THREDUP INC. overview

OAKLAND, Calif., May 22, 2024 (GLOBE NEWSWIRE) -- ThredUp (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: William Blair 44th Annual Growth Stock Conference Wednesday, June 5, 2024 8:40 AM - 9:10 AM PT / 11:40 AM - 12:10 PM ET The event will be webcast live on ThredUp’s investor website at...

First quarter revenue of $79.6 million, representing an increase of 5% year-over-year. First quarter gross margin of 69.5% and an increase in gross profit of 8% year-over-year. Active Buyers of 1.7 million and Orders of 1.7 million in Q1 2024, representing an increase of 4% and an increase of 9%, respectively, year-over-year. Issued an updated 2024 financial outlook, including positive adjusted EBITDA margin in the range of 2.0% to 4.0% and positive free cash flow on an annual basis. OAKLAND,...

OAKLAND, Calif., April 08, 2024 (GLOBE NEWSWIRE) -- ThredUp (NASDAQ: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, announced today that its financial results for the first quarter ended March 31, 2024 will be released on Monday, May 6, 2024 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. The live and archived webcast and all related earnings materials will be...

OAKLAND, Calif., March 05, 2024 (GLOBE NEWSWIRE) -- ThredUp (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: Morgan Stanley Technology, Media & Telecom Conference Thursday, March 7, 2024 8:45 AM - 9:25 AM PT / 11:45 AM - 12:25 PM ET The event will be webcast live on ThredUp’s investor website at...

Quarterly revenue of $81.4 million, representing an increase of 14% year-over-year. Fourth quarter gross margin of 61.9% and an increase in gross profit of 12% year-over-year, which included a $1.9 million inventory write-off in Europe, an impact of 230 basis points to gross margin. Record full year revenue of $322.0 million, representing 12% growth year-over-year. Full year gross margin of 66.4% and gross profit growth of 11% year-over-year. Record Active Buyers of 1.8 million and Orders of 1.8...

OAKLAND, Calif., Feb. 05, 2024 (GLOBE NEWSWIRE) -- ThredUp (NASDAQ: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, announced today that its financial results for the fourth quarter and full year ended December 31, 2023 will be released on Monday, March 4, 2024 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. The live and archived webcast and all related earnings...

OAKLAND, Calif., Nov. 30, 2023 (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: Barclays Global Technology Conference Thursday, Dec 7, 2023 11:00 - 11:30 AM PT / 2:00 - 2:30 PM ET The event will be webcast live on thredUP’s investor website at https://ir.thredup.com/ . A...

Quarterly revenue of $82.0 million, representing an increase of 21% year-over-year. U.S. business reached quarterly adjusted EBITDA breakeven for first time in company’s history. Third quarter gross margin of 69.0% and an increase in gross profit of 27% year-over-year. Record Active Buyers of 1.8 million and Orders of 1.8 million in Q3 2023, representing an increase of 4% and an increase of 11%, respectively, year-over-year. Continue to grow its Resale-as-a-Service (RaaS) client roster,...