Consider that in 2013, Amazon had $74 billion in sales. Naysayers then may have questioned Amazon's continued prospects, and they would have missed out on incredible returns. At the same time, there were plenty of less well-known companies that arrived on the scene and stole other growth companies' thunder.
Shares of Revolve Group (NYSE: RVLV) are falling today, down by 14.5% as of 11:34 a.m. ET following the company's second-quarter earnings release. Revolve reported an increase in revenue and higher gross margin, but business conditions worsened in July, causing a sharp deceleration in revenue growth. Investors have been on pins and needles, punishing any company that shows signs of weakness.
Revolve Group (RVLV) delivered earnings and revenue surprises of -26.67% and 1.55%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?