ThredUp surges after annual sales forecast raise

ThredUp

04/05/2026 22:39

** Shares of ThredUp TDUP.O up ~8% at $4.75 after the bell

** Co raises annual sales forecast and beats quarterly sales estimates on steady demand for second-hand apparel, shoes and accessories

** Expects annual revenue in the range of $351.2 million to $356.2 million, compared to prior forecast of $349.0 million to $355.0 million

** Posts Q1 revenue of $81.7 million, beating estimates of $80.2 million

** As of last close, TDUP down 31% YTD

(Reporting by Koyena Das from Bengaluru )

((Koyena.das@thomsonreuters.com))