ThredUp reported wider Q4 loss, decline in active buyers, but aims for growth in 2025

From Zacks Investment Research: 2025-03-04 14:00:13

ThredUp Inc. (TDUP) reported fourth-quarter 2024 results with an increase in top line and a year-over-year decrease in bottom line. The company divested 91% of its European business and aims to accelerate growth in 2025. Quarterly revenues increased 9.5%, driven by consignment revenues. Gross profit increased 14%, while operating expenses rose 10.7%. For 2025, ThredUp expects revenue growth and maintained margins. The company’s shares have gained 28.2% in the past three months. Other top-ranked stocks highlighted include BRF Brasil Foods SA (BRFS), Post Holdings (POST), and Lancaster Colony Corporation (LANC).



Read more at Zacks Investment Research: ThredUp Q4 Loss Wider Than Estimates, Active Buyers Decline 6% Y/Y – March 4, 2025