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Shares of ThredUp (NASDAQ: TDUP) turned sharply higher on Tuesday, surging as much as 21%. As of 1:42 p.m. ET, the stock was still up 21%. The catalyst that sent the online seller of second-hand goods higher was an earnings report that, while mixed, was better than inves...
ThredUp Inc. (TDUP) Q2 2022 Earnings Conference Call August 15, 2022 4:30 PM ET Company Participants James Reinhart – Chief Executive Officer and Co-Founder Sean Sobers – Chief Financial Officer Conference Call Participants Trevor Young ...
ThredUp ( NASDAQ: TDUP ) shares ticked higher in Monday’s extended session after posting strong margins and user growth for the second quarter. The Oakland-based eCommerce player posted a wider than expected loss , alongside a narrow beat on revenue estima...
ThredUp press release ( NASDAQ: TDUP ): Q2 GAAP EPS of -$0.29. Revenue of $76.42M (+27.5% Y/Y). Second quarter gross margin of 68.9% and gross profit growth of 19% year-over-year. "Record gross margins in our US business of 74.2%," report. Active Buyers of 1.7 mill...
Quarterly revenue of $76.4 million, representing 27% growth year-over-year. Second quarter gross margin of 68.9% and gross profit growth of 19% year-over-year. Record gross margins in our US business of 74.2%. Active Buyers of 1.7 million and Orders of 1.7 million in Q2 2022, repr...
Poshmark Inc ( NASDAQ: POSH ) is up more than 15% this morning after a Barclays analyst said the stock will do well in a recessionary environment. Poshmark should be a $17 stock On Monday, Trevor Young initiated Poshmark stock at “overweight” and announced a pr...
Poshmark ( NASDAQ: POSH ) is a strong pick as eCommerce-focused consumers trade down amidst a macroeconomic slowdown, per Barclays analyst Trevor Young. In a note assuming coverage of the stock, Young noted that secular tailwinds in second hand fashion are bolstered ...
Tommy Hilfiger and thredUP Join Forces to Launch Resale Program in the United States PR Newswire As part of Tommy Hilfiger's vision to create fashion that Wastes Nothing and Welcomes All, the 360-resale program is now available to U.S. consumers. NEW YORK a...
thredUP Names Noelle Sadler Chief Marketing Officer PR Newswire Seasoned ecommerce leader and former CMO of Lulus joins thredUP to oversee marketing and merchandising OAKLAND, Calif. , Aug. 4, 2022 /PRNewswire/ -- thredUP (NASDAQ: TDUP), o...
As the company's gross margins increased to 34.3% in 2021, we believe it could continue to increase its margins as it focuses on investments in RFID and at-home pick. Another factor we believe could drive its margin growth higher is its product acquisition shift towards lower-cost non...
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OAKLAND, Calif., July 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 second quarter ended June 30, 2024 will be released on Monday, August 5, 2024 a...
Retail and technology executive brings 25+ years of experience to ThredUp’s Board of Directors to enhance the secondhand shopping experience ThredUp (NASDAQ: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, today announced that No...