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.

ThredUp Inc. (TDUP) CEO James Reinhart on Q4 2021 Results - Earnings Call Transcript

ThredUp Inc. TDUP, +7.55% shares fell more than 11% in the extended session Monday after the secondhand retailer posted mixed quarterly results and guided for lower first-quarter sales. ThredUp said it lost $17.9 million, or 18 cents a share, in the fourth quarter, compared with a loss of $17 million, or $1.33 a share, for the fourth quarter 2020.

ThredUp stock falls more than 11% after mixed quarter, guidance

OAKLAND, Calif., March 07, 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 preliminary financial results for the fourth quarter and full year ended December 31, 2021.

thredUP Announces Fourth Quarter and Full Year 2021 Results

OAKLAND, Calif., Feb. 24, 2022 /PRNewswire/ --  thredUP  (NASDAQ: TDUP), one of the largest resale platforms for women's and kid's apparel, shoes, and accessories, today announced that Seth Levey has joined the company as its first-ever Head of Public Policy and Sustainability.

thredUP Appoints First Head of Public Policy And Sustainability

OAKLAND, Calif., Feb. 09, 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 preliminary financial results for the fourth quarter and full year ended December 31, 2021 will be released on Monday, March 7, 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 Preliminary Fourth Quarter and Full Year 2021 Financial Results on March 7, 2022

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What Investors Should Know About ThredUp Stock

The apparel resale company is growing quickly in a lucrative market.

Should Investors Pay Attention to ThredUp Stock?

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OAKLAND, Calif., Jan. 13, 2022 /PRNewswire/ -- thredUP (NASDAQ: TDUP), one of the largest resale platforms for women's and kid's apparel, shoes, and accessories, today announced that Coretha Rushing has been appointed to the company's Board of Directors.

Coretha Rushing, Former Chief People Officer of Equifax and The Coca-Cola Company, Joins thredUP's Board

The reseller is opening a facility that can process 16.5 million items, and there's a potential for technology to revolutionize the industry.

ThredUp Has a Lot of Optionality

Resale-as-a-service and cleanout kits help distinguish the secondhand seller.

ThredUp's Unique Approach to the Resale Market

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OAKLAND, Calif., Nov. 16, 2021 /PRNewswire/ -- thredUP (NASDAQ: TDUP), one of the largest online resale platforms for women's and kids' apparel, shoes, and accessories, today released a 'Thrift for the Holidays' Report conducted by third-party retail analytics firm GlobalData.

thredUP Releases 'Thrift for the Holidays' Report, Revealing that New Waves of Consumers are Planning to Gift Secondhand This Year

ThredUp taps into the thriving e-commerce industry with its fashion resale marketplace.

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ThredUp Inc. says that it isn't impacted by supply chain disruptions and inflation the way other retailers are, but it's making price adjustments for customers who are getting squeezed.

The Ratings Game: ThredUp is lowering prices to attract customers who are paying more for other goods due to inflation

ThredUp, Inc. (TDUP) CEO James Reinhart on Q3 2021 Results - Earnings Call Transcript

Shares of ThredUp Inc. and RealReal Inc. soared in the extended session Monday after both online fashion resellers reported narrower quarterly losses and sales that topped Wall Street expectations despite rising operational costs and other headwinds.

Earnings Results: ThredUp, RealReal stocks rally after secondhand retailers narrow their Q3 losses

OAKLAND, Calif., Nov. 08, 2021 (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, 2021.

thredUP Announces Third Quarter 2021 Results

Crocs

Crocs and thredUP Launch Clean Out Program, Giving Preloved Items a Second Life

MONTEVIDEO, Uruguay & MEXICO CITY & OAKLAND, Calif.--(BUSINESS WIRE)--Vopero, the full-service fashion resale marketplace in Latin America, today announced a USD $7.5 million investment from Grupo Axo, a strategic apparel, accessories, and household goods multi-channel and multi-brand operator, and thredUP (NASDAQ: TDUP), one of the largest online resale platforms for women's and kids' apparel, shoes, and accessories. In addition to the USD $7.5M investment from Grupo Axo and thredUP, Vopero al

Vopero Announces Strategic Investment from Grupo Axo and thredUP to Grow Sustainable Fashion Resale Marketplace in Latin America

OAKLAND, Calif., Oct. 11, 2021 (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, 2021 will be released on Monday, November 8, 2021 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 2021 Financial Results on November 8, 2021

adidas AG

ThredUp Inc. TDUP, -0.81% has partnered with Adidas AG ADS, +1.97% for the athletic brand's Choose to Give Back resale program, which will allow shoppers to send used items from any brand to ThredUp through the Adidas app in order to be reused or resold. The program will roll out on the website and in stores in 2022.

Adidas partners with ThredUp for resale program

adidas Launches 'Choose to Give Back', a Resale Program Enabled by thredUP

The online secondhand marketplace had a recent IPO.

News for thredUP Stock (TDUP)