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By Emon Reiser
ThredUp narrowed its full-year revenue range to $319.5 million to $321.5 million, from previously issued guidance of $325 million to $329 million.
The online clothing resale platform changed its full-year adjusted earnings before interest, taxes, depreciation and amortization loss to a range of 5.3% to 4.7%, from 5.5% to 4.5%.
The company now expects its full-year gross margin in the range of 66.2% from 66.7%, from 66.5% to 67.5% previously.
For the upcoming fourth quarter, ThredUp said it expects revenue in the range of between $79 million to $81 million, gross margin in the range of 61% to 63%, and adjusted EBITDA loss margin of up to 2%.
Write to Emon Reiser at [email protected]
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