ThredUp, Inc. (TDUP)

NASDAQ: TDUP · IEX Real-Time Price · USD
2.71
-0.28 (-9.36%)
At close: Aug 19, 2022 4:00 PM
2.69
-0.02 (-0.74%)
After-hours: Aug 19, 2022 7:48 PM EDT
-9.36%
Market Cap 299.25M
Revenue (ttm) 285.27M
Net Income (ttm) -81.73M
Shares Out 110.42M
EPS (ttm) -0.70
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 802,388
Open 2.90
Previous Close 2.99
Day's Range 2.69 - 2.95
52-Week Range 1.90 - 23.70
Beta n/a
Analysts Buy
Price Target 7.44 (+174.5%)
Earnings Date Aug 15, 2022

About TDUP

ThredUp Inc., together with its subsidiaries, operates online resale platforms that allows consumers to buy and sell secondhand women's and kids' apparel, shoes, and accessories. ThredUp Inc. was incorporated in 2009 and is headquartered in Oakland, California. [Read more...]

Industry Internet Retail
IPO Date Mar 26, 2021
Employees 2,894
Stock Exchange NASDAQ
Ticker Symbol TDUP
Full Company Profile

Financial Performance

In 2021, ThredUp's revenue was $251.79 million, an increase of 35.36% compared to the previous year's $186.02 million. Losses were -$63.18 million, 32.0% more than in 2020.

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for TDUP stock is "Buy." The 12-month stock price forecast is 7.44, which is an increase of 174.54% from the latest price.

Price Target
$7.44
(174.54% upside)
Analyst Consensus: Buy
Stock Forecasts

News

ThredUp lays off 15% of workers amid widening second-quarter losses

Despite reporting a record gross margin in the U.S., thredUP is laying off 15% of its workforce after a big earnings miss.

Why ThredUp Stock Surged Tuesday Morning

A relief rally is driving the second-hand apparel purveyor higher.

ThredUP: Apparel Resale ‘Uniquely Positioned' to Weather Storm as Orders, Buyers Rise

Clothing reseller thredUP saw double-digit percentage increases in the number of orders and buyers on its platform during the second quarter. The company had 1.7 million active buyers and 1.7 million or...

ThredUp (TDUP) Reports Q2 Loss, Tops Revenue Estimates

ThredUp (TDUP) delivered earnings and revenue surprises of -26.09% and 0.25%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

thredUP Announces Second Quarter 2022 Results

OAKLAND, Calif., Aug. 15, 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 fina...

Tommy Hilfiger and thredUP Join Forces to Launch Resale Program in the United States

As part of Tommy Hilfiger's vision to create fashion that Wastes Nothing and Welcomes All, the 360-resale program is now available to U.S. consumers. NEW YORK and OAKLAND, Calif.

Other symbols: PVH

Earnings Preview: ThredUp (TDUP) Q2 Earnings Expected to Decline

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.

ThredUP Names Noelle Sandler As Chief Marketing Officer

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

thredUP Names Noelle Sadler 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 re...

thredUP to Report Second Quarter 2022 Financial Results on August 15, 2022

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...

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

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 fas...

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, announced t...

thredUP set to Join Russell 3000® Index

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 j...

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

- 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 s...

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

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

ThredUp (TDUP) Reports Q1 Loss, Tops Revenue Estimates

ThredUp (TDUP) delivered earnings and revenue surprises of -5% and 1.50%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

ThredUp stock falls after mixed Q1 results for secondhand retailer

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 St...

ThredUP Announces First Quarter 2022 Results

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 finan...

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

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  (N...

thredUP to Report First Quarter 2022 Financial Results on May 9, 2022

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 it...

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

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 ...

Target Tests Secondhand Market With ThredUp Partnership

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.

Other symbols: TGT

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

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

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

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 le...

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

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 durin...