ThredUp Inc. (NASDAQ:TDUP) Q4 2023 Earnings Conference Call March 4, 2024 4:30 PM ET
Company Participants
Lauren Frasch - Investor Relations
James Reinhart - Chief Executive Officer and Co-Founder
Sean Sobers - Chief Financial Officer
Conference Call Participants
Ike Boruchow - Wells Fargo
Anna Andreeva - Needham & Company
Tom Nikic - Wedbush
Edward Yruma - Piper Sandler
Alexandra Steiger - Goldman Sachs
Dana Telsey - Telsey Group
Operator
Good afternoon. My name is Jeremy and I will be your conference operator today. At this time, I would like to welcome everyone to the ThredUp Fourth Quarter 2023 Earnings Conference Call. [Operator Instructions] Thank you. I would now like to hand the conference over to Lauren Frasch, Head of Investor Relations. Please go ahead.
Lauren Frasch
Good afternoon and thank you for joining us on today’s conference call to discuss ThredUp’s fourth quarter and full year 2023 financial results. With me are James Reinhart, ThredUp CEO and Co-Founder; and Sean Sobers, CFO. We posted our press release and supplemental financial information on our Investor Relations website at ir.ThredUp.com. This call is being webcast on our IR website, and a replay of this call will be available shortly.
Before we begin, I’d like to remind you that we will make forward-looking statements during the course of this call, including, but not limited to, statements regarding our earnings guidance for the first fiscal quarter and full year of 2024, future financial performance, including our goal of reaching adjusted EBITDA breakeven on a consolidated annual basis, our expectations for capital expenditures and other developments in our business in the U.S. and Europe; market demand, growth prospects, business strategies and plans and our ability to cost effectively attract new buyers. Words such as anticipate, believe, estimate and expect as well as similar expressions are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, involve known and unknown risks and uncertainties, including our ability to effectively deploy new and evolving technologies, such as artificial intelligence and machine learning in our offerings and the effects of inflation, increased interest rates, changing consumer habits, climate change and general global economic uncertainty.
Our actual results could differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. You can find more information about these risks, uncertainties and other factors that could affect our operating results in our SEC filings, earnings press release and supplemental information posted on our IR website. Any forward-looking statements that we make on this call are based on assumptions as of today, and we undertake no obligation to update these statements as a result of new information or future events.