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Quarterly revenue of $67.9 million, representing 7% growth year-over-year. Third quarter gross margin of 65.5% and gross profit decline of 3% year-over-year. Active Buyers of 1.7 million and Orders of 1.6 million in Q3 2022, representing year-over-year growth of 18%...
Summary The market is greatly overestimating the effect of higher rates and inflation on durable goods, materials and financial companies, while underestimating the impact on speculative assets. The Strategy underperformed its Russell 2000 benchmark, as positive contributions from...
OAKLAND, Calif., Oct. 24, 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 third quarter ended September 30, 2022 will be released on Mon...
Hot Topic Launches "Hot Topic Replay," a New Resale Program Enabled by thredUP PR Newswire Leveraging thredUP's Resale-as-a-Service Ⓡ , Hot Topic now offers secondhand items from its own brand and other pop culture brands LOS ANGELES and OA...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips What a day it’s been for e-commerce stocks across the board. Most major players in this sector have surged today as bond yields decline. Investors appear to be pricing in a slowing of rate hikes, given the Bank of Au...
Shares of ThredUp (NASDAQ: TDUP) , the online clothing resale site, were taking off today on news that rival Poshmark (NASDAQ: POSH) was getting acquired. Investors took that as a sign that a prospective buyer could appear for ThredUp. As of 1:42 p.m. ET, ThredUp stock w...
thredUP Releases Inaugural Impact Report PR Newswire thredUP's 2021 report reaffirms the company's commitment to environmental, social, and governance initiatives and highlights its impact on people, communities, and the planet OAKLAND, Calif. , Oct. ...
OAKLAND, Calif., Sept. 07, 2022 (GLOBE NEWSWIRE) -- ThredUp Inc. (Nasdaq: TDUP), one of the world’s largest online resale platforms for women’s and kids’ apparel, shoes, and accessories, announced today that CEO and co-founder James Reinhart and CFO Sean Sobers will par...
Summary ThredUp has essentially proven that its business model is uneconomical. The day of reckoning has already been priced in with shares down 90%. With revenue growth set to reverse in the second half of the year, the situation is dire. In March 2021, I believed t...
Akre Capital Management’s 13F portfolio value decreased from $14.67B to $12.49B this quarter. They added Snowflake and increased DigitalBridge & Goosehead Insurance while decreasing Mastercard, CoStar Group, and Alarm.com during the quarter. They also dropped ANSYS. The...
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OAKLAND, Calif., May 22, 2024 (GLOBE NEWSWIRE) -- ThredUp (NASDAQ:TDUP, LTSE: TDUP)), one of the largest online resale platforms for apparel, sh...
OAKLAND, Calif., May 22, 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: ...
First quarter revenue of $79.6 million, representing an increase of 5% year-over-year. First quarter gross margin of 69.5% and an increase in gross profit of 8% year-over-year. Active Buyers of 1.7 million and Orders of 1.7 million in Q1 2024, representing an increase of 4%...