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0 -0.0387554585152838 0.0189228529839883 0.091703056768559 0.0553129548762736 0.000909752547307032 0.000909752547307032 0.000909752547307032
Stock impact report

ThredUp Announces Third Quarter 2024 Results

ThredUp Inc. - Class A (TDUP) 
Company Research Source: GlobeNewswire
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. Third quarter Gross margin of 71.2% and a decrease in Gross profit of 8% year-over-year. U.S. Gross margin of 79.3% and a decrease in U.S. Gross profit of 9% year-over-year. Active Buyers of 1.632 million and Orders of 1.553 million in Q3 2024, representing decreases of 7% and 14%, respectively, year-over-year. U.S. Active Buyers of 1.248 million and Orders of 1.172 million in Q3 2024,  representing a decrease of 7% and a decrease of 10%, respectively, year-over-year. ThredUp has signed a non-binding term sheet for a management buyout of its European business.Raising Q4 and FY 2024 guidance for the U.S. business. OAKLAND, Calif., Nov. 04, 2024 (GLOBE NEWSWIRE) -- ThredUp Inc. (Nasdaq: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, announced today its financial results for the third Show less Read more
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