Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1][2]. Company Overview: ThredUp (TDUP) - ThredUp currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating a favorable outlook for the stock [3][4]. - The stock has shown significant price performance, with a 59.46% increase over the past month, compared to a flat performance in the Zacks Consumer Products - Staples industry [6]. - Over the last three months, ThredUp shares have risen by 151.84%, and by 22.92% over the past year, outperforming the S&P 500, which increased by 5.07% and 22.47% respectively [7]. Trading Volume - ThredUp's average 20-day trading volume is 1,505,121 shares, which is a useful indicator of market interest and can signal bullish or bearish trends [8]. Earnings Outlook - Recent earnings estimate revisions for ThredUp have been positive, with one estimate moving higher in the last two months, raising the consensus estimate from -$0.61 to -$0.56 [10]. - For the next fiscal year, there has been one upward revision with no downward revisions, indicating a stable earnings outlook [10]. Conclusion - Given the positive momentum indicators and earnings outlook, ThredUp is positioned as a strong candidate for investors seeking short-term gains [12].

Financial Results Announcement - ThredUp will release its financial results for Q4 and the full year ended December 31, 2024 on March 3, 2025 after U.S. market close [1] - A conference call and live webcast will be held on the same day at 1:30 p.m. PT / 4:30 p.m. ET [1] Company Overview - ThredUp is one of the largest online resale platforms for apparel, shoes, and accessories, focusing on transforming resale through technology [3] - The platform allows sellers to easily clean out their closets and unlock value, benefiting both themselves and charities while promoting sustainability [3] - Buyers can shop for premium and luxury brands at discounts of up to 90% off estimated retail prices [3] - ThredUp has processed over 200 million unique secondhand items from 60,000 brands across 100 categories, contributing to a more sustainable fashion industry [3]

Core Viewpoint - Momentum investing focuses on buying stocks that are trending upwards rather than undervalued stocks, with the belief that one can achieve higher returns in a shorter time frame [1] Group 1: Momentum Investing Strategy - Momentum investing is characterized by the approach of "buying high and selling higher," contrasting with the traditional "buy low and sell high" strategy [1] - Identifying the right entry point for momentum stocks can be challenging, as these stocks may lose momentum if their valuations exceed future growth potential [1] Group 2: ThredUp (TDUP) Analysis - ThredUp (TDUP) has shown significant price momentum, with a four-week price change of 40.4%, indicating growing investor interest [3] - Over the past 12 weeks, TDUP's stock price has increased by 134.7%, demonstrating its ability to deliver positive returns over a longer time frame [4] - TDUP has a beta of 1.75, suggesting that it moves 75% more than the market in either direction, indicating fast-paced momentum [4] Group 3: Valuation and Earnings Estimates - TDUP has a Momentum Score of B, suggesting it is an opportune time to invest in the stock to capitalize on its momentum [5] - The stock has a Zacks Rank 2 (Buy) due to an upward trend in earnings estimate revisions, which typically attracts more investors [6] - TDUP is trading at a Price-to-Sales ratio of 0.79, indicating it is relatively cheap, as investors pay only 79 cents for each dollar of sales [6] Group 4: Additional Investment Opportunities - Besides TDUP, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting additional investment opportunities [7] - Zacks offers over 45 Premium Screens tailored to different investing styles, which can help identify potential winning stocks [8]

Core Insights - ThredUp Inc. (TDUP) has reported strong preliminary fourth-quarter 2024 results, driven by a U.S.-focused strategy and AI-powered operational improvements, reinforcing its growth trajectory in the resale apparel industry [1][3][4] - The company's stock has gained 55.9% in the past month, significantly outperforming the industry, which declined by 3.6% [1] Financial Performance - Preliminary revenues are estimated between $66.7 million and $67.2 million, reflecting a 9% year-over-year increase and surpassing earlier guidance of $58-$60 million [3] - Gross margin is projected to be between 80.2% and 80.4%, exceeding the forecasted range of 78.5%-79.5% [3] - Adjusted EBITDA margin is expected to be between 6.4% and 6.9%, well above the original estimate of flat to 2% [3] Strategic Focus - The company has shifted its focus solely to the U.S. market after divesting its European operations, which are now classified as discontinued [4] - Enhanced operational efficiency and improved customer engagement in the U.S. market are key drivers of growth [4] Analyst Sentiment - The Zacks Consensus Estimate for the current quarter has improved by 5 cents to a loss of 8 cents per share, indicating positive sentiment around ThredUp [5] - Analysts highlight strong new buyer growth, improved retention rates, and robust Lifetime Value-to-Customer Acquisition Cost ratios as factors contributing to optimism [7][8] Operational Improvements - Significant enhancements in sourcing strategy and pricing algorithms have led to attractive deals for customers, driving strong sales and improved contribution margins [8] - The integration of advanced AI tools is enhancing customer experience through features like Image Search and AI-driven style recommendations [9] Business Model Transition - ThredUp's transition to a consignment-based model has improved operational efficiency and cash flow, positioning the company well for scalability and growth opportunities in the resale market [10] Investment Outlook - With strong customer acquisition strategies and innovative use of AI, ThredUp is well-positioned for growth despite broader market challenges [11]

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 ...

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 ...

Core Insights - ThredUp Inc. has reported preliminary fourth-quarter 2024 results that exceeded previous guidance, indicating a return to solid growth in its core business [1][7]. Financial Performance - Total revenues for the fourth quarter are projected to be between $66.7 million and $67.2 million, reflecting a 9% year-over-year increase and surpassing earlier predictions of $58 million to $60 million [7]. - Gross margin is expected to be in the range of 80.2% to 80.4%, an improvement from the previously forecasted range of 78.5% to 79.5% [7]. - Adjusted EBITDA margin is anticipated to be between 6.4% and 6.9%, significantly outperforming the earlier projection of flat to 2% [8]. - The net loss as a percentage of revenues is expected to be in the range of 12% to 12.6% [8]. - Combined revenues, including Remix's performance until its divestiture, are expected to be between $74.5 million and $75 million, representing an 8% year-over-year decline, but an improvement from the previously forecasted range of $67.2 million to $69.2 million [9]. Strategic Focus - The company has divested its European business to concentrate on the U.S. market, which has shown remarkable growth and efficiency [2]. - Management attributes the positive momentum to a strategic focus on the U.S. business and AI-driven improvements to the product experience [3]. - ThredUp plans to invest further in customer acquisition and retention, refine sourcing strategies, and enhance pricing algorithms to boost profitability [11]. - The company is expanding its AI-driven innovations, such as AI search and image recognition, to improve the second-hand shopping experience [12]. Market Performance - ThredUp's shares have increased by 49.7% in the past month, contrasting with a 5.6% decline in the industry [4].

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. ...

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 ...

Core Insights - ThredUp has divested its European business to concentrate on its domestic U.S. market, following a management buyout led by Florin Filote, the new general manager for European operations [1][4][7] Company Overview - Founded in 2009, ThredUp specializes in secondhand clothing and accessories, raising over $300 million prior to its 2021 IPO. However, its market cap has significantly declined from $1.3 billion at IPO to a low of $60 million last month [2] Financial Performance - In Q2 2024, ThredUp reported an 18% year-on-year decline in European revenue to $13 million, with gross profit falling 25% to $3.6 million [3] - Following better-than-expected Q3 earnings, ThredUp's shares surged, bringing its market cap to nearly $200 million [4] Transaction Details - ThredUp confirmed a non-binding agreement for the buyout of Remix, with Filote acquiring 91% of the common stock for just €1, while ThredUp made a final cash investment of $2 million to support Remix as an independent entity [5] - The transaction includes a convertible promissory note issued to ThredUp by Remix for €61.6 million ($64.7 million), representing the investment made by ThredUp since acquiring Remix [6] Strategic Implications - The divestment allows ThredUp to focus on its core U.S. business, with confidence expressed in Remix's future under Filote's leadership [7]