Circular fashion spending up 14.2% this year. The RealReal reported Q3 revenue growth of 17%. Thredup revenue rose 34%, showing sector-wide strength. Younger shoppers and holiday budget pressure are boosting resale demand.
The RealReal reported a smaller than expected loss in Q3. Sales reached $173.57 million, beating estimates by $3.06 million. Fourth-quarter sales guidance raised to $188-$191 million, above estimates. Full-year sales forecast increased to $687-$690 million. Shares surged 34.3% after earnings report and positive analyst upgrades.