AI And Customer ExperienceManagement highlighted its search engine AI transition, which fundamentally alters the way buyers find items and has resulted in dramatic improvements in conversion.
New Buyer GrowthThredUP reported record new buyer growth, along with adjusted EBITDA leverage despite the additional cost associated with new buyer acquisition.
Revenue GuidanceFull-year revenue guidance was raised ahead of consensus, while the outlook for EBITDA margin was held, reflecting the company’s focus on reinvesting incremental earnings in marketing and inbound processing to support demand through year-end.