ThredUp Shares Climb Amid 1Q Jump in Active Buyers

Dow Jones05-06
 

By Christopher Kuo

 

ThredUp shares rose after the company posted double-digit growth of its active buyers numbers.

Shares of the thrift marketplace company rose 15% on Tuesday to $5.05. The company's shares are still down 21% year to date.

The company on Monday posted a first-quarter loss of $6.5 million, or 5 cents a share, compared with a loss of $5.2 million, or 4 cents a share, a year earlier. Analysts polled by FactSet were expecting a loss of 5 cents a share.

Active buyers jumped 25% year over year to 1.71 million, the company said.

Revenue rose 15% to $81.7 million. Analysts expected $80.2 million.

 

Write to Christopher Kuo at chris.kuo@wsj.com

 

(END) Dow Jones Newswires

May 05, 2026 15:59 ET (19:59 GMT)

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