thredUP to Report Second Quarter 2022 Financial Results on August 15, 2022

Rhea-AI Summary

ThredUp Inc. (Nasdaq: TDUP), a leading online resale platform for women’s and kids’ fashion, will release its financial results for Q2 ended June 30, 2022, on August 15, 2022, after U.S. market close. A conference call is scheduled for 1:30 p.m. PT / 4:30 p.m. ET on the same day. ThredUp's platform emphasizes sustainability by facilitating secondhand shopping, claiming to have processed over 125 million items from 35,000 brands. The company thrives on making resale accessible, appealing to both buyers seeking discounts and sellers looking to declutter sustainably.

Positive

• ThredUp has processed over 125 million secondhand items, showcasing significant operational capacity.
• The platform offers up to 90% off retail prices, attracting budget-conscious consumers.
• ThredUp's Resale-as-a-Service allows leading brands to enhance their offerings.

Negative

• None.

OAKLAND, Calif., July 18, 2022 (GLOBE NEWSWIRE) -- ThredUp Inc. (Nasdaq: TDUP), one of the largest online resale platforms for women’s and kids’ apparel, shoes, and accessories, announced today that its financial results for the second quarter ended June 30, 2022 will be released on Monday, August 15, 2022 after the close of the U.S. markets. thredUP will host a conference call and live webcast that day at 1:30 p.m. PT / 4:30 p.m. ET.

The live call is accessible in the U.S and Canada at +1 888-394-8218 (code 5070223) and outside of the U.S. and Canada at +1 646-828-8193 (code 5070223). The live and archived webcast and all related earnings materials will be available at thredUP’s investor relations website: ir.thredup.com.

About thredUP

thredUP is transforming resale with technology and a mission to inspire a new generation of consumers to think secondhand first. By making it easy to buy and sell secondhand, thredUP has become one of the world's largest online resale platforms for women's and kids' apparel, shoes and accessories. Sellers love thredUP because we make it easy to clean out their closets and unlock value for themselves or for the charity of their choice while doing good for the planet. Buyers love shopping value, premium and luxury brands all in one place, at up to 90% off estimated retail price. Our proprietary operating platform is the foundation for our managed marketplace and consists of distributed processing infrastructure, proprietary software and systems and data science expertise. With thredUP’s Resale-as-a-Service, some of the world's leading brands and retailers are leveraging our platform to deliver customizable, scalable resale experiences to their customers. thredUP has processed over 125 million unique secondhand items from 35,000 brands across 100 categories. By extending the life cycle of clothing, thredUP is changing the way consumers shop and ushering in a more sustainable future for the fashion industry.

Investor Contact
Lauren Frasch
ir@thredup.com

Media Contact
Christina Berger
media@thredup.com

FAQ

When will ThredUp release its Q2 2022 financial results?

ThredUp will release its Q2 2022 financial results on August 15, 2022, after the U.S. market close.

What time is ThredUp's conference call for Q2 2022 results?

The conference call will take place at 1:30 p.m. PT / 4:30 p.m. ET on August 15, 2022.

What is ThredUp's business model?

ThredUp operates as an online resale platform, facilitating the buying and selling of secondhand women's and kids' apparel, shoes, and accessories.

How many brands does ThredUp work with?

ThredUp processes items from over 35,000 brands.