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    TDUP   US88556E1029

THREDUP INC.

(TDUP)
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thredUP to Report Third Quarter 2021 Financial Results on November 8, 2021

10/11/2021 | 04:06pm EST

OAKLAND, Calif., Oct. 11, 2021 (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 financial results for the third quarter ended September 30, 2021 will be released on Monday, November 8, 2021 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 call is accessible in the U.S and Canada at +1 800-353-6461 (code 3975322) and outside of the U.S. and Canada at +1 334-323-0501 (code 3975322). The live and archived webcast and all related earnings materials will be available at thredUP’s investor relations website: ir.thredup.com.

About ThredUp Inc.

thredUP is transforming resale with technology and a mission to inspire a new generation of consumers to think secondhand first. By making it easy to buy and sell secondhand, thredUP has become one of the world’s largest resale platforms for women’s and kids’ 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. In 2018, we extended our platform with thredUP Resale-As-A-Service (RaaS), which facilitates modern resale for a number of the world’s leading brands and retailers. thredUP has processed over 125 million unique secondhand items from 35,000 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.

Media

media@thredup.com

Investors

ir@thredup.com


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ę GlobeNewswire 2021
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Financials (USD)
Sales 2021 249 M - -
Net income 2021 -61,0 M - -
Net cash 2021 135 M - -
P/E ratio 2021 -13,1x
Yield 2021 -
Capitalization 883 M 883 M -
EV / Sales 2021 3,00x
EV / Sales 2022 2,39x
Nbr of Employees 1 862
Free-Float 53,3%
Chart THREDUP INC.
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ThredUp Inc. Technical Analysis Chart | TDUP | US88556E1029 | MarketScreener
Technical analysis trends THREDUP INC.
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TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 12
Last Close Price 9,06 $
Average target price 25,73 $
Spread / Average Target 184%
EPS Revisions
Managers and Directors
James Reinhart Chief Executive Officer & Director
Anthony S. Marino President
Sean Sobers Chief Financial Officer
Patricia Nakache Chairman
Chris Homer Chief Operating Officer
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