ThredUp (TDUP) Misses Q3 EPS by 4c

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thredUP Announces Third Quarter 2022 Results

November 14, 2022 4:05 PM EST

Quarterly revenue of $67.9 million, representing 7% growth year-over-year.Third quarter gross margin of 65.5% and gross profit decline of 3% year-over-year.Active Buyers of 1.7 million and Orders of 1.6 million in Q3 2022, representing year-over-year growth of 18% and 24%, respectively.Released our inaugural Impact Report for 2021, reaffirming the company's commitment to environmental, social, and governance (ESG) initiatives and highlighting its impact on our people, our communities, and our planet.

OAKLAND, Calif., Nov. 14,... More