thredUP

thredUP, Inc. operates as an online clothing resale shop. It also provides shoes and handbags. The firm sells its products under the brand names J. Crew, Ann Taylor LOFT, Banana Republic, BCBGMAXAZRIA, Lululemon Athletica, Talbots, Free People, Lilly Pulitzer, and Madewell. The company was founded by James Reinhart, Chris Homer, and Oliver Lubin in January 2009 and is headquartered in Oakland, CA.

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thredUP reports solid Q4 results, eyes profitability amid market challenges

thredUP's Q4 2022 performance showed revenue growth and margin stability, with a focus on profitability.
Challenges include adjusting to changing consumer behavior and competitive promotional environments.
Opportunities lie in market optimism for resale growth, customer acquisition, and margin enhancement.
Strategic investments in operational efficiency and marketing effectiveness drive towards breakeven goals.

thredUP reports Q1 growth and operational focus for future success

thredUP's Q1 performance showed revenue growth, improved margins, and active buyer stability, with a focus on enhancing customer satisfaction and monetization.
While facing challenges in gross margins and processing times, the company is leveraging strengths in premium brand focus, cost control, and customer engagement dynamics.
Opportunities lie in cost reduction, customer segment growth, and sustained investor interest, positioning thredUP for continued strategic progress and operational success.

ThredUP reports revenue growth and margin improvement, eyes profitability

ThredUP reported solid financial performance with revenue growth and margin improvement, aiming for adjusted EBITDA breakeven in Q4 2023.
Strategic initiatives driving growth include marketplace acceptance, customer satisfaction, and expansion of Resale-as-a-Service.
Challenges lie in transitioning business models in Europe, managing competitive pressures, and adapting practices for different markets.
Opportunities exist in expanding distribution centers, adding new RaaS clients, and leveraging successful strategies for sustained growth.

ThredUp reports robust Q3 results, navigates challenges with strategic focus

ThredUp's Q3 performance reflects operational strength and strategic resilience amidst market challenges.
The company's focus on active buyer growth, margin expansion, and premium customer segments positions it for long-term success.
While facing near-term headwinds, ThredUp's strategic initiatives and evolving strategies present growth opportunities in a competitive market.

ThredUP reports revenue growth and margin improvement, eyes EBITDA breakeven

ThredUP's Q4 showed revenue growth and margin improvement, with a focus on achieving EBITDA breakeven in 2024.
Strategic AI initiatives and a shift to consignment present growth opportunities.
Challenges include consumer-related factors, but confidence in maintaining growth remains.
Overall, ThredUP is optimistic about 2024 based on past performance and strategic direction.

ThredUp reports Q1 growth, aims for AI transformation and profitability

ThredUp's Q1 performance reflects revenue growth, improved margins, and a strategic shift towards AI-powered operations.
The company's strengths include operational achievements, sustainability initiatives, and positive financial outlook for 2024.
Challenges include revenue uncertainties, marketing spend optimization, and balancing growth with profitability.
Opportunities exist in expanding services, leveraging AI technology, achieving financial stability, and driving brand growth.

ThredUp to divest EU business, focuses on U.S. growth

ThredUp faced challenges in Q2 but is taking strategic steps to address them, including divesting the EU business and focusing on the U.S. market. The company aims for EBITDA positivity in the U.S. and anticipates revenue declines in Q3 and Q4.

ThredUp excels in Q3, focuses on U.S. growth post-EU exit

ThredUp's Q3 performance in the U.S. was robust, with a focus on customer experience and operational improvements.
Exiting the European market and emphasizing U.S. operations signal a strategic shift towards growth and efficiency.
Investments in AI technology and a strong core business position ThredUp well for future revenue growth and profitability.

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thredUP, Inc. operates as an online clothing resale platform for apparel, shoes, and accessories. Its brands include J.Crew, Ann Taylor, Banana Republic, Lululemon Athletica, Talbots, and Madewell. It operates through the United States and Others geographical segments. The company was founded by James Reinhart, Chris Homer, and Oliver Lubin in January 2009 and is headquartered in Oakland, CA.

OAKLAND, Calif., March 06, 2023 (GLOBE NEWSWIRE) -- ThredUp Inc. (Nasdaq: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, today announced its financial results for the fourth quarter and full year ended December 31, 2022.

thredUP Announces Fourth Quarter and Full Year 2022 Results

OAKLAND, Calif., Feb. 27, 2023 (GLOBE NEWSWIRE) -- ThredUp Inc. (Nasdaq: 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:

thredUP to Participate in Morgan Stanley Conference

Pre-loved fashion marketplace ThredUp Inc. has seen a huge 10% price rise as I write today. To my mind, this was overdue. ThredUp functions in a promising market, with expected growth of 10-15% over the next decade. Its own past revenues confirm the rising trends.

ThredUp: High Potential, Low Price

OAKLAND, Calif., Feb. 06, 2023 (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 fourth quarter and full year ended December 31, 2022 will be released on Monday, March 6, 2023 after the close of the U.S. markets. thredUP will host a conference call and live webcast that day at 1:30 p.m. PT / 4:30 p.m. ET.

thredUP to Report Fourth Quarter and Full Year 2022 Financial Results on March 6, 2023

Influencer Nava Rose, who has 6 million followers on TikTok, has collaborated with resale site thredUP to give Gen-Zers an alternative to shopping fast fashion.

ThredUP Teams With Nava Rose To Help Users “Dump Fast Fashion”

The "forever francesca's®"  platform allows customers to shop for secondhand apparel, shoes and accessories online and resell pre-loved items of any brand for shopping credit. HOUSTON and OAKLAND, Calif.

francesca's® Announces Resale Program Powered By thredUP's Resale-as-a-Service® to Combat Fashion Waste

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Torrid Holdings

CITY OF INDUSTRY, Calif.--( BUSINESS WIRE )--Torrid Holdings Inc. (“Torrid” or the “Company”) (NYSE: CURV), a direct-to-consumer apparel, intimates, and accessories brand in North America for women sizes 10 to 30, today announced a resale program with thredUP (NASDAQ: TDUP), one of the largest online resale platforms for women's and kids' apparel, shoes, and accessories. Torrid is the first plus-size brand to leverage thredUP's Resale-as-a-ServiceⓇ (RaaSⓇ) for its Clean Out program. thredUP's RaaS enables brands to plug into its proprietary operating platform and deliver scalable, secondhand shopping experiences to its customers.

Torrid Becomes First Plus-Size Brand to Launch Resale Program with thredUP's Resale-as-a-ServiceⓇ

The AZEK Company

CHICAGO & OAKLAND, Calif.--( BUSINESS WIRE )--The AZEK Company Inc. (NYSE: AZEK) ("AZEK" or the “Company”), the industry-leading manufacturer of beautiful, low-maintenance and environmentally sustainable outdoor living products, including TimberTech® decking, Versatex® and AZEK® Trim, and StruXure™ pergolas, and thredUP (NASDAQ: TDUP), one of the largest online resale platforms for women's and kids' apparel, shoes, and accessories, are proud to announce a new recycling partnership to responsibly transform plastic waste into long-lasting, low-maintenance outdoor living products.

Circular Fashion Meets Sustainable Building Products: The AZEK® Company and thredUP Announce Plastic Recycling Partnership

OAKLAND, Calif., Nov. 30, 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 CEO and co-founder James Reinhart and CFO Sean Sobers will participate in the following investor conference:

thredUP to Participate in Barclays Global TMT Conference

ThredUp, Inc. (NASDAQ:TDUP ) Q3 2022 Earnings Conference Call November 14, 2022 4:30 PM ET Company Participants Lauren Frasch - Senior Director, IR & Strategic Finance James Reinhart - Co-Founder, CEO & Director Graden Sobers - CFO Conference Call Participants Trevor Young - Barclays Bank Alexandra Steiger - Goldman Sachs Tom Nikic - Wedbush Securities Lauren Schenk - Morgan Stanley Rakesh Patel - Raymond James & Associates Dana Telsey - Telsey Advisory Group Noah Zatzkin - KeyBanc Capital Markets Edward Yruma - Piper Sandler Anna Andreeva - Needham & Company Operator Good day, everyone, and welcome to the thredUp Third Quarter 2022 Earnings Conference Call. Today's call is being recorded.

ThredUp, Inc. (TDUP) Q3 2022 Earnings Call Transcript

OAKLAND, Calif., Nov. 14, 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 its financial results for the third quarter ended September 30, 2022.

thredUP Announces Third Quarter 2022 Results

The crown jewel of the collection is the limited edition collectors coats made from the leftovers used to make other products.

Zero Waste Daniel Partners With ThredUP To Give New Life To Unsaleable Clothing

ThredUp (TDUP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: ThredUp (TDUP) Q3 Earnings Expected to Decline

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 Monday, November 14, 2022 after the close of the U.S. markets. thredUP will host a conference call and live webcast that day at 1:30 p.m. PT / 4:30 p.m. ET.

thredUP to Report Third Quarter 2022 Financial Results on November 14, 2022

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 OAKLAND, Calif. , Oct. 12, 2022 /PRNewswire/ --  Hot Topic , Inc., the leader in pop culture merchandising, and thredUP (NASDAQ: TDUP), one of the largest online resale platforms for women's and kids' apparel, shoes, and accessories, today announced "Hot Topic Replay," a 360-resale program that allows customers to shop secondhand products directly through its website and resell apparel for Hot Topic credit.

Hot Topic Launches "Hot Topic Replay," a New Resale Program Enabled by thredUP

The latest to sign on today to thredUP's Retail as a Service, or RaaS, is teen and young adult retailer Hot Topic.

ThredUP Signs Hot Topic To Resale Service; Reveals Biggest Brands In Thrift

Poshmark

Shopify

Wish

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.

Why Are E-Commerce Stocks SHOP, POSH, WISH, TDUP Up Today?

The acquisition of a peer lifted shares of the online resale business.

Why ThredUp Stock Soared Today

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. 4, 2022 /PRNewswire/ --  thredUP (NASDAQ: TDUP), one of the largest online resale platforms for women's and kids' apparel, shoes, and accessories, today released its inaugural Impact Report , which outlines the company's business and brand-aligned environmental, social, and governance (ESG) strategy and details the progress the company made across ESG initiatives in 2021.

thredUP Releases Inaugural Impact Report

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 participate in the following investor conference:

thredUP to Participate in Wells Fargo 5th Annual Consumer Conference

OAKLAND, Calif., Aug. 26, 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 participate in the following investor conference:

thredUP to Participate in Goldman Sachs 29th Annual Global Retailing Conference

Enlisting the help of famous Gen Z breakout star Priah Ferguson of “Stranger Things,” the thrift giant has launched a confessional that aims to to break GenZ of its wasteful habit.

72% Of College Students Shopped Fast Fashion In 2022; Can ThredUP Change Their Wasteful Ways

A relief rally is driving the second-hand apparel purveyor higher.

Why ThredUp Stock Surged Tuesday Morning

Clothing reseller thredUP saw double-digit percentage increases in the number of orders and buyers on its platform during the second quarter. The company had 1.7 million active buyers and 1.7 million orders during the quarter, which represented respective year-over-year growth of 29% and 40%, according to a Monday (Aug. 15) press release.

News for thredUP Stock (TDUP)