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Stock impact report

Apparel and Accessories Stocks Q2 Recap: Benchmarking ThredUp (NASDAQ:TDUP) [Yahoo! Finance]

ThredUp Inc. - Class A (TDUP) 
Company Research Source: Yahoo! Finance
Today we are looking at ThredUp (NASDAQ:TDUP) and the best and worst performers in the apparel and accessories industry. Thanks to social media and the internet, not only are styles changing more frequently today than in decades past but also consumers are shifting the way they buy their goods, favoring omnichannel and e-commerce experiences. Some apparel and accessories companies have made concerted efforts to adapt while those who are slower to move may fall behind. The 17 apparel and accessories stocks we track reported a strong Q2. As a group, revenues beat analysts' consensus estimates by 2.9% while next quarter's revenue guidance was 13% below. While some apparel and accessories stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 2.3% since the latest earnings results. ThredUp (NASDAQ:TDUP) Founded to revolutionize thrifting, ThredUp (NASDAQ:TDUP) is a leading online fashion resale marketplace offering a wid Show less Read more
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