TDUP News and Press, ThredUp Inc. From 05/02/24

Former executive of Pigu Hobby Hall Group and eMAG to lead ThredUp’s European business as the company’s General Manager of Europe Long-time ThredUp executive Dan DeMeyere to transition back to the U.S. business as Chief Product and Technology Officer after running internatio...

2024-04-10 16:50:55 ET Shares of Rent the Runway ( NASDAQ: RENT ) were catapulted higher in Wednesday’s after-hours trade after the company showed a narrower loss from a year ago with modest subscriber retention for the year. The company also expects initiatives set in place ...

OAKLAND, Calif., April 08, 2024 (GLOBE NEWSWIRE) -- ThredUp (NASDAQ: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, announced today that its financial results for the first quarter ended March 31, 2024 will be released on Monday, May 6, 2024 aft...

2024-04-05 22:19:06 ET Summary TDUP’s revenue has grown well (+20% CAGR), driven by an aggressive go-to-market strategy, as the company seeks to gain market share and develop a marketplace in a highly competitive industry. We struggle to see how TDUP can develop into a lucr...

New study finds 60% of consumers say shopping secondhand apparel gives them the most bang for their buck; 55% say they’ll spend more on secondhand if the economy doesn’t improve. Branded resale saw continued momentum in 2023, with 31% year-over-year growth; 163 brands now of...

2024-03-07 02:33:58 ET Summary ThredUp's actual EBITDA loss for Q4 2023 was wider than expected as a result of a non-recurring inventory write-off. TDUP's new FY 2024 EBITDA margin guidance of 1.0% is higher than the market's consensus forecast of 0.7%. ThredUp stock is still ...

OAKLAND, Calif., March 05, 2024 (GLOBE NEWSWIRE) -- ThredUp (NASDAQ: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, announced today that CEO and co-founder James Reinhart and CFO Sean Sobers will participate in the following investor conference:...

2024-03-05 15:22:40 ET Read the full article on Seeking Alpha For further details see: The RealReal rally continues as shares reach 22-month high

2024-03-05 12:38:40 ET Gainers: Sunshine Biopharma ( SBFM ) +147% . Airship AI Holdings ( AISP ) +87% . Datasea ( DTSS ) +79% . Dave ( DAVE ) +58% . Apogee Therapeutics ( APGE ) +49% . Ocean Biomedical ( OCEA ) +50% ....

2024-03-05 11:17:47 ET More on Consumer Discretionary Select Sector SPDR ETF XLY: Consumer Discretionary Rebound May Reverse As Retail Sales Crash XLY: Consumer Discretionary Dashboard For December Tech leads, Utilities lag -- S&P sectors ranked by SA Quant Metri...