AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
ThredUp's stock surged 14.67% in pre-market trading on August 5, 2025, driven by strong second-quarter financial results that exceeded market expectations.
ThredUp reported a 16.4% year-over-year increase in sales for the second quarter of 2025, with revenue reaching $77.7 million, surpassing the forecast of $73.68 million. The company's losses per share were $0.04, slightly better than the expected $0.05 loss. This performance has contributed to a significant rise in the stock price, which has soared over 500% in the past 12 months. The company's focus on the US market and the integration of AI in its operations have been key drivers of this growth.
CEO James Reinhart highlighted the company's "laser-focused" approach on the US market and the strategic use of AI in both operational and customer-facing aspects. This strategy has resonated well with millennial and Gen Z consumers, who are increasingly interested in sustainable fashion and secondhand apparel. The company's strong performance and strategic initiatives position it well for continued growth in the secondhand fashion market.

Get the scoop on pre-market movers and shakers in the US stock market.

Dec.31 2025

Dec.31 2025

Dec.31 2025

Dec.31 2025

Dec.31 2025
Daily stocks & crypto headlines, free to your inbox
Comments

No comments yet