TDUP News and Press, ThredUp Inc. From 05/11/22

ThredUp went public in March 2021, raising approximately $168 million in gross proceeds in a U.S. IPO. The firm operates online marketplaces for secondhand clothing and accessories. TDUP continues to grow topline revenue but hasn't demonstrated a credible path to operating breakev...

Needham slashes its price target on ThredUp (TDUP -1.9%) in reaction to slower demand and with spending by the online retailer on investments to support growth still at an elevated level. ThredUp's (TDUP) core mass price consumer is noted to be getting squeezed more for discretionary purchase...

ThredUp, Inc. (TDUP) Q1 2022 Earnings Conference Call May 09, 2022, 16:30 ET Company Participants James Reinhart - Co-Founder, CEO & Director Sean Sobers - CFO Conference Call Participants Ike Boruchow - Wells Fargo Securities Dylan Carden - William Blair & Company Anna Andreeva - Nee...

ThredUp press release (NASDAQ:TDUP): Q1 GAAP EPS of -$0.21 misses by $0.01. Revenue of $72.7M (+30.6% Y/Y) beats by $1.31M. Shares -10%. For further details see: ThredUp GAAP EPS of -$0.21 misses by $0.01, revenue of $72.7M beats by $1.31M

Quarterly revenue of $72.7 million, representing 31% growth year-over-year. First quarter gross margin of 69.1% and gross profit growth of 26% year-over-year. Record number of Active Buyers of 1.7 million in Q1 2022 and Orders of 1.6 million in Q1 2022, representing growth of 33...

ThredUp continues to grow at a nice pace, even though it is causing the firm significant losses and cash outflows in the process. This is worrisome at first glance, but a closer look allows us to put the data into context. All things factored in, the picture isn't great but it's n...

Online retail and e-commerce stocks spun lower on Thursday after a common theme of decelerating post-pandemic sales growth and higher costs was seen with the big reports from Shopify (SHOP -17.7%), Wayfair (NYSE:W -16.7%), Etsy (NASDAQ:ETSY -13.7%) and eBay (EBAY -9.2%). The pandemic valuatio...

thredUP Debuts the Recommerce 100, a Comprehensive Review of Branded Resale Programs PR Newswire The first-of-its-kind monthly index tracks which brands and retailers have launched resale programs and their potential impact on the planet OAKLAND, Calif. ,...

Wedding demand could be a key factor driving many retail and apparel stocks higher. According to research firm The Wedding Report, wedding-related products and services are booming in 2022 as many COVID-delayed weddings are booked this year. Per the firm’s data, sales of these products...

OAKLAND, Calif., April 12, 2022 (GLOBE NEWSWIRE) -- ThredUp Inc. (Nasdaq: TDUP), one of the largest online resale platforms for women’s and kids’ apparel, shoes, and accessories, announced today that its financial results for the first quarter ended March 31, 2022 will be rele...