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RealReal ( (REAL) ) has provided an update.
On February 10, 2025, The RealReal, Inc. finalized a debt exchange agreement reducing its total indebtedness by $37 million by exchanging $183 million of 1.00% Convertible Senior Notes due 2028 for $147 million of new 4.00% Convertible Senior Notes due 2031. This strategic move strengthens the company’s financial position and capital structure. The company also reported strong preliminary financial results for the fourth quarter and full year 2024, exceeding previous guidance ranges for Gross Merchandise Value (GMV) and Adjusted EBITDA, signaling an important inflection point towards profitable growth.
More about RealReal
The RealReal is the world’s largest online marketplace for authenticated, resale luxury goods, offering a platform for consumers to buy and sell items with the assurance of a rigorous authentication process. The company supports the circular economy by giving new life to fashion, jewelry, watches, art, and home items from various brands.
YTD Price Performance: -14.94%
Average Trading Volume: 3,297,391
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $918.1M
For detailed information about REAL stock, go to TipRanks’ Stock Analysis page.
