US88556E1029 - Common Stock
THREDUP INC - CLASS A
NASDAQ:TDUP (11/4/2024, 8:00:00 PM)
After market: 0.5799 +0.05 (+9.79%)0.5282
-0.03 (-4.52%)
thredUP, Inc. operates as an online clothing resale platform for apparel, shoes, and accessories. The company is headquartered in Oakland, California and currently employs 2,377 full-time employees. The company went IPO on 2021-03-26. The firm's custom-built operating platform consists of distributed processing infrastructure, software and systems and data science expertise. Its operating platform is the foundation for its managed marketplace where the Company has bridged online and offline technology to make the buying and selling of tens of millions of items simple. The marketplaces the Company has built enable buyers in the United States and in Europe to browse and purchase resale items for primarily apparel, shoes and accessories across a range of price points. Buyers get shopping value, premium and luxury brands all in one place, at up to 90% off estimated retail price. In addition to the Company's core marketplace, various brands and retailers are using its resale-as-a-service (RaaS) offering, which allows them to conveniently offer a scalable closet clean out service and/or resale shop to their customers.
THREDUP INC - CLASS A
969 Broadway, Suite 200
Oakland CALIFORNIA 94607
P: 14154025202
CEO: James Reinhart
Employees: 2377
Website: https://www.thredup.com/
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Online fashion resale marketplace ThredUp (NASDAQ:TDUP) reported Q3 CY2024 results exceeding the market’s revenue expectations, but sales fell 11% year on year to $73.02 million. On the other hand, next quarter’s revenue guidance of $68.2 million was less impressive, coming in 3.7% below analysts’ estimates. Its GAAP loss of $0.22 per share was 57.1% below analysts’ consensus estimates.
Third quarter Total revenue of $73.0 million, a decrease of 11% year-over-year. U.S. Total revenue of $61.5 million, a decrease of 10% year-over-year....
Online fashion resale marketplace ThredUp (NASDAQ:TDUP) will be announcing earnings results tomorrow after market close. Here’s what you need to know.
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