BUZZ-Revolve Group jumps after Q3 sales beat

Reuters11-06

** Fashion retailer Revolve Group's RVLV.N shares rise 21.8% to $31.70 premarket

** On Tuesday, company reported Q3 net sales of $283.1 mln beating analysts' expectations of $271 mln, according to data compiled by LSEG

** Company posted Q3 earnings of 15 cents per share vs est 10 cents - LSEG

** "Key contributors to our increased profitability were meaningfully improved efficiency in our logistics costs, continued improvement in our return rate, and increased marketing efficiency year-over-year," co-CEO Mike Karanikolas said

** At least 6 brokerages raise PTs on stock after results

** As of last close, company's shares up ~57% YTD

(Reporting by Prakhar Srivastava in Bengaluru)

((prakhar.srivastava2@thomsonreuters.com))

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