Apparel, Accessories and Luxury Goods Stocks Q1 Recap: Benchmarking Hanesbrands (NYSE:HBI) [Yahoo! Finance]
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ThredUp Inc. - Class A (TDUP)
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Source: Yahoo! Finance
Today we are looking at Hanesbrands (NYSE:HBI) and the best and worst performers in the apparel, accessories and luxury goods industry. Within apparel and accessories, not only do styles change more frequently today than decades past as fads travel through social media and the internet but consumers are also shifting the way they buy their goods, favoring omnichannel and e-commerce experiences. Some apparel, accessories, and luxury goods companies have made concerted efforts to adapt while those who are slower to move may fall behind. The 17 apparel, accessories and luxury goods stocks we track reported a mixed Q1; on average, revenues beat analyst consensus estimates by 0.5%. while next quarter's revenue guidance was 2.2% below consensus. Inflation progressed towards the Fed's 2% goal at the end of 2023, leading to strong stock market performance. The start of 2024 has been a bumpier ride, as the market switches between optimism and pessimism around rate cuts due to mixed inflati
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TDUP
Earnings
- 5/6/24 - Miss
TDUP
Sec Filings
- 6/18/24 - Form 4
- 6/14/24 - Form 144
- 6/4/24 - Form 4
- TDUP's page on the SEC website