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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...
OAKLAND, Calif., July 18, 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 second quarter ended June 30, 2022 will be relea...
Shares of ThredUp ( NASDAQ: TDUP ) touched a new all-time low on Tuesday, extending an over 90% decline in the past year. Shares fell over 8% at intraday lows, ticking in at $2.23. The nadir marks a stark decline from the 52-week high of $29.84 and extends a steep de...
eCommerce stocks have been a painful place for investors to be positioned throughout the first half of 2022. Headline names like Shopify ( NYSE: SHOP ), Etsy ( NASDAQ: ETSY ), Revolve Group ( NYSE: RVLV ), and Wayfair ( NYSE: W ) that were adored as p...
Despite deep drawdowns for the sector as many pandemic restrictions have come down across the globe, Raymond James is advising clients that eCommerce is full of opportunity. In a new initiation note released on Thursday, equity analyst Rick Patel assigned “Buy”...
Gainers: Boxed (BOXD) +21%. Hemisphere Media Group (HMTV) +16%. Xcel Brands (XELB) +11%. Vroom (VRM) +10%. The9 Limited (NCTY) +9%. Losers: PLAYSTUDIOS (MYPS) -18%. Weber (WEBR) -13%. National CineMedia (NCMI) -12%. ThredUp (TDUP) -11%. FingerMotion (FNGR) -11%. For further detail...
Apparel, shoes, and accessories company ThredUp (NASDAQ:TDUP) is set to join the broad-market Russell 3000 Index from market open on Jun. 27. The company is also expected to be added to the Russell Microcap Index. The membership in the index remains in place for 1 year. Source: Press Rel...
Akre Capital Management’s 13F portfolio value decreased from $17.92B to $14.67B this quarter. They decreased Dollar Tree and Alarm.com Holdings during the quarter. The top three positions are Mastercard, Moody’s, and American Tower, and they add up to ~41% of the ent...
A key question for investors eyeing the eCommerce space is one of whether the pain in the sector is finally coming to a close. After significant declines through the first half of 2022, many of those already invested in the space will certainly hope so. For example, high-multiple internet ret...
ThredUp (NASDAQ:TDUP +7.9%) soared in Wednesday trading in a move being attributed by an appearance by the retailer's execs at a William Blair conference. William Blair reiterated an outperform rating on TDUP after pointing to "sustainable" strong top-line dynamics with room for upside. A hig...
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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...