ThredUp Inc (NAS:TDUP)
$ 0.98 0.13 (15.29%) Market Cap: 110.19 Mil Enterprise Value: 117.80 Mil PE Ratio: 0 PB Ratio: 1.10 GF Score: 49/100

ThredUp Inc at Barclays Global Technology Conference Transcript

Dec 07, 2023 / 07:00PM GMT
Release Date Price: $2.3 (+3.14%)
Trevor Young
Barclays - Analyst

So good morning. My name is Trevor Young. I'm one of the Internet analyst here at Barclays, and I'm pleased to be hosting the thread up team again, thanks so much for joining us, guys.

Questions & Answers

Trevor Young
Barclays - Analyst

So I guess just to start off, just want to hit on some of the near term trends towards the end of 3Q and into 4Q. It sounded like we're starting to see some diverging dynamics in the U.S. and European businesses. Just want to hit on that. Each of those businesses individually the various successes and challenges that you're facing in each of those regions today?

James Reinhart
ThredUp Inc - Chief Executive Officer, Co-Founder, Director

Yes. I mean, I think a key three in the US was quite strong, right? I mean, it was a first time EBITDA breakeven, free cash flow positive. And we joked with an investor earlier this morning that when we went public in mid-2021, it we thought it would take about six quarters to sort of reach that milestone.

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