ThredUp will release its Q4 and full-year 2024 financial results on March 3, 2025, with a conference call to follow.
Quiver AI Summary
ThredUp, a major online resale platform for apparel, shoes, and accessories, announced that it will release its financial results for the fourth quarter and full year ending December 31, 2024, on March 3, 2025, after U.S. market hours. Following the release, ThredUp will host a conference call and live webcast at 1:30 p.m. PT / 4:30 p.m. ET, with access to the webcast and related materials on its investor relations website. ThredUp aims to transform resale through technology and a commitment to sustainability, making secondhand shopping easy and appealing. The company has processed over 200 million unique items and partners with various brands to provide scalable resale solutions, promoting a more sustainable approach to fashion consumption.
Potential Positives
- ThredUp is set to release its financial results for Q4 and full year 2024 on March 3, 2025, which may provide insights into its growth and performance.
- The announcement of a conference call and live webcast indicates transparency and engagement with investors, highlighting the company’s commitment to investor relations.
- ThredUp continues to position itself as a leader in the online resale market, showcasing its unique business model that promotes sustainability and cost savings for consumers.
- The company's extensive processing of over 200 million unique secondhand items demonstrates its significant scale and operational capability in the resale industry.
Potential Negatives
- ThredUp has not yet released its financial results for Q4 and the full year 2024, which may indicate potential delays or underlying issues that could concern investors.
FAQ
When will ThredUp announce its fourth quarter financial results?
ThredUp will announce its fourth quarter financial results on March 3, 2025, after U.S. market close.
What time is ThredUp's conference call on March 3, 2025?
The conference call will be held at 1:30 p.m. PT / 4:30 p.m. ET.
How can I access ThredUp's earnings webcast?
The webcast and related earnings materials will be available at ThredUp's investor relations website: ir.thredup.com/news-events/events-and-presentations.
What is ThredUp's mission?
ThredUp aims to inspire the world to think secondhand first by transforming resale through technology.
How many secondhand items has ThredUp processed?
ThredUp has processed over 200 million unique secondhand items from 60,000 brands across 100 categories.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$TDUP Insider Trading Activity
$TDUP insiders have traded $TDUP stock on the open market 72 times in the past 6 months. Of those trades, 21 have been purchases and 51 have been sales.
Here’s a breakdown of recent trading of $TDUP stock by insiders over the last 6 months:
- PATRICIA NAKACHE has made 0 purchases and 51 sales selling 2,486,928 shares for an estimated $5,298,905.
- DANIEL J NOVA has made 10 purchases buying 303,930 shares for an estimated $382,575 and 0 sales.
- NOAM PARANSKY has made 6 purchases buying 430,008 shares for an estimated $349,686 and 0 sales.
- IAN FRIEDMAN has made 3 purchases buying 125,000 shares for an estimated $133,790 and 0 sales.
- JACK R LAZAR has made 2 purchases buying 30,000 shares for an estimated $27,984 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$TDUP Hedge Fund Activity
We have seen 44 institutional investors add shares of $TDUP stock to their portfolio, and 47 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC removed 2,892,656 shares (-96.4%) from their portfolio in Q3 2024, for an estimated $2,435,616
- AMERIPRISE FINANCIAL INC added 2,829,678 shares (+95.0%) to their portfolio in Q3 2024, for an estimated $2,382,588
- BLAIR WILLIAM & CO/IL added 1,299,418 shares (+142.5%) to their portfolio in Q3 2024, for an estimated $1,094,109
- THRIVENT FINANCIAL FOR LUTHERANS removed 930,215 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $783,241
- GOLDMAN SACHS GROUP INC removed 751,870 shares (-12.6%) from their portfolio in Q3 2024, for an estimated $633,074
- D. E. SHAW & CO., INC. removed 745,234 shares (-71.2%) from their portfolio in Q3 2024, for an estimated $627,487
- BOURGEON CAPITAL MANAGEMENT LLC removed 694,056 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $584,395
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
OAKLAND, Calif., Feb. 03, 2025 (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, 2024 will be released on Monday, March 3, 2025 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 available at ThredUp’s investor relations website: ir.thredup.com/news-events/events-and-presentations.
About ThredUp
ThredUp is transforming resale with technology and a mission to inspire the world to think secondhand first. By making it easy to buy and sell secondhand, ThredUp has become one of the world's largest online resale platforms for apparel, shoes and accessories. Sellers love ThredUp because we make it easy to clean out their closets and unlock value for themselves or for the charity of their choice while doing good for the planet. Buyers love shopping value, premium and luxury brands all in one place, at up to 90% off estimated retail price. Our proprietary operating platform is the foundation for our managed marketplace and consists of distributed processing infrastructure, proprietary software and systems and data science expertise. With ThredUp’s Resale-as-a-Service, some of the world's leading brands and retailers are leveraging our platform to deliver customizable, scalable resale experiences to their customers. ThredUp has processed over 200 million unique secondhand items from 60,000 brands across 100 categories. By extending the life cycle of clothing, ThredUp is changing the way consumers shop and ushering in a more sustainable future for the fashion industry.
Investor Contact
Lauren Frasch
[email protected]
Media Contact
Laura Hogya
[email protected]