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thredUP (TDUP)
NASDAQ:TDUP
Earnings Data
Report Date
May 05, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.07Last Year’s EPS
-0.15Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 03, 2025
|% Change Since: 48.88%
|Next Earnings Date:May 05, 2025
Earnings Call Sentiment|Positive
The earnings call was largely positive, highlighting strong growth in customer acquisition and technological advancements that are improving conversion rates and financial performance. However, there are concerns regarding a decline in active buyers and potential challenges from tariffs and economic conditions.Company Guidance
In the ThredUp Inc. fourth quarter 2024 earnings call, substantial progress was reported in reaccelerating growth while maintaining free cash flow and adjusted EBITDA targets. Key metrics included a 32% year-over-year increase in new customer volume in Q4, with Q1 shaping up to be one of the strongest acquisition quarters in the company's history. Fresh listings increased by 9% year-over-year, indicating strong buyer growth and retention. The company also highlighted the impact of investments in AI, with image searches showing an 85% higher conversion rate, and AI-generated lifestyle imagery increasing 30-day sell-through rates by up to 12%. For Q4 2024, revenue reached $67.3 million, a 9.5% increase year-over-year, with a gross margin of 80.4%, a 290 basis point increase from the previous year. The positive momentum in customer acquisition and AI-driven improvements positions ThredUp Inc. to achieve its revenue and profitability goals for 2025, anticipating revenue growth between $270 million and $280 million, representing a 6% increase year-over-year.Strong Customer Acquisition and Retention
Customer acquisition remained very strong in Q4, with new customer volume up 32% year over year. Q1 is shaping up to be one of the strongest acquisition quarters in ThredUp's history.
AI and Technology Investments
ThredUp's AI search functionality has led to an 85% higher conversion rate for sessions with image searches. High-performing AI-generated pivots have click-through rates above 15%, and 360-degree photos have increased 30-day sell-through rates by up to 12%.
Financial Performance and Growth
For Q4, revenue totaled $67.3 million, an increase of 9.5% year over year. Gross margin was 80.4%, a 290 basis point increase over the same quarter last year. Adjusted EBITDA was $5 million or 7.4% of revenue.
Positive Outlook for 2025
ThredUp expects to reach positive free cash flow on an annual basis in 2025 and plans for revenue growth of 6% at the midpoint for the full year.
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TDUP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TDUP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 03, 2025 | $2.23 | $2.39 | +7.17% |
| Nov 04, 2024 | $0.53 | $0.84 | +58.49% |
| Aug 05, 2024 | $1.73 | $0.64 | -63.01% |
| May 06, 2024 | $1.86 | $1.95 | +4.84% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does thredUP (TDUP) report earnings?
thredUP (TDUP) is schdueled to report earning on May 05, 2025, TBA Not Confirmed.
What is thredUP (TDUP) earnings time?
thredUP (TDUP) earnings time is at May 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TDUP EPS forecast?
TDUP EPS forecast for the fiscal quarter 2025 (Q1) is -0.07.
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