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Is ThredUp (TDUP) Outperforming Other Consumer Staples Stocks This Year?
ZACKS· 2025-01-17 15:41
For those looking to find strong Consumer Staples stocks, it is prudent to search for companies in the group that are outperforming their peers. Has ThredUp (TDUP) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Staples sector should help us answer this question.ThredUp is one of 181 companies in the Consumer Staples group. The Consumer Staples group currently sits at #13 within the Zacks Sector Rank. The Zacks Sector Ran ...
Despite Fast-paced Momentum, ThredUp (TDUP) Is Still a Bargain Stock
ZACKS· 2025-01-17 14:52
Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase ...
ThredUp Posts Strong Q4 Preliminary Results: What's More to Know?
ZACKS· 2025-01-16 15:51
ThredUp Inc. (TDUP) , one of the largest online resale platforms for apparel, shoes and accessories, delivered preliminary fourth-quarter 2024 results that exceeded all previously issued guidance. The company returned to solid growth in its core business.Last year in November, ThredUp divested its European business, Remix Global EAD (“Remix”), to streamline the company’s operations and concentrate exclusively on the U.S. market. As a result, the company’s fourth-quarter performance now emphasizes U.S. busin ...
ThredUp(TDUP) - 2024 Q4 - Annual Results
2025-01-14 14:08
ThredUp Provides Preliminary Fourth Quarter 2024 Results, Exceeding Guidance OAKLAND, CA (January 14, 2025) – ThredUp Inc. (Nasdaq: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, today provided preliminary unaudited financial results for the fourth quarter ended December 31, 2024. "I am encouraged by our preliminary fourth quarter results that exceeded all elements of our guidance, and the return to solid growth in our core business," said ThredUp Co-Found ...
ThredUp Provides Preliminary Fourth Quarter 2024 Results, Exceeding Guidance
GlobeNewswire· 2025-01-14 14:05
OAKLAND, Calif., Jan. 14, 2025 (GLOBE NEWSWIRE) -- ThredUp Inc. (Nasdaq: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, today provided preliminary unaudited financial results for the fourth quarter ended December 31, 2024. “I am encouraged by our preliminary fourth quarter results that exceeded all elements of our guidance, and the return to solid growth in our core business,” said ThredUp Co-Founder and CEO James Reinhart. “The exclusive focus on our U.S. ...
ThredUp to Participate in Needham Conference
GlobeNewswire· 2025-01-06 21:05
OAKLAND, Calif., Jan. 06, 2025 (GLOBE NEWSWIRE) -- ThredUp Inc. (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: 27th Annual Needham Growth ConferenceWednesday, January 15, 202512:00 PM - 12:40 PM PT / 3:00 PM - 3:40 PM ET The event will be webcast live on ThredUp’s investor website at https://ir.thredup.com/. A replay wi ...
ThredUp fashion marketplace offloads its European business, Remix
TechCrunch· 2024-12-03 16:42
Fashion resale marketplace ThredUp has divested its European business to focus on its core domestic U.S. market. ThredUp expanded into Europe in 2021 with the acquisition of Remix, a Bulgarian startup that operates across a handful of central and eastern European markets. Back in May, ThredUp announced a new general manager, Florin Filote, to lead its European operations‚ and Filote is now leading a management buyout of the unit he leads. Founded in 2009, ThredUp specializes in secondhand clothing and acce ...
ThredUp(TDUP) - 2024 Q3 - Earnings Call Transcript
2024-11-05 03:18
ThredUp Inc. (NASDAQ:TDUP) Q3 2024 Earnings Conference Call November 4, 2024 4:30 PM ET Company Participants Lauren Frasch - Senior Director, Investor Relations and Strategic Finance James Reinhart - Co-Founder and CEO Sean Sobers - Chief Financial Officer Conference Call Participants Ike Boruchow - Wells Fargo Bernie McTernan - Needham & Company Dylan Carden - William Blair Operator Good day, everyone. And welcome to the ThredUp Third Quarter 2024 Earnings Call. At this time, all participants are in a list ...
ThredUp (TDUP) Reports Q3 Loss, Tops Revenue Estimates
ZACKS· 2024-11-04 23:15
ThredUp (TDUP) came out with a quarterly loss of $0.22 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to loss of $0.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -46.67%. A quarter ago, it was expected that this online seller of secondhand clothing would post a loss of $0.10 per share when it actually produced a loss of $0.13, delivering a surprise of -30%.Over the last four quarters, the ...
ThredUp(TDUP) - 2024 Q3 - Quarterly Report
2024-11-04 21:26
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________________ to ____________________ Commission File Number: 001-40249 ThredUp Inc. (Exact name of registrant as specified in its charter) Delawar ...