The RealReal recently hired a new CEO and REAL appears to be shifting its focus to consignments, a higher margin activity. Click for our take on REAL stock.
The launch of sport utility vehicles (SUVs) Grand Vitara and new Brezza too did not do enough to increase the company’s passenger vehicle (PV) market share in FY23.
The launch of sport utility vehicles (SUVs) Grand Vitara and new Brezza too did not do enough to increase the company’s passenger vehicle (PV) market share in FY23.
i m not, neil. i ll tell you why. i know there s this concern about is this a canary in the coal mine. what is happening in the tech sector if you look at the lay-offs in 2022, 2023, they re almost all tech companies. they re right sizing. they got out over the top of their skis. the proof of that, look at revenue per employees, it s about 1 to 1.5 million per employee. that should have been coming down. you should have operating leverage. if your revenue goes up 20%, you don t need 20% more employees. they ve been hiring into their revenue. they realized that s not the case. so now they re blaming a looming recession on that. when microsoft did their lay-offs, the representatives were in davos at a sting concert. that doesn t sound like a management team that is panicking.
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