc

16.25
0.45 (2.85%)
10 Oct 2024 - Closed
Delayed by 15 minutes
Revolution Beauty Investors - REVB

Revolution Beauty Investors - REVB

Share Name Share Symbol Market Stock Type
Revolution Beauty Group Plc REVB London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.45 2.85% 16.25 16:35:06
Open Price Low Price High Price Close Price Previous Close
15.46 15.02 16.50 16.25 15.80
more quote information »
Industry Sector
PERSONAL GOODS

Top Investor Posts

Top Posts
Posted at 10/10/2024 07:20 by aishah
AJ Bell: Revolution Beauty results are ugly

Revolution Beauty (REVB) has delivered an ugly set of results that AJ Bell says only adds to investor disappointment with the make-up brand.

The group reported a 20% decline in sales to £72m in the first half of the year, blaming stock clearance as part of a streamlining of its product portfolio, and expects a return to sale growth early next year as it continues its turnaround. The news sent the shares down 13.4% to 15.5p, marking a 91% decline since it listed in 2021.

Analyst Russ Mould said expectations were ‘hardly set high given the disappointments the company has served up since joining the market in 2021’ but saw fit to serve up further punishment after the interim update.

‘The one saving grace is the poor performance relates to sales of non-core products as the company shifts focus to its core brand and this might explain the volatile response to today’s update, with the shares recovering somewhat from their intraday lows,’ Mould said.

He said profit is on track ‘for now’ despite the lower revenues, which reflects improved profitability and it is progressing on strategic initiatives with product launches and tie-ups with retailers.

‘However, it has very little credit in the bank with investors and it will be interesting to see what major shareholder Boohoo does with its stake as it reportedly considers selling off assets in the wake of its own indifferent performance,’ he said.
Posted at 26/6/2024 14:24 by di canio 10
“According to a survey carried out by investment bank Harris Williams, more than half of 18- to 24-year-olds find products through TikTok and are happy not to test them in store” Investors Chronicle 17-23 May 2024.Revolution Beauty TikTok UK shop launched in May 2024 and US launching Q3 FY25. Digital 22 % of FY 24 sales mix. If Revolution Beauty get this right it be transformational in driving sales in the coming years and underpin the recovery story in my view.
Posted at 23/4/2024 17:22 by donald pond
I think if CHRY asked specific questions of the directors and go back answers which were inaccurate which led them to invest the directors are going to be liable and as they were acting in the course of business that extends to the company. Usually actions aren't brought because iirc there is no duty owed to the general public (that's why investors can't sue auditors). But if they made specific representations to specific people knowing they would be relied upon my understanding is that a claim exists
Posted at 23/4/2024 17:14 by bertiebingo
Reading the 2022 annual report the PnL materiality effect is small, it's seems it's more to do with shuffling around costs, profits. There is inventory write downs. There isn't a fraud as far as I am aware. As a career long short manager I have never heard of an investor suing and winning due to a restatement of accounts. Will ask a forensic analyst friend of mine .
Posted at 27/3/2024 10:33 by robertbarns1
millenial investor my average is now 8p on many good trades
Posted at 14/11/2023 08:50 by john09
Good statement

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New thread for sharewatchers. General chat about SCSW followed stocks so investors can discuss 2024 etc. No sharing of subscriber only information
Posted at 10/8/2023 08:47 by wallywoo
Disagree. This feels like just the sort of investment that can shoot up beyond 40p in very quick time. I have been accumulating between 25 -27p, for that reason.


We already know growth was 60% in Q1 and they have hinted this is generating cash again. There are not many businesses doing that currently. This is the perfect time for a good value brand to gain market share, with many looking for cheap but good alternatives to expensive brands. Revb answers that need extremely well.


With revolution beauty's mass distribution across multiple markets with numerous sales partners, this is a chance to grab a bargain before anyone notices. Imho! There's not too much debt on the balance sheet for investors to worry about, which I feel will quickly fall.


Just look at W7L for the sort of share price growth this could achieve in the future. Just needs a few periods of stability, without any traumas!
Posted at 02/7/2023 08:46 by masurenguy
The mess at Revolution Beauty highlights the dangers of FOMO

Adam Minto quit last November, two months after the shares were suspended over an accounting investigation that turned up all manner of uglies. Sales had been dressed up by almost £10m through a process known as “channel stuffing”, whereby distributors are persuaded to take stock they don’t need. Adam and co-founder Tom Allsworth, who resigned as chairman last month, had made undisclosed personal loans to distributors. The terms of Revolution’s £27.5m acquisition of a company called Medichem from Allsworth were questioned. The new board is pursuing Adam for damages.

Investors who bought at the 160p float price have obviously taken a bath (the shares, unfrozen last week, closed at 31p). Revolution was among a crop of Covid stocks — THG and now-dismantled furniture maker Made.com being two others — flogged to gullible buyers who were convinced lockdown consumer behaviour would last forever.

Complete article here:

No position - just watching with interest
Posted at 01/7/2023 13:45 by goforgold1
Why you keep posting same post over and over again what you post will not affect the share price . Only institutional investors will . But funny to read
Posted at 29/6/2023 07:10 by patio58
boohoo group plc Statement on REVB's grant of share optionsSource: UK Regulatory (RNS & others)TIDMBOORNS Number : 3622Eboohoo group plc29 June 2023 FOR IMMEDIATE RELEASE 29 June 2023 boohoo group plc("boohoo")Statement on Revolution Beauty Group plc's grant of share optionsFurther to yesterday morning's announcement by Revolution Beauty Group plc ("Revolution Beauty") confirming the grant of nil cost share option awards to Bob Holt, Elizabeth Lake and sixteen other members of the Revolution Beauty management team (the "Free Share Awards"), boohoo demands that Revolution Beauty:-- publishes the terms of the grant of the Free Share Awards granted to Bob Holt and Elizabeth Lake together with any award letters issued to the relevant individuals on its website without delay; and-- confirms publicly that the proposed terms of grant of the Free Share Awards were not amended following the announcement by boohoo on 19 June 2023 of its intention to vote against the appointments of Bob Holt and Elizabeth Lake at yesterday's Revolution Beauty annual general meeting.Despite the Free Share Awards having a dilutive impact of 3.4% on existing Revolution Beauty shareholders, they were not consulted on the Free Share Awards, did not approve its terms, nor approve the appointment of its two main beneficiaries as directors. Those main beneficiaries, Bob Holt and Elizabeth Lake, have only served very short tenures of 8 and 13 months respectively and, based on the closing price of Revolution Beauty yesterday, received approximately GBP2.1m of Free Share Awards, notwithstanding shareholders voting to remove them from office by an overwhelming majority.The only disclosure Revolution Beauty has made around the terms of the Free Share Awards prior to today's announcement is five sentences hidden in its annual report for the period ended 28 February 2022 published on 26 May 2023. They were not referred to in any public announcement prior to yesterday morning. This all demonstrates a lack of transparency and actions which are self-serving and not in the best interests of shareholders.-ends- Enquiries boohoo group plc Shaun McCabe, Chief Financial Officer Tel: +44 (0)161 233 2050 Alistair Davies, Investor Relations Tel: +44 (0)161 233 2050 Mark Mochalski, Investor Relations Tel: +44 (0)20 3239 6289 Clara Melia, Investor Relations Tel: +44 (0)20 3289 5520 Zeus Capital - Nominated adviser and joint broker Dan Bate / James Edis Tel: +44 (0)161 831 1512 Benjamin Robertson Tel: +44 (0)20 3829 5000 Jefferies - Joint broker Ed Matthews / Harry Le May Tel: +44 (0)20 7029 8000 Buchanan - Financial PR adviser boohoo@buchanan.uk.com Richard Oldworth / Toto Berger / Verity Tel: +44 (0)20 7466 Parker 5000 About boohoo group plc"Leading the fashion eCommerce market"Founded in Manchester in 2006, boohoo is an inclusive and innovative global brand targeting young, value-orientated customers, pushing boundaries to bring its customers up-to-date and inspirational fashion, 24/7.In 2017, the group extended its customer offering through the acquisitions of the vibrant fashion brand PrettyLittleThing and free-thinking brand Nasty Gal. In March 2019, the group acquired the MissPap brand, in August 2019 the Karen Millen and Coast brands and in June 2020 the Warehouse and Oasis brands, all complementary to the group's scalable, multi-brand platform. In January 2021, the group acquired the intellectual property assets of Debenhams, with the goal of transforming a leading UK fashion and beauty retailer into a digital department store and marketplace through a new capital-light and low-risk operating model. In February 2021, the group acquired the intellectual property assets of UK brands Dorothy Perkins, Wallis and Burton. As at 28 February 2023, the boohoo group had 18 million active customers across all its brands around the world.This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.ENDSTREASKNADDDEEA(END) Dow Jones NewswiresJune 29, 2023 02:00 ET (06:00 GMT)

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