The Latest Breaking News from ThredUp

Goodwillfinds launched Tuesday with roughly 100,000 items available online. The venture will help fund its community-based programs across the U.S. and increase donations and its customer base.

The “Vintage Drip” collection benefits Rise Against Hunger in support of global hunger relief.

Analysts have provided the following ratings for ThredUp (NASDAQ:TDUP) within the last quarter:

ThredUp (NASDAQ:TDUP) brought in sales totaling $72.69 million during Q1 according to data provided by Benzinga Pro. However, earnings decreased 15.62%, resulting in a loss of $20.71 million.

CEO says brand must enter refurbished boot market, which could account for 15% of sales in 10 years’ time

These are the best brands championing sustainability with resale and buyback programs.

Nearly all Americans are buying or are open to buying secondhand, a study from ThredUP shows.

ThredUp (NASDAQ:TDUP) has observed the following analyst ratings within the last quarter:

Jefferies analyst Ashley Helgans initiated coverage of ThredUp Inc (NASDAQ:TDUP) with a Buy rating and $13 price target, implying a 57% upside. Ashley noted ThredUp is uniquely positioned in the resale industry as the only managed marketplace for mass apparel and footwear. ThredUp is an online resale platform for women and kids apparel, shoes, and accessories.…