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An update from RVRC Holding AB ( (SE:RVRC) ) is now available.
RevolutionRace reported a modest 2% increase in net sales for the third quarter, amounting to SEK 486 million, despite a slight decline in gross profit and EBIT. The company maintained a strong adjusted EBIT margin of 20.8%, indicating resilience in its financial performance amidst challenging market conditions.
More about RVRC Holding AB
RVRC Holding AB, operating under the brand RevolutionRace, is involved in the outdoor apparel industry, focusing on providing high-quality and functional clothing for outdoor activities. The company is known for its direct-to-consumer sales model and aims to cater to a global market with its innovative and durable products.
Average Trading Volume: 334,410
Current Market Cap: SEK5.53B
See more insights into RVRC stock on TipRanks’ Stock Analysis page.