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 (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) Q2 Earnings Expected to Decline

ThredUp's new chief marketing officer is targeting younger customers.

ThredUP Names Noelle Sandler As Chief Marketing Officer

Seasoned ecommerce leader and former CMO of Lulus joins thredUP to oversee marketing and merchandising OAKLAND, Calif. , Aug. 4, 2022 /PRNewswire/ -- thredUP (NASDAQ: TDUP), one of the largest online resale platforms for women's and kids' apparel, shoes, and accessories, today announced that Noelle Sadler has joined the company as its chief marketing officer (CMO).

thredUP Names Noelle Sadler Chief Marketing Officer

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 released on Monday, August 15, 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 Second Quarter 2022 Financial Results on August 15, 2022

A new thrifter consumer segment is emerging that threatens to disrupt the fashion industry. ThredUp offers fashion brands a simple way to meet thrifters's demand for more value and sustainability in fashion.

The Tribe Of Fashion Thrifters Is Growing. ThredUp Invites Brands To Get On Board.

OAKLAND, Calif., June 23, 2022 (GLOBE NEWSWIRE) -- ThredUp Inc. (Nasdaq: TDUP), one of the world's largest online resale platforms for women's and children's 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 Upcoming Investor Conference

OAKLAND, Calif., June 23, 2022 (GLOBE NEWSWIRE) -- ThredUp Inc. (Nasdaq: TDUP), one of the world's largest online resale platforms for women's and children's apparel, shoes, and accessories, is set to join the broad-market Russell 3000 Index at the conclusion of the 2022 Russell indexes annual reconstitution, effective as of market open on June 27, 2022, according to a preliminary list of additions last posted June 17, 2022.

thredUP set to Join Russell 3000® Index

- The 2022 Resale Report estimates that the U.S. secondhand market is projected to double by 2026, reaching $82 billion - A one-time special section exploring inflation's impact on purchasing behavior shows resale is a bright spot for the consumer OAKLAND, Calif., May 17, 2022 /PRNewswire/ -- thredUP (NASDAQ: TDUP), one of the largest online resale platforms for women's and kids' apparel, shoes, and accessories, today released the results of the 2022 Resale Report.

thredUP Releases 10th Annual Resale Report with Insights on a Decade of Resale

Retail giant Target has found another way to profit with its new strategy of selling second hand clothes.

Target Taps Into $51 Billion Second Hand Clothing Market With ThredUp Deal

ThredUp went public in March 2021, raising approximately $168 million in gross proceeds in a U.S. IPO. The firm operates online marketplaces for secondhand clothing and accessories.

ThredUp Seeks International Growth Amid Inflation Pressures

ThredUp, Inc. (NASDAQ:TDUP ) Q1 2022 Earnings Conference Call May 9, 2022 4:30 PM ET Company Participants James Reinhart - Co-Founder, CEO & Director Sean Sobers - CFO Conference Call Participants Ike Boruchow - Wells Fargo Securities Dylan Carden - William Blair & Company Anna Andreeva - Needham & Company Tom Nikic - Wedbush Securities Seth Sigman - Guggenheim Securities Alexandra Steiger - Goldman Sachs Group Ross Sandler - Barclays Bank Lauren Schenk - Morgan Stanley Brian McNamara - Berenberg Dana Telsey - Telsey Advisory Group Operator Good afternoon, and thank you for joining us on today's conference call to discuss ThredUp First Quarter 2022 Financial Results. With us are James Reinhart, CEO and Co-Founder; and Sean Sobers, CFO.

ThredUp, Inc. (TDUP) CEO James Reinhart on Q1 2022 Results - Earnings Call Transcript

ThredUp Inc. TDUP, -13.42% shares fell nearly 10% in the extended session Monday after the secondhand retailer posted mixed quarterly results, with sales above expectations but losses wider than Wall Street estimated. ThredUp said it lost $21 million, or 21 cents a share, in the quarter, compared with a loss of $16 million, or 86 cents a share, in the year-ago period.

ThredUp stock falls after mixed Q1 results for secondhand retailer

OAKLAND, Calif., May 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 its financial results for the first quarter ended March 31, 2022.

ThredUP Announces First Quarter 2022 Results

The first-of-its-kind monthly index tracks which brands and retailers have launched resale programs and their potential impact on the planet OAKLAND, Calif. , April 21, 2022 /PRNewswire/ --  thredUP  (NASDAQ: TDUP), one of the largest online resale platforms for women's and kids' apparel, shoes, and accessories, today announced the Recommerce 100 , a comprehensive review of brands and retailers with dedicated resale programs.

thredUP Debuts the Recommerce 100, a Comprehensive Review of Branded Resale Programs

OAKLAND, Calif., April 12, 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 first quarter ended March 31, 2022 will be released on Monday, May 9, 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 First Quarter 2022 Financial Results on May 9, 2022

ThredUP continues to roll out its Resale as a Service technology, with its latest partner, Gen Z/Millennial favorite, PacSun, James Reinhart, founder and CEO of thredUP, said. ThredUP also launched The Recommerce 100, a guide and resource to the top resale shops and e-commerce sites in the world.

Resale as a Service Provider And Thrift Marketplace thredUP Scales Up With PacSun

Target

Target is reportedly getting into secondhand sales again with a new deal with resale company ThredUp, CNBC writes. The retailer has said it's debuted a page on ThredUp's site as of late March.

Target Tests Secondhand Market With ThredUp Partnership

The retailer's landing page on ThredUp includes items from its private labels along with select items from luxury and designer brands.

Target tiptoes back into resale with new ThredUp deal, as it makes sustainability push

New resale program allows customers to turn in gently-used clothes for Pacsun shopping credit and shop secondhand directly on its website ANAHEIM, Calif. , April 5, 2022 /PRNewswire/ --  Pacsun , the leading specialty retailer offering emerging brands and trending fashion through the lens of youth culture, and thredUP  (NASDAQ: TDUP), one of the largest online resale platforms for women's and kids' apparel, shoes, and accessories, today announced " Pre-Loved Pac ," a 360-resale program allowing Pacsun customers to clean out their closets for Pacsun credit and shop pre-loved clothing directly through Pacsun's website.

Pacsun Launches "Pre-Loved Pac," a 360-Resale Platform Enabled by thredUP's Resale-as-a-Service®

ThreadUP has partnered with celebrity stylist and activist Karla Welch in an effort to wrap its proverbial hands around the massive 27 million looks in total that are bought to outfit music lovers during festival season each year.

ThredUP Teams With Celebrity Stylist Karla Welch To Mitigate Waste During Festival Season

Shares of the online secondhand clothing store tanked after it reported earnings. Here's a quick look at the good and the bad.

Why ThredUp Stock Cratered by 23% at the Open Today

Fourth-quarter 2021 earnings numbers looked largely positive for resale platform thredUP Monday (March 7), but investors — and even CEO and Co-Founder James Reinhart — understand the company is operating on the razor's edge. The company's stock has been battered for almost a year since its initial public offering (IPO) last March, dipping from its […]

thredUP Stock Price Still Down From IPO Even After Record Quarterly Revenue High

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.

News for thredUP Stock (TDUP)