The RealReal Inc (NAS:REAL)
$ 3.335 0.11 (3.41%) Market Cap: 361.84 Mil Enterprise Value: 752.79 Mil PE Ratio: 0 PB Ratio: 0 GF Score: 67/100

RealReal Inc at Piper Sandler Consumer Marketplace Conference (Virtual) Transcript

Jun 03, 2021 / 05:10PM GMT
Release Date Price: $17.23 (-4.75%)
Erinn Elisabeth Murphy
Piper Sandler & Co., Research Division - MD & Senior Research Analyst

Great. Thanks, and good afternoon. I'm Erinn Murphy, the senior research analyst at Piper covering the global fashion lifestyle brands, and it is my privilege to introduce our next fireside chat.

With me on the Zoom stage, we have the RealReal management team with Founder and CEO, Julie Wainwright; CFO, Matt Gustke; as well as Paul Bieber, our Trustee Director of IR, who is now going behind the scenes. But thank you, Paul, for being here as well.

Questions & Answers

Erinn Elisabeth Murphy
Piper Sandler & Co., Research Division - MD & Senior Research Analyst

So Julie, I'd love to start with you. You guys had a nice pre-announcement yesterday afternoon after the market closed, just giving us an update on how the business has been trending over the last couple of months. I believe GMV was up over 100% and AOV is really record levels from what we've seen of late.

So I'll start with you. What is driving the acceleration as the

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