TDUP

Interested in ThredUp Inc.? Here are five stocks we like better. Q2 revenue rose 16.9% to $90.8 million, supported by 21% growth in active buyers and 22% growth in orders. Adjusted EBITDA improved to $4.8 million, though ThredUp still posted a $5.9 million GAAP net loss. Management cited a more price-sensitive consumer environment and plans increased promotions, particularly on older inventory. Promotions created a $3 million Q2 revenue headwind and are expected to reduce second-half revenue by approximately $7 million. ThredUp lowered its second-half and full-year 2026 outlook, while still expecting full-year revenue of $344.4 million to $348.4 million and positive cash flow. The company continues investing in premium supply, brand partnerships, peer-to-peer listings and AI personalization tools. 3 Stocks Under $5 With Strong Analyst Upside Potential ThredUp (NASDAQ:TDUP) reported second-quarter 2026 revenue of $90.8 million, up 16.9% from a year earlier, as active buyers and orders grew at double-digit rates. The online resale company said the results exceeded its internal expectations, though management lowered its outlook for the second half as it plans to use more promotions to support engagement among price-sensitive customers. Chief Executive Officer and Co-Founder James Reinhart said the consumer environment was more difficult than expected, particularly in June and into July. While traffic remained strong and the company recorded its highest-ever quarterly new-buyer acquisition, some shoppers needed greater incentives to complete purchases. → SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control 3 Stocks You’ll Wish You Bought Before 2026 “We had to be incrementally promotional to drive conversion among our most price-sensitive shoppers,” Reinhart said. The company estimated that promotional activity created a $3 million headwind to second-quarter revenue through lower average selling prices and average revenue per buyer. ThredUp ended the quarter with 1.8 million trailing-12-month active buyers, a 21% increase from the prior year. Second-quarter orders rose 22% year over year to 1.9 million, while new-buyer acquisition increased 13.1%, lapping 72% growth in the comparable period a year earlier. → 3 Drone Stocks That Should Soar After the Summer Slump ThredUp Stock Reverses on AI Buzz, Eyes Double-Digit Gains The company reported a GAAP net loss of $5.9 million, compared with a net loss of $5.2 million in the prior-year quarter. Adjusted EBITDA totaled $4.8 million, or 5.3% of revenue, representing a 140-basis-point improvement from the prior year, according to Chief Financial Officer Sean Sobers. Revenue: $90.8 million, up 16.9% year over year. Gross margin: 79.9%, up 40 basis points year over year. GAAP net loss: $5.9 million. Adjusted EBITDA: $4.8 million, or 5.3% of revenue. Cash and securities at quarter-end: $57.4 million, up from $54.4 million at the beginning of the quarter. Cash generated during the quarter: $3 million. Capital expenditures: $2.7 million. Sobers attributed gross-margin improvement to greater logistics efficiency. He said the company expects capital spending in 2026 to remain at levels similar to those in 2025. → Meta’s Earnings Drop Shows Wall Street Wants More Than Ad Growth Management said its second-half strategy is intended to preserve engagement without discounting newly listed merchandise. Reinhart said the company is emphasizing discounts on aging inventory rather than fresh products, which it views as important to maintaining customers’ willingness to pay for new marketplace listings. The pressure has been concentrated among shoppers earning less than $60,000 annually, Reinhart said, describing that cohort as less than 20% of the company’s customer base. He pointed to higher gas prices related to Middle East conflict as a factor weighing on budget-conscious consumers. At the same time, ThredUp said it is shifting its buyer mix toward more premium customers. The company has reduced spending on Google PMax in favor of Meta and Pinterest, where it said customer lifetime values are higher and acquisition costs have declined. New-customer volume from Meta rose 130% year over year, while Pinterest volume increased 145%. Reinhart said average order values are expected to decline somewhat in the back half of the year because of promotional activity, while orders and active-buyer growth are expected to remain strong. The company does not plan to materially alter its marketing approach in the fourth quarter relative to last year, he added. ThredUp lowered its revenue and adjusted EBITDA-margin expectations for the rest of 2026, citing an estimated $7 million revenue headwind from elevated promotions in the second half. Sobers said the EBITDA effect reflects both lower revenue and the company’s continued investments in marketing and processing. Third quarter: Revenue of $87 million to $89 million, representing 7% year-over-year growth at the midpoint; gross margin of 78% to 79%; and adjusted EBITDA of about 4% of revenue. Fourth quarter: Revenue of $85 million to $87 million, representing 8% growth at the midpoint; gross margin of 77.5% to 78.5%; and adjusted EBITDA of about 6% of revenue. Full year: Revenue of $344.4 million to $348.4 million, representing 11% growth at the midpoint; gross margin of 78.7% to 79.1%; and adjusted EBITDA of about 4.7% of revenue. The company expects to remain cash-flow positive for the full year. Reinhart said the updated outlook is intended to avoid relying on favorable macroeconomic shifts, seasonal acceleration and flawless execution to meet the company’s previous expectations. On the supply side, ThredUp said active sellers reached record levels and premium bag items increased 32% year over year, reaching 12% of the company’s overall mix. The company is seeking a higher premium mix by year-end through seller incentives, new acquisition channels and seller-experience investments. In June, ThredUp opened its direct-listings peer-to-peer offering to all marketplace users. Since then, listed items have increased 89% month over month, surpassing 100,000 items. The average listing price was $80. Reinhart said direct listings have a more premium product mix than the managed marketplace, though sell-through rates are slower, consistent with other peer-to-peer marketplaces. The company also introduced three Resale-as-a-Service storefronts during the quarter for Steve Madden, Dolce Vita and Betsey Johnson. Reinhart said each storefront can attract sellers who have an existing relationship with those brands. He added that ThredUp plans to focus its Resale-as-a-Service efforts on more elevated brands, following a spring initiative with Reformation. ThredUp continued to emphasize AI-driven shopping tools. Its new real-time personalization engine adjusts inventory feeds based on user intent within seconds, and an initial A/B test produced a 5% increase in item engagement and a 7% increase in profit per buyer among new customers, Reinhart said. The company has also expanded features including Clustering, Exact Match and Notify Me, with Notify Me opt-ins increasing more than 50% week over week since launch. ThredUp, Inc operates an online consignment and thrift platform that enables consumers to buy and sell secondhand clothing and accessories. Through its digital marketplace, the company offers curated selections of apparel for women and children, spanning a broad range of brands and styles. Sellers can order a “Clean Out Kit” to send in items they no longer wear, while buyers benefit from discounted prices and a simplified shopping experience powered by ThredUp's in-house authentication, quality control and logistics capabilities. In addition to its core consumer-to-consumer marketplace, ThredUp has expanded into business-to-business services with its Resale-as-a-Service (RaaS) offering. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "ThredUp Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for August 2026.

Record quarterly revenue of $90.8 million, representing an increase of 17% year-over-year Quarterly gross margin of 79.9% and an increase in gross profit of 17% year-over-year Record Active Buyers of 1.77 million, representing an increase of 21% year-over-year Ended the quarter with cash and cash equivalents, restricted cash, and marketable securities of $57.4 million, up $3.0 million from the previous quarter OAKLAND, Calif., Aug. 05, 2026 (GLOBE NEWSWIRE) -- ThredUp Inc. (Nasdaq: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, announced today its financial results for the second quarter ended June 30, 2026, and updated its financial outlook for the third quarter, fourth quarter, and full year 2026. “We're pleased with our Q2 results, which exceeded our expectations across the board," said ThredUp CEO and co-founder James Reinhart. "Our fundamentals remain strong, active buyers are growing, supply quality is improving, and we're methodically expanding Adjusted EBITDA. Despite strong execution in Q2, we are updating our guidance for the second half of the year to reflect ongoing economic uncertainty affecting the most price-sensitive buyers in our marketplace.” Second Quarter 2026 Financial Highlights Revenue totaled $90.8 million, an increase of 17% year-over-year. Gross Profit and Gross Margin: Gross profit totaled $72.5 million, an increase of 17% year-over-year. Gross margin was 79.9% as compared to 79.5% in the second quarter last year. Net loss was $5.9 million, or a negative 6.5% of revenue, for the second quarter 2026, compared to a loss of $5.2 million, or a negative 6.7% of revenue, for the second quarter last year. Adjusted EBITDA1 was $4.8 million, or 5.3% of revenue, for the second quarter 2026, compared to $3.0 million, or 3.9% of revenue, for the second quarter last year. Active Buyers and Orders: Active Buyers of 1.77 million and Orders of 1.87 million for the second quarter 2026, representing increases of 21% and 22%, respectively, over the second quarter last year. Financial Outlook1 For the third quarter 2026, ThredUp expects: Revenue in the range of $87.0 million to $89.0 million, +7% year-over-year growth at the midpoint, and a 20.3% two-year average growth rate Gross margin in the range of 78.0% to 79.0% Adjusted EBITDA margin of approximately 4.0% For the fourth quarter 2026, ThredUp expects: Revenue in the range of $85.0 million to $87.0 million, +8% year-over-year growth at the midpoint, and a 13.2% two-year average growth rate Gross margin in the range of 77.5% to 78.5% Adjusted EBITDA margin of approximately 6.0% For the full fiscal year 2026, ThredUp expects: Revenue in the range of $344.4 million to $348.4 million, +11% year-over-year growth at the midpoint, and a 15.5% two-year average growth rate Gross margin in the range of 78.7% to 79.1% Adjusted EBITDA margin of approximately 4.7% ThredUp is not providing a quantitative reconciliation of forward-looking guidance of the Non-GAAP measure Adjusted EBITDA margin to net loss margin, the most directly comparable financial measures under GAAP because certain items are out of ThredUp’s control or cannot be reasonably predicted. We calculate Adjusted EBITDA as net loss adjusted to exclude, where applicable in a given period, stock-based compensation expense, depreciation and amortization, interest expense, provision for income taxes, severance and other reorganization costs, and gains related to non-marketable equity investment. Adjusted EBITDA margin represents Adjusted EBITDA divided by Revenue for the same period. Accordingly, a reconciliation for Adjusted EBITDA in order to calculate forward-looking Adjusted EBITDA margin is not available without unreasonable effort. However, for the third and fourth quarters of 2026 and full year 2026, Depreciation and amortization is expected to be $3.3 million, $3.3 million and $14.0 million, respectively. In addition, for the third and fourth quarters of 2026 and full year 2026, Stock-based compensation expense is expected to be $5.9 million, $5.9 million and $23.3 million, respectively. These items are uncertain, depend on various factors, and could result in projected net loss being materially greater than is indicated by the currently estimated Adjusted EBITDA margin. ThredUp is not providing a quantitative reconciliation for free cash flow estimates on a forward-looking basis because it is unable, without making unreasonable efforts, to provide a meaningful or reasonably accurate calculation or estimation of Net cash provided by operating activities and certain reconciling items on a forward-looking basis, which could be significant to the Company's results. Conference Call and Webcast Information The live and archived webcast and all related earnings materials will be available at ThredUp’s investor relations website: ir.thredup.com/news-events/events-and-presentations. [email protected] [email protected] About ThredUp ThredUp is transforming resale with technology and a mission to inspire the world 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 apparel, shoes and accessories. Sellers enjoy 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 enjoy 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 200 million unique secondhand items from 60,000 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. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the federal securities laws, which are statements that involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or our future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “shall,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential”, “looking ahead”, “looking forward,” “seeking” or “continue” or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions. Forward-looking statements in this release include, but are not limited to, guidance on financial results for the third and fourth quarters and full year of 2026; statements about future free cash flow, operating results, capital expenditures and other developments in our business and our long term growth; trends, consumer demand and growth in the online resale markets; the momentum of our business; our investments in technology and infrastructure, including with respect to AI technologies; the impact of tariffs and other changes to global trade on our business; the success and expansion of our RaaS® model and the timing and plans for future RaaS® clients; the implementation and success of direct selling and premium listings on ThredUp; our ability to attract new Active Buyers, including our efforts to make resale more engaging and accessible to a wider audience through innovative shopping experiences, such as the launch of our rebrand; and legal and regulatory developments. Forward-looking statements are neither historical facts nor assurances of future performance. Forward-looking statements involve substantial risks and uncertainties that may cause actual results to differ materially from those that we expect. These risks and uncertainties include, but are not limited to: our ability to attract new users and convert users into buyers, Active Buyers, and sellers; our ability to achieve and maintain profitability; the sufficiency of our cash, cash equivalents and capital resources to meet our liquidity needs; our ability to effectively manage or sustain our growth and to effectively expand our operations; risks from an intensely competitive market; our ability to effectively deploy new and evolving technologies, such as artificial intelligence and machine learning, in our offerings; risks arising from economic and industry trends, including tariffs, inflationary pressures, interest rate volatility, changing consumer habits, climate change and general global economic uncertainty; our ability to comply with applicable laws and regulations; and our ability to successfully integrate and realize the benefits of our past or future strategic acquisitions or investments. More information on these risks and other potential factors that could affect the Company’s business, reputation, results of operations, financial condition, and stock price is included in the Company’s filings with the Securities and Exchange Commission (“SEC”), including in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings. The forward-looking statements in this release are based on information available to us as of the date hereof, and we disclaim any obligation to update any forward-looking statements, except as required by law. These forward-looking statements should not be relied upon as representing ThredUp’s views as of any date subsequent to the date of this press release. Additional information regarding these and other factors that could affect ThredUp's results is included in ThredUp’s SEC filings, which may be obtained by visiting our Investor Relations website at ir.thredup.com or the SEC's website at www.sec.gov. Channels for Disclosure of Information ThredUp intends to announce material information to the public through the ThredUp Investor Relations website ir.thredup.com, SEC filings, press releases, public conference calls, and public webcasts. ThredUp uses these channels, as well as social media, to communicate with its investors, customers, and the public about the company, its offerings, and other issues. It is possible that the information ThredUp posts on social media could be deemed to be material information. As such, ThredUp encourages investors, the media, and others to follow the channels listed above, including the social media channels listed on ThredUp’s investor relations website, and to review the information disclosed through such channels. Non-GAAP Financial Measures and Other Operating and Business Metrics This press release and the accompanying tables contain non-GAAP financial measures, including: Adjusted EBITDA, Adjusted EBITDA margin, free cash flow, and other operating and business metrics. In addition to our results determined in accordance with GAAP, we believe that these non-GAAP financial measures and other operating and business metrics, are useful in evaluating our operating performance and enhancing an overall understanding of our financial position. We use these measures and metrics to evaluate and assess our operating performance, and for internal planning and forecasting purposes. We believe that these non-GAAP financial measures, when taken collectively with our GAAP results, may be helpful to investors because they provide consistency and comparability with past financial performance and assist in comparisons with other companies, some of which use similar non-GAAP financial information to supplement their GAAP results. Our non-GAAP financial measures and other operating and business metrics are presented for supplemental informational purposes only, should not be considered a substitute for financial information presented in accordance with GAAP and may be different from similarly-titled non-GAAP financial measures and other operating and business metrics used by other companies. We encourage investors to review our results determined in accordance with GAAP and the accompanying reconciliations for more information. A reconciliation is provided above for Non-GAAP Adjusted EBITDA to Net loss, the most directly comparable financial measure stated in accordance with GAAP. We calculate Non-GAAP Adjusted EBITDA as Net loss adjusted to exclude, where applicable in a given period, stock-based compensation expense, depreciation and amortization, interest expense, provision for income taxes, severance and other reorganization costs, and gains related to non-marketable equity investment. Non-GAAP Adjusted EBITDA margin represents Non-GAAP Adjusted EBITDA divided by Revenue for the same period. A reconciliation is provided above for Non-GAAP free cash flow to Net cash provided by operating activities, the most directly comparable financial measure stated in accordance with GAAP. We calculate Non-GAAP free cash flow as Net cash provided by operating activities reduced by Purchases of property and equipment. An Active Buyer is a ThredUp buyer who has made at least one purchase in the last twelve months. A ThredUp buyer is a customer who has created an account and purchased in our marketplaces, including through our RaaS® clients, and is identified by a unique email address. A single person could have multiple ThredUp accounts and count as multiple Active Buyers. Orders are defined as the total number of orders placed by buyers across our marketplaces, including through our RaaS® clients, in a given period, net of cancellations. 1 Adjusted EBITDA and Adjusted EBITDA margin are non-GAAP measures. See “Reconciliation of GAAP to Non-GAAP Financial Measures” for a detailed reconciliation of these non-GAAP measures to the most directly comparable GAAP measures and “Non-GAAP Financial Measures and Other Operating and Business Metrics” for a discussion of why we believe these non-GAAP measures are useful.

Online fashion resale marketplace ThredUp (NASDAQ:TDUP) met Wall Street’s revenue expectations in Q2 CY2026, with sales up 16.9% year on year to $90.77 million. On the other hand, next quarter’s revenue guidance of $88 million was less impressive, coming in 5.4% below analysts’ estimates. Its GAAP loss of $0.05 per share was $0.02 below analysts’ consensus estimates. Is now the time to buy ThredUp? Find out in our full research report. Revenue: $90.77 million vs analyst estimates of $90.34 million (16.9% year-on-year growth, in line) EPS (GAAP): -$0.05 vs analyst estimates of -$0.03 ($0.02 miss) Adjusted EBITDA: $4.78 million vs analyst estimates of $4.69 million (5.3% margin, relatively in line) The company dropped its revenue guidance for the full year to $346.4 million at the midpoint from $353.7 million, a 2.1% decrease Operating Margin: -6.7%, in line with the same quarter last year Free Cash Flow was $1.78 million, up from -$2.94 million in the same quarter last year Orders: up 300,000 year on year Market Capitalization: $796.2 million “We're pleased with our Q2 results, which exceeded our expectations across the board," said ThredUp CEO and co-founder James Reinhart. Founded to revolutionize thrifting, ThredUp (NASDAQ:TDUP) is a leading online fashion resale marketplace offering a wide selection of gently-used clothing and accessories. Reviewing a company’s long-term sales performance reveals insights into its quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. Regrettably, ThredUp’s sales grew at a weak 7.3% compounded annual growth rate over the last five years. This was below our standard for the consumer discretionary sector and is a rough starting point for our analysis. We at StockStory place the most emphasis on long-term growth, but within consumer discretionary, a stretched historical view may miss a company riding a successful new product or trend. ThredUp’s annualized revenue growth of 13.2% over the last two years is above its five-year trend, which is encouraging. ThredUp also discloses its number of orders, which reached 1.77 million in the latest quarter. Over the last two years, ThredUp’s orders was flat. Because this number is lower than its revenue growth during the same period, we can see the company’s monetization has risen. This quarter, ThredUp’s year-on-year revenue growth was 16.9%, and its $90.77 million of revenue was in line with Wall Street’s estimates. Company management is currently guiding for a 7.1% year-on-year increase in sales next quarter. Looking further ahead, sell-side analysts expect revenue to grow 11.7% over the next 12 months, a slight deceleration versus the last two years. This projection doesn’t excite us and suggests its products and services will see some demand headwinds. WHILE YOU’RE HERE: The Next Palantir? One satellite company captures images of every point on Earth. Every single day. The Pentagon wants it. Hedge funds are using it to beat earnings. You’ve probably never heard of it. This is what the early days of Palantir looked like before it became a giant. Same playbook. Different technology. If you missed Palantir, you need to see this. Claim The Stock Ticker for Free HERE. Operating margin is an important measure of profitability as it shows the portion of revenue left after accounting for all core expenses — everything from the cost of goods sold to advertising and wages. It’s also useful for comparing profitability across companies with different levels of debt and tax rates because it excludes interest and taxes. ThredUp’s operating margin has been trending up over the last 12 months, but it still averaged negative 8.7% over the last two years. This is due to its large expense base and inefficient cost structure. ThredUp’s operating margin was negative 6.7% this quarter. The company’s consistent lack of profits raises a flag. Revenue trends explain a company’s historical growth, but the long-term change in earnings per share (EPS) points to the profitability of that growth — for example, a company could inflate its sales through excessive spending on advertising and promotions. Although ThredUp’s full-year earnings are still negative, it reduced its losses and improved its EPS by 44.4% annually over the last five years. The next few quarters will be critical for assessing its long-term profitability. In Q2, ThredUp reported EPS of negative $0.05, in line with the same quarter last year. This print missed analysts’ estimates. Over the next 12 months, Wall Street expects ThredUp to improve its earnings losses. Analysts forecast its full-year EPS will improve from negative $0.18 to negative $0.07. We struggled to find many positives in these results. Its EPS was in line and its full-year revenue guidance fell short of Wall Street’s estimates. Overall, this was a weaker quarter. The stock traded down 15.5% to $5.30 immediately after reporting. ThredUp underperformed this quarter, but does that create an opportunity to invest right now? What happened in the latest quarter matters, but not as much as longer-term business quality and valuation, when deciding whether to invest in this stock. We cover that in our actionable full research report which you can read here, it’s free.

ThredUp’s 19.2% return over the past six months has outpaced the S&P 500 by 10.5%, and its stock price has climbed to $6.65 per share. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation. Is there a buying opportunity in ThredUp, or does it present a risk to your portfolio? Get the full breakdown from our expert analysts, it’s free. Despite the momentum, we don’t have much confidence in ThredUp. Here are three reasons why there are better opportunities than TDUP, plus one stock we’d rather own. Revenue growth can be broken down into changes in price and volume (for companies like ThredUp, our preferred volume metric is orders). While both are important, the latter is the most critical to analyze because prices have a ceiling. ThredUp’s orders came in at 1.71 million in the latest quarter, and over the last two years, averaged 3% year-on-year declines. This performance was underwhelming and implies there may be increasing competition or market saturation. It also suggests ThredUp might have to lower prices or invest in product improvements to grow, factors that can hinder near-term profitability. Operating margin is a key measure of profitability. Think of it as net income - the bottom line - excluding the impact of taxes and interest on debt, which are less connected to business fundamentals. ThredUp’s operating margin has risen over the last 12 months, but it still averaged negative 9.6% over the last two years. This is due to its large expense base and inefficient cost structure. If you’ve followed StockStory for a while, you know we emphasize free cash flow. Why, you ask? We believe that in the end, cash is king, and you can’t use accounting profits to pay the bills. ThredUp broke even from a free cash flow perspective over the last two years, giving the company limited opportunities to return capital to shareholders. We cheer for all companies serving everyday consumers, but in the case of ThredUp, we’ll be cheering from the sidelines. With its shares outperforming the market lately, the stock trades at 35.9× forward EV-to-EBITDA (or $6.65 per share). This multiple tells us a lot of good news is priced in - we think there are better opportunities elsewhere. We’d recommend looking at a safe-and-steady industrials business benefiting from an upgrade cycle. ONE MORE THING: Top 5 Growth Stocks. The biggest stock winners almost always had one thing in common before they ran. Revenue growing like crazy. Meta. CrowdStrike. Broadcom. Our AI flagged all three. They returned 315%, 314%, and 455%, respectively. Find out which 5 stocks it’s flagging this month — FREE. Get Our Top 5 Growth Stocks for Free HERE. Stocks that have made our list include now familiar names such as Nvidia (+1,460% between June 2020 and June 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+271% between June 2020 and June 2025). Find your next big winner with StockStory today.

Wrapping up Q1 earnings, we look at the numbers and key takeaways for the consumer discretionary - apparel and accessories stocks, including ThredUp (NASDAQ:TDUP) and its peers. The Consumer Discretionary sector, by definition, is made up of companies selling non-essential goods and services. When economic conditions deteriorate or tastes shift, consumers can easily cut back or eliminate these purchases. For long-term investors with five-year holding periods, this creates a structural challenge: the sector is inherently hit-driven, with low switching costs and fickle customers. As a result, only a handful of companies can reliably grow demand and compound earnings over long periods, which is why our bar is high and High Quality ratings are rare. Apparel and accessories companies design, brand, and distribute clothing, handbags, jewelry, and related lifestyle products, often spanning multiple price tiers. Tailwinds include premiumization trends (consumers trading up for perceived quality), international expansion into emerging markets, and growing digital commerce penetration. However, these businesses face headwinds from highly cyclical demand, intense promotional environments, and counterfeit competition undermining brand equity. Tariff volatility and sourcing concentration in a handful of countries add risk. Additionally, rapidly changing fashion cycles and the rise of ultra-fast-fashion digital competitors compress product life cycles and make demand forecasting exceptionally difficult. The 15 consumer discretionary - apparel and accessories stocks we track reported a strong Q1. As a group, revenues beat analysts’ consensus estimates by 1.6% while next quarter’s revenue guidance was in line. Thankfully, share prices of the companies have been resilient as they are up 7.7% on average since the latest earnings results. Founded to revolutionize thrifting, ThredUp (NASDAQ:TDUP) is a leading online fashion resale marketplace offering a wide selection of gently-used clothing and accessories. ThredUp reported revenues of $81.67 million, up 14.6% year on year. This print exceeded analysts’ expectations by 1.9%. Overall, it was a strong quarter for the company with a solid beat of analysts’ adjusted operating income estimates. “We are proud to deliver Q1 out-performance, including a record month for new buyer acquisition,” said ThredUp CEO and co-founder James Reinhart. Interestingly, the stock is up 54.5% since reporting and currently trades at $6.75. Is now the time to buy ThredUp? Access our full analysis of the earnings results here, it’s free. With its watches displayed in 20 museums around the world, Movado (NYSE:MOV) is a watchmaking company with a portfolio of watch brands and accessories. Movado reported revenues of $142.4 million, up 8.1% year on year, outperforming analysts’ expectations by 5.4%. The business had a stunning quarter with a beat of analysts’ EPS and EBITDA estimates. The market seems happy with the results as the stock is up 31.7% since reporting. It currently trades at $39.29. Is now the time to buy Movado? Access our full analysis of the earnings results here, it’s free. Founded in 1996 by a former University of Maryland football player, Under Armour (NYSE:UAA) is an apparel brand specializing in sportswear designed to improve athletic performance. Under Armour reported revenues of $1.17 billion, flat year on year, in line with analysts’ expectations. It was a disappointing quarter as it posted full-year EPS guidance missing analysts’ expectations and a significant miss of analysts’ adjusted operating income estimates. Interestingly, the stock is up 4% since the results and currently trades at $6.30. Read our full analysis of Under Armour’s results here. The parent company of Tommy Bahama, Oxford Industries (NYSE:OXM) is a lifestyle fashion conglomerate with brands that embody outdoor happiness. Oxford Industries reported revenues of $391.4 million, flat year on year. This result was in line with analysts’ expectations. More broadly, it was a slower quarter as it produced EPS guidance for next quarter missing analysts’ expectations and full-year revenue guidance slightly missing analysts’ expectations. Oxford Industries had the weakest guidance update and weakest full-year guidance update among its peers. The stock is down 19.4% since reporting and currently trades at $34.90. Read our full, actionable report on Oxford Industries here, it’s free. Founded as a small leather goods business, G-III (NASDAQ:GIII) is a fashion and apparel conglomerate with a diverse portfolio of brands. G-III reported revenues of $536 million, down 8.2% year on year. This print surpassed analysts’ expectations by 1.1%. It was a very strong quarter as it also put up a beat of analysts’ EPS estimates and a solid beat of analysts’ EBITDA estimates. G-III achieved the highest guidance raise but had the slowest revenue growth among its peers. The stock is up 5.2% since reporting and currently trades at $33.70. Read our full, actionable report on G-III here, it’s free. Late in 2025 into early 2026, there was hand-wringing around artificial intelligence. For software companies, the fear was that AI would erode pricing power and compress margins as new tools made it easier to replicate what once required expensive enterprise platforms. Crypto investors had their own version of the same anxiety: if AI agents could trade, allocate capital, and manage wallets autonomously, what exactly was the long-term value of today’s crypto infrastructure? These concerns triggered a noticeable rotation away from these sectors and into safer havens. But markets rarely dwell on one narrative for long. Spring 2026 came, and the focus shifted abruptly from technological disruption to geopolitical risk. The US’ conflict with Iran became the dominant driver of market psychology, and when geopolitics takes center stage, the script changes quickly. Investors stop debating growth rates and start worrying about oil supply, inflation, and global stability. Want to invest in winners with rock-solid fundamentals? Check out our 9 Best Market-Beating Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.

Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. ThredUp is back in focus as analysts refresh their price targets, with some moving higher and others trimming expectations in response to the latest guidance and valuation work. Supportive voices point to execution improvements and earnings quality, while more cautious views stress execution risk and question how quickly profitability and cash generation can firm up. As you read on, you will see how these shifting targets and narratives fit together and what to watch to stay on top of ThredUp’s evolving story. Analyst Price Targets don't always capture the full story. Head over to our Company Report to find new ways to value ThredUp. TD Cowen, which recently adjusted its ThredUp price target by US$0.20, highlights elements that, in its view, support the current valuation framework, including progress that could help earnings quality over time. Supportive commentary points to ThredUp’s position in online resale as a potential positive, with bulls focusing on the possibility that improved execution could eventually feed through to more stable profitability metrics. Telsey Advisory cut its ThredUp price target by US$2, reflecting a more cautious stance on how quickly profitability and cash generation might firm up relative to prior expectations. Wells Fargo also reduced its ThredUp price target by US$2, signaling concern about execution risk and how that could affect the valuation investors are willing to assign to the stock. Across the more cautious views, analysts are questioning the balance between growth ambitions and the timing of stronger free cash flow, which can weigh on how the market values ThredUp in the near term. Do your thoughts align with the Bull or Bear Analysts? Perhaps you think there's more to the story. Head to the Simply Wall St Community to discover more perspectives! See how ThredUp's fair value stacks up across multiple valuation models — not just analyst targets. Fair Value: US$8.04 remains unchanged as the core intrinsic value estimate for ThredUp in this update. Revenue Growth: Revenue growth assumption is effectively unchanged at 9.87%. Net Profit Margin: Net profit margin assumption remains steady at 3.97%. PE Ratio: Future P/E multiple eased slightly from 89.24x to 89.13x. Discount Rate: The discount rate moved from 8.25% to 8.21% in the valuation model. Narratives link ThredUp’s business story to a structured financial forecast and fair value, updating as new guidance, risks, or industry data come through. They help you see how individual news items and analyst revisions fit into a bigger picture. Head over to the Simply Wall St Community and follow the Narrative on ThredUp to stay up to date on: How tariff changes and the closure of the de minimis loophole could shift value toward secondhand fashion platforms like ThredUp. The role of AI driven personalization, supply chain automation, and Resale-as-a-Service partnerships in supporting buyer engagement and revenue diversification. Key risks around high marketing spend, dependence on secondhand demand, logistics costs, early stage B2B adoption, and intense competition from both fast fashion e-commerce and retailer led resale efforts. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include TDUP. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

ThredUp’s first quarter saw a positive market reaction, as the company delivered double-digit revenue growth while matching Wall Street’s profit expectations. Management attributed this performance to strong buyer acquisition and engagement, with March marking a historic high in new buyers. CEO James Reinhart noted that “active buyers on a trailing twelve-month basis grew 25% year over year,” and highlighted effective marketing channel shifts and supply initiatives as central to the quarter’s outperformance, even as consumer caution increased late in the period. Is now the time to buy TDUP? Find out in our full research report (it’s free). Revenue: $81.67 million vs analyst estimates of $80.18 million (14.6% year-on-year growth, 1.9% beat) Adjusted EPS: -$0.05 vs analyst estimates of -$0.06 (in line) Adjusted EBITDA: $2.75 million vs analyst estimates of $2.51 million (3.4% margin, relatively in line) The company slightly lifted its revenue guidance for the full year to $353.7 million at the midpoint from $352 million Operating Margin: -8.1%, in line with the same quarter last year Orders: up 340,000 year on year Market Capitalization: $622 million While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Irwin Bernard Boruchow (Wells Fargo) asked how management balances resilient demand with a more selective consumer environment. CEO James Reinhart explained that lower average selling prices and conversion rates started in March, driven by inflation and high gas prices, and these dynamics are reflected in the full-year outlook. Matt Koranda (ROTH Capital) questioned how Q2 guidance reconciles ASP and conversion pressure with projected sales acceleration. Reinhart stated that stronger execution and marketplace resilience offset the headwinds, but guidance remains cautious to account for uncertainty. Dylan Douglas Carden (William Blair) asked if this was the first time ThredUp invested in seller acquisition. Reinhart confirmed a new, methodical approach, including paid campaigns and influencer partnerships, and emphasized that acquired sellers often become buyers, accelerating the marketplace flywheel. Dana Lauren Telsey (Telsey Advisory Group) inquired about the timing and drivers of pricing and conversion shifts, as well as the impact of new customer demographics. Reinhart pointed to March as the inflection point, with ongoing adjustments in marketing mix and curation to match evolving customer needs. Oliver Chen (TD Cowen) asked about order frequency and the impact of reinforcement learning. CFO Sean Sobers explained that order frequency per buyer is rising even as revenue per order dips, and that reinforcement learning is central to optimizing the customer journey and boosting conversion rates. In the quarters ahead, the StockStory team will track (1) the broader rollout and impact of ThredUp’s AI-driven personalization and agentic commerce features, (2) the ability to scale and integrate new seller channels, especially TikTok Shop, and (3) the company’s success in maintaining healthy supply-demand balance amid a more cautious consumer backdrop. Progress in seller onboarding and frequency initiatives will further signal execution strength. ThredUp currently trades at $4.75, up from $4.37 just before the earnings. Is there an opportunity in the stock?The answer lies in our full research report (it’s free for active Edge members). ALSO WORTH WATCHING: Top 5 Momentum Stocks. The best time to own a great stock is when the market is finally noticing it. These aren't just high-quality businesses. Something is happening with them right now. Elite fundamentals meeting near-term momentum - both boxes checked at the same time. Find out which stocks our AI platform is flagging this week. See this week's Strong Momentum stocks - FREE. Get Our Strong Momentum Stocks for Free HERE. Stocks that have made our list include now familiar names such as Nvidia (+1,326% between June 2020 and June 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today.

Minot Light Capital Partners, an investment management company, released its “Capital Appreciation Fund" Q1 2026 Investor Letter. A copy of the letter can be downloaded here. The fund declined by 2.7% in the first quarter of 2026 due to a sharp macro-driven sector rotation following geopolitical tensions, which triggered inflation fears and rising interest rate expectations. This scenario led to a shift in investor focus toward sectors such as energy, defense, and AI-linked stocks, while the fund’s core exposure to healthcare, consumer, and idiosyncratic industrials lagged. Despite this setback, the firm maintains a constructive long-term outlook, suggesting that the current market volatility and consensus-driven market narratives are creating attractive opportunities in out-of-favor sectors where it continues to find compelling valuations and expects eventual mean reversion to drive future returns.  In addition, you can check the Fund’s top five holdings to determine its best picks for 2026. In its first-quarter 2026 investor letter, Minot Light Capital Appreciation Fund highlighted stocks like ThredUp Inc. (NASDAQ:TDUP). ThredUp Inc. (NASDAQ:TDUP) operates an online resale marketplace for secondhand apparel, footwear, and accessories. The one-month return of ThredUp Inc. (NASDAQ:TDUP) was 1.18% while its shares traded between $3.08 and $12.28 over the last 52 weeks. On May 12, 2026, ThredUp Inc. (NASDAQ:TDUP) stock closed at approximately $4.29 per share, with a market capitalization of about $553.58 million. Minot Light Capital Appreciation Fund stated the following regarding ThredUp Inc. (NASDAQ:TDUP) in its Q1 2026 investor letter: ThredUp Inc. (NASDAQ:TDUP) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. As per our database, 40 hedge fund portfolios held ThredUp Inc. (NASDAQ:TDUP) at the end of the fourth quarter, which was 31 in the previous quarter. While we acknowledge the risk and potential of ThredUp Inc. (NASDAQ:TDUP) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered ThredUp Inc. (NASDAQ:TDUP) and shared the list of the most shorted penny stocks to buy. In addition, please check out our hedge fund investor letters Q1 2026 page for more investor letters from hedge funds and other leading investors. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years  Disclosure: None. This article is originally published at Insider Monkey.

Q1 results: Revenue rose 14.6% year-over-year to $81.7 million with a 79.2% gross margin and adjusted EBITDA of $2.7 million, while GAAP net loss widened to $6.5 million and cash/securities ended at $54.4 million. Strong buyer and order growth: Trailing‑12‑month active buyers reached a record 1.7 million (up 25%) and orders increased 19.3%, driven by improved marketing efficiency and lower customer acquisition costs despite softer ASPs and conversion since early March. Guidance and strategic initiatives: Management guided Q2 revenue of $89–91M and full‑year revenue of $351.2–356.2M while investing in AI-driven discovery/agentic experiences, an “exact match” product, ramped seller acquisition (kit requests +90%) and faster inbound processing to boost supply. Interested in ThredUp Inc.? Here are five stocks we like better. 3 Stocks Under $5 With Strong Analyst Upside Potential ThredUp (NASDAQ:TDUP) reported first quarter fiscal 2026 results that management said exceeded internal expectations, driven by strong buyer growth, improved marketing efficiency, and higher inbound processing. CEO and co-founder James Reinhart said revenue grew 14.6% year-over-year to $81.7 million, gross margin was 79.2%, and the company grew its cash balance by $1.3 million during the quarter. “March was the best month in our history,” Reinhart said, adding that trailing twelve-month active buyers rose 25% year-over-year and new buyer acquisition “remains strong.” → Roblox Stock Slides to New Low as Safety Changes Weigh on Outlook 3 Stocks You’ll Wish You Bought Before 2026 CFO Sean Sobers said the company ended the quarter with a record 1.7 million trailing twelve-month active buyers, up 25% from the prior year. Orders in the first quarter increased 19.3% to 1.6 million. Sobers said the quarter’s performance was driven by “investments into new buyer acquisition, continued LTV to CAC efficiencies, and inbound processing that drove our marketplace flywheel.” Gross margin of 79.2% was up 10 basis points from the year-ago quarter, which Sobers attributed to higher average selling prices (ASPs) during the quarter. On the bottom line, ThredUp posted a GAAP net loss of $6.5 million, compared with a GAAP net loss of $5.2 million a year earlier. Sobers reported adjusted EBITDA of $2.7 million in the quarter and said the company invested earlier in growth drivers this year, resulting in “better top-line results and more moderate EBITDA.” → The Real SpaceX Play: 5 Chip Stocks Powering the IPO Before It Launches ThredUp Stock Reverses on AI Buzz, Eyes Double-Digit Gains On the balance sheet, Sobers said ThredUp ended the quarter with $54.4 million in cash and securities, up from $53.1 million at the start of the quarter. The company invested $4.1 million in capital expenditures and generated $1.3 million in cash during Q1. While management highlighted demand resilience, both Reinhart and Sobers cautioned that consumer behavior has become more selective entering the second quarter. Reinhart said ThredUp has observed “average selling prices and conversion rates being slightly lower since early March,” with prices down roughly 3% and conversion rates for existing customers down about 5%. → 3 Emerging Markets ETFs to Maximize Exposure to High-Potential Countries During Q&A, Reinhart tied the shift in trends to macro developments, noting the pattern “does track” elevated oil and gas prices and referencing “the war in Iran,” while emphasizing that April performance had been “good” quarter-to-date. Sobers added that the company incorporated the observed ASP and conversion environment from late March through April into its guidance, and that assumptions do not include a recovery in those metrics. Analysts pressed management on how ThredUp posted a record month for buyer acquisition despite the headwinds. Reinhart said both dynamics could be true, pointing to conversion improvements made over prior quarters and saying conversion remains “very strong” even after a pullback. He also said new buyers in Q1 rose in the mid-to-high 20% range year-over-year while customer acquisition costs (CACs) declined by a double-digit percentage. Reinhart outlined three 2026 priorities: growing and retaining high-value buyers, developing AI technology to improve discovery and shopping, and scaling high-quality supply. He said ThredUp has launched its “first agentic product experience” for a segment of customers, where an “agent or a team of agents” leverages event feeds across platforms and reinforcement learning to personalize browsing in real time. Reinhart also described an initiative to aggregate “exact match” items—starting with dresses—so customers can view the same item in different colors, sizes, or condition tiers without navigating to another page. He said ThredUp believes no scaled resale company has replicated that experience across “thousands of brands and category SKUs,” and that the change is particularly helpful for newer customers. On marketing, Reinhart said ThredUp increased spending on Meta by 100% year-over-year and on Pinterest by 94% in Q1, while reducing spend on Google. He said Meta and Pinterest cohorts have higher predicted lifetime values, even if CACs are “slightly elevated,” and the company believes the shift supports improved retention and higher LTV over time. Sobers also addressed buying behavior, saying the company is seeing incremental improvements in order frequency. He said revenue per order has been “slightly lower,” but “orders per buyer actually [are] going up,” and indicated the company expects that trend to continue through 2026. Reinhart said ThredUp’s seven-day sell-through rate—described as its best proxy for demand—rose more than 15% year-over-year, while listings increased 17% year-over-year in Q1. He said those metrics suggest the marketplace needs “more sellers and more supply” to meet buyer demand. In Q1, ThredUp made “a deliberate investment in new seller acquisition.” Reinhart said 48% of kit requests came from new sellers, and new seller kit requests rose 90% year-over-year. He attributed the surge to TikTok Shop activation, on-site promotion, and targeted seller campaigns. In response to questions about paid seller acquisition, Reinhart said the company is beginning a more “methodical approach,” including working with creators and influencers on an affiliate basis. He said acquiring sellers can also benefit the buyer side because acquired sellers can convert into buyers and higher-quality supply can improve buyer conversion and LTV. Regarding TikTok Shop supply, Reinhart said the quality of goods from new suppliers tends to be lower than existing suppliers due to a learning curve, but he characterized the channel as a “huge opportunity” and said ThredUp recently launched premium bags on TikTok. He also said the company is increasing inbound processing “faster than planned” to capitalize on the influx of sellers and what he described as “pent-up demand” from a growing buyer base. Reinhart said ThredUp tracks supply adequacy using “items per buyer” and an item quality metric he referred to as a “hanger score.” He said items per buyer “flipped” in Q1, signaling incremental buyer demand has outpaced supply availability, supporting the company’s decision to more aggressively ramp processing and supply acquisition. For the second quarter, Sobers guided revenue to $89 million to $91 million, gross margin of 78.5% to 79.5%, and adjusted EBITDA of approximately 5.2% of revenue. He also projected basic weighted average shares outstanding of about 130 million. For the full year 2026, Sobers guided revenue to $351.2 million to $356.2 million and raised gross margin expectations to 78.5% to 79.5%. The company expects adjusted EBITDA of approximately 6.1% of revenue, which Sobers said implies about 170 basis points of expansion versus last year. Basic weighted average shares outstanding is expected to be about 131 million. Sobers said ThredUp plans to reinvest incremental dollars above its guidance into “growth-driving opportunities in processing and marketing,” while Reinhart emphasized that the company is operating at a high level even as it navigates softer ASPs and conversion rates. ThredUp, Inc operates an online consignment and thrift platform that enables consumers to buy and sell secondhand clothing and accessories. Through its digital marketplace, the company offers curated selections of apparel for women and children, spanning a broad range of brands and styles. Sellers can order a “Clean Out Kit” to send in items they no longer wear, while buyers benefit from discounted prices and a simplified shopping experience powered by ThredUp's in-house authentication, quality control and logistics capabilities. In addition to its core consumer-to-consumer marketplace, ThredUp has expanded into business-to-business services with its Resale-as-a-Service (RaaS) offering. The article "ThredUp Q1 Earnings Call Highlights" was originally published by MarketBeat.

Revenue growth of 14.6% was driven by record active buyer acquisition and improved marketing efficiency, with March marking the strongest month in company history. Management observed an 'incrementally discerning' consumer starting in March, characterized by a 3% decline in average selling prices (ASPs) and a 5% drop in existing customer conversion rates. The company is pivoting its acquisition strategy toward Meta and Pinterest, where spend increased approximately 100% and 94% respectively, yielding higher lifetime value (LTV) than traditional Google channels. Supply has been identified as the primary constraint for growth, prompting a 90% year-over-year surge in new seller kit requests through targeted TikTok Shop and influencer campaigns. The launch of 'agentic commerce' uses reinforcement learning to dynamically personalize the on-site shopping journey in real-time based on individual clickstream data. Operational focus has shifted toward 'lean-back selling' features, such as a one-click relisting tool for the 100 million items previously sold on the platform. Strategic investments in inbound processing are being accelerated to capitalize on high sell-through rates and satisfy pent-up demand from a growing buyer base. Full-year 2026 guidance assumes that the current 3% ASP headwind and lower conversion rates will persist without recovery for the remainder of the year. Management noted that the business leverages and expands margins over time, and the recent performance reflected approximately 170 basis points of expansion versus the prior year. The company intends to flow any incremental revenue outperformance back into growth-driving opportunities, specifically in marketing and supply processing. Strategic rollout of 'exact match' item aggregation will expand from the dresses category to other high-volume SKUs to improve conversion for new shoppers. Resale-as-a-Service (RAAS) is expected to scale through new apparel brand partnerships and the replication of viral in-store trade-in event playbooks. Macroeconomic factors, specifically high gas prices and sticky inflation, are cited as the primary drivers for recent volatility in consumer purchasing behavior. The influx of new sellers (48% of total kit requests) requires increased investment in seller education and onboarding to match the performance of established cohorts. Geopolitical events, specifically tensions in the Middle East, were noted as potentially correlating with the timing of softened consumer sentiment in March. A shift in the shipping threshold strategy is intentionally prioritizing order frequency over average order value to drive long-term platform stickiness. Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Management noted that the dip in ASPs and conversion coincided with elevated oil prices and geopolitical instability in April. Despite these headwinds, the business remains resilient, and the full-year guide conservatively assumes no immediate recovery in these metrics. ThredUp is testing paid marketing for sellers for the first time, finding that acquired sellers often convert into high-value buyers. This 'flywheel' effect accelerates marketplace liquidity by improving the quality and volume of available goods, which in turn drives buyer LTV. The new AI engine predicts the path most likely to lead to conversion and modifies the site interface live for each user. This technology is specifically designed to handle the complexity of a secondhand catalog where hundreds of thousands of unique items are added weekly. Internal metrics indicated that buyer demand began to outpace available supply in Q1, triggering a 'warning light' to ramp up processing. The company is using its 'HangerScore' to identify gaps in high-quality, premium supply, leading to the launch of premium bag kits on TikTok. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here.