RENT - Earnings announcements

Revenue Grew to $89.9M, up 29.2% YoY, add-on revenue increased 70.4% YoY Reaffirms FY26 Guidance for Revenue, Adjusted EBITDA and Rental Product Acquired Welcomes Teri Bariquit as Interim CEO and President, Paige Thomas as Chief Commercial Officer, and Dave Loretta as Interim CFO NEW YORK, June 03, 2026 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. ("Rent the Runway" or "RTR") (NASDAQ:RENT), the company transforming the way women get dressed, today reported financial results for the fiscal quarter ended April 30, 2026. First quarter results demonstrate continued momentum across the business, with total revenue of $89.9 million exceeding guidance and up 29.2% YoY. EBITDA margin also surpass

NEW YORK, May 19, 2026 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. ("Rent the Runway") (NASDAQ:RENT) announced today that it expects to release its first quarter 2026 financial results for the quarter ended April 30, 2026 on Wednesday, June 3, 2026, before market open. Rent the Runway will host a conference call and live webcast with the investment community at 8:30 a.m. Eastern Time that same day to discuss its results and to provide a business update. The financial results and live webcast, including presentation materials, will be accessible through the Investor Relations section of Rent the Runway's website at https://investors.renttherunway.com/ under the "Events" section. To access th

NEW YORK, March 24, 2026 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. ("Rent the Runway") (NASDAQ:RENT) announced today that it expects to release its fourth quarter and fiscal year 2025 financial results for the quarter and year ended January 31, 2026 on Tuesday, April 14, 2026, before market open. Rent the Runway will host a conference call and live webcast with the investment community at 8:30 a.m. Eastern Time that same day to discuss its results and to provide a business update. The financial results and live webcast, including presentation materials, will be accessible through the Investor Relations section of Rent the Runway's website at https://investors.renttherunway.com/ under the

Continued Growth of the Business with Q3 Ending Active Subscribers +12.4% YoY; Revenue up 15.4% YOY Closed Transformative Recapitalization Plan, Strengthening the Balance Sheet and Injecting Capital into the Business Expanded our Community-driven Organic Growth Strategy to Drive Brand Awareness and Acquisition NEW YORK, Dec. 12, 2025 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. ("Rent the Runway" or "RTR") (NASDAQ:RENT), the company transforming the way women get dressed, today reported financial results for the fiscal quarter ended October 31, 2025. Rent the Runway is delivering on its multi-year transformation plan, achieving substantial growth on the heels of its largest inventory inve

NEW YORK, Nov. 21, 2025 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. ("Rent the Runway") (NASDAQ:RENT) announced today that it expects to release its third quarter 2025 financial results for the quarter ended October 31, 2025 on Friday, December 12, 2025, before market open. Rent the Runway will host a conference call and live webcast with the investment community at 8:30 a.m. Eastern Time that same day to discuss its results and to provide a business update. The financial results and live webcast, including presentation materials, will be accessible through the Investor Relations section of Rent the Runway's website at https://investors.renttherunway.com/ under the "Events" section. To acce

Announced Transformative Recapitalization Plan to Strengthen the Balance Sheet and Inject Capital into the Business Continued Growth of the Business with July Ending Active Subscribers + 13.4% YoY Achieved Q2 Subscription Net Promoter Score +77% YoY NEW YORK, Sept. 11, 2025 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. ("Rent the Runway" or "RTR") (NASDAQ:RENT), the company transforming the way women get dressed, today reported financial results for the fiscal quarter ended July 31, 2025. With a transformative recapitalization plan in motion, market conditions that are increasing interest in clothing rental, and a bold inventory strategy that continues to make its way to customers, Rent th

NEW YORK, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. ("Rent the Runway") (NASDAQ:RENT) announced today that it expects to release its second quarter 2025 financial results for the quarter ended July 31, 2025 on Thursday, September 11, 2025, after market close. Rent the Runway will host a conference call and live webcast with the investment community at 4:30 p.m. Eastern Time that same day to discuss its results and to provide a business update. The financial results and live webcast, including presentation materials, will be accessible through the Investor Relations section of Rent the Runway's website at https://investors.renttherunway.com/ under the "Events" section. To acc

Strongest Quarterly Customer Retention in Four Years Return to Subscriber Growth with over 147,000 Active Subscribers, the Highest Quarter Ending Active Subscriber Count in Company History New Inventory Strategy Drove Significant Improvements in Subscriber Count and Customer Retention NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. ("Rent the Runway" or "RTR") (NASDAQ:RENT), the company transforming the way women get dressed by pioneering the world's first Closet in the Cloud, today reported financial results for the fiscal quarter ended April 30, 2025. Rent the Runway is in the midst of a multi-year corporate strategy transformation, and we believe that the changes w

NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. ("Rent the Runway") (NASDAQ:RENT) announced today that it expects to release its first quarter 2025 financial results for the quarter ended April 30, 2025 on Thursday, June 5, 2025, after market close. Rent the Runway will host a conference call and live webcast with the investment community at 4:30 p.m. Eastern Time that same day to discuss its results and to provide a business update. The financial results and live webcast, including presentation materials, will be accessible through the Investor Relations section of Rent the Runway's website at https://investors.renttherunway.com/ under the "Events" section. To access the

NEW YORK, March 25, 2025 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. ("Rent the Runway") (NASDAQ:RENT) announced today that it expects to release its fourth quarter and fiscal year 2024 financial results for the quarter and year ended January 31, 2025 on Tuesday, April 15, 2025, before market open. Rent the Runway will host a conference call and live webcast with the investment community at 8:30 a.m. Eastern Time that same day to discuss its results and to provide a business update. The financial results and live webcast, including presentation materials, will be accessible through the Investor Relations section of Rent the Runway's website at https://investors.renttherunway.com/ under the

NEW YORK, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. ("Rent the Runway") (NASDAQ:RENT) announced today that it expects to release its third quarter 2024 financial results for the quarter ended October 31, 2024 on Monday, December 9, 2024, before market open. Rent the Runway will host a conference call and live webcast with the investment community at 8:30 a.m. Eastern Time that same day to discuss its results and to provide a business update. The financial results and live webcast, including presentation materials, will be accessible through the Investor Relations section of Rent the Runway's website at https://investors.renttherunway.com/ under the "Events" section. To acces

Exceeded Revenue and Adjusted EBITDA Guidance for Q2 2024. Continued Improvement in Business Momentum in Q2 2024. Record Low Cash Consumption in 1H 2024. Raised FY24 Revenue Guidance Underscores Confidence in Business Trajectory. Reiterates Expectation for Free Cash Flow Breakeven in FY 2024. NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. ("Rent the Runway" or "RTR") (NASDAQ:RENT), transforming the way women get dressed by pioneering the world's first Closet in the Cloud, today reported financial results for the fiscal quarter ended July 31, 2024. Fiscal Second Quarter and Recent Business Highlights Improved free cash flow consumption of $6M for

NEW YORK, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. ("Rent the Runway") (NASDAQ:RENT) announced today that it expects to release its second quarter 2024 financial results for the quarter ended July 31, 2024 on Thursday, September 5, 2024, after market close. Rent the Runway will host a conference call and live webcast with the investment community at 4:30 p.m. Eastern Time that same day to discuss its results and to provide a business update. The financial results and live webcast, including presentation materials, will be accessible through the Investor Relations section of Rent the Runway's website at https://investors.renttherunway.com/ under the "Events" section. To acce

Exceeded Revenue and Adjusted EBITDA Guidance for Q1 2024. Improved Business Momentum in Q1 2024. Record Low Quarterly Cash Consumption in Q1 2024. Reiterates Expectation for Revenue Growth and Free Cash Flow Breakeven in FY 2024. NEW YORK, June 06, 2024 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. ("Rent the Runway" or "RTR") (NASDAQ:RENT), the world's first and largest shared designer closet platform, today reported financial results for the fiscal quarter ended April 30, 2024. Fiscal First Quarter and Recent Business Highlights Record low quarterly free cash flow consumption of less than $2M, which is $11M lower than Q1 2023 and $27M lower than Q1 2022. We are reiterating ou

NEW YORK, May 16, 2024 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. ("Rent the Runway") (NASDAQ:RENT) announced today that it expects to release its first quarter 2024 financial results for the quarter ended April 30, 2024 on Thursday, June 6, 2024, after market close. Rent the Runway will host a conference call and live webcast with the investment community at 4:30 p.m. Eastern Time that same day to discuss its results and to provide a business update. The financial results and live webcast, including presentation materials, will be accessible through the Investor Relations section of Rent the Runway's website at https://investors.renttherunway.com/ under the "Events" section. To access

NEW YORK, March 20, 2024 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. ("Rent the Runway") (NASDAQ:RENT) announced today that it expects to release its fourth quarter and fiscal year 2023 financial results for the quarter and year ended January 31, 2024, on Wednesday, April 10, 2024, after market close. Rent the Runway will host a conference call and live webcast with the investment community at 4:30 p.m. Eastern Time that same day to discuss its results and to provide a business update. The financial results and live webcast, including presentation materials, will be accessible through the Investor Relations section of Rent the Runway's website at https://investors.renttherunway.com/ under t

NEW YORK, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. ("Rent the Runway") (NASDAQ:RENT) announced today that it expects to release its third quarter 2023 financial results for the quarter ended October 31, 2023 on Tuesday, December 5, 2023, after close of market. Rent the Runway will host a conference call and live webcast with the investment community at 4:30p.m. Eastern Time that same day to discuss its results and to provide a business update. The financial results and live webcast, including presentation materials, will be accessible through the Investor Relations section of Rent the Runway's website at https://investors.renttherunway.com/ under the "Events" section. To

Announces Intention to Accelerate Path to Free Cash Flow Profitability Before Cash Interest to FY24 Q2 Net Loss of $(26.8)M and Net Loss Margin was (35.4)%, vs $(33.9)M and (44.3)% in Q2 2022 Strong Adjusted EBITDA of $7.7M and Adjusted EBITDA Margin of 10.2% in Q2 2023, Up From $1.8M and 2.4% in Q2 2022 Revises Fiscal Year 2023 Guidance NEW YORK, Sept. 08, 2023 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. ("Rent the Runway" or "RTR") (NASDAQ:RENT), the world's first and largest shared designer closet platform, today reported financial results for the fiscal quarter ended July 31, 2023. "For some time, we hav

NEW YORK, Aug. 18, 2023 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. ("Rent the Runway") (NASDAQ:RENT) announced today that it expects to release its second quarter 2023 financial results for the quarter ended July 31, 2023 on Friday, September 8, 2023, before market open. Rent the Runway will host a conference call and live webcast with the investment community at 8:30 a.m. Eastern Time that same day to discuss its results and to provide a business update. The financial results and live webcast, including presentation materials, will be accessible through the Investor Relations section of Rent the Runway's website at https://investors.renttherunway.com/ under the "Events" section. To access

Record High Active Subscriber Count of 145,220 as of April 30, 2023, Growing 15% Quarter Over QuarterRapid Progress on Improving the Customer Experience Significant Momentum on Path to Free Cash Flow Profitability: Q1 2023 Net Loss of $(30.1)M and Net Margin of (40.6)% vs. $(42.5)M and (63.3)% in Q1 2022Strong Adjusted EBITDA of $4.5M and Adjusted EBITDA Margin of 6.1% in Q1 2023, Up From $(8.8)M and (13.1)% in Q1 2022 Revenue of $74.2M in Q1 2023, up 10.6% YoY NEW YORK, June 07, 2023 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. ("Rent the Runway" or "RTR") (NASDAQ:RENT), the world's first and largest shared designer closet platform, today reported financial results for the fiscal

NEW YORK, May 17, 2023 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. ("Rent the Runway") (NASDAQ:RENT) announced today that it expects to release its first quarter 2023 financial results for the quarter ended April 30, 2023 on Wednesday, June 7, 2023, after market close. Rent the Runway will host a conference call and live webcast with the investment community at 4:30 p.m. Eastern Time that same day to discuss its results and to provide a business update. The financial results and live webcast, including presentation materials, will be accessible through the Investor Relations section of Rent the Runway's website at https://investors.renttherunway.com/ under the "Events" section. To access th

NEW YORK, March 22, 2023 (GLOBE NEWSWIRE) --  Rent the Runway, Inc. ("Rent the Runway") (NASDAQ:RENT) announced today that it expects to release its fourth quarter and fiscal year 2022 financial results for the quarter and year ended January 31, 2022 on Wednesday, April 12, 2023, after market close. Rent the Runway will host a conference call and live webcast with the investment community at 4:30 p.m. Eastern Time that same day to discuss its results and to provide a business update. The financial results and live webcast, including presentation materials, will be accessible through the Investor Relations section of Rent the Runway's website at https://investors.renttherunway.com/ und

Achieved record quarterly Revenue: Q3 2022 Revenue up 31% YoY Significant progression in Gross Margin to 41%, up 7 percentage points YoY Q3 2022 Net Loss of $(36.1)M vs. $(87.8)M in Q3 2021; Q3 2022 includes $5.8M of restructuring-related charges Strong Adjusted EBITDA of $6.6M, up from $(5.6)M in Q3 2021 Company raises annual Revenue and Adjusted EBITDA margin outlook NEW YORK, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. ("Rent the Runway" or "RTR") (NASDAQ:RENT), the world's first and largest shared designer closet platform, today reported financial results for the fiscal quarter ended October 31, 2022. "I'm pleased to sh

NEW YORK, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. ("Rent the Runway") (NASDAQ:RENT) announced today that it will release its third quarter 2022 financial results for the quarter ended October 31, 2022 on Wednesday, December 7, 2022, after market close. Rent the Runway will host a conference call and live webcast with the investment community at 4:30 p.m. Eastern Time that same day to discuss its results and to provide a business update. The financial results and live webcast, including presentation materials, will be accessible through the Investor Relations section of Rent the Runway's website at https://investors.renttherunway.com/ under the "Events" section. To access t

Achieved record quarterly revenue: Q2 2022 revenue up 64% year-over-year Reduced Q2 2022 net loss by $9M YoY; first quarter of positive Adjusted EBITDA since IPO Significant increase in Gross Margin to 42%, up 3 percentage points Announces Restructuring Plan to Reduce $25-$27 Million of Annual Operating Costs, Pulling Forward Path to Profitability NEW YORK, Sept. 12, 2022 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. ("Rent the Runway" or "RTR") (NASDAQ:RENT), the world's first and largest shared designer closet platform, today reported financial results for the fiscal quarter ended July 31, 2022. "We achieved two significant milestones in Q2, with both record quarterly revenue and positi

NEW YORK, Aug. 25, 2022 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. ("Rent the Runway") (NASDAQ:RENT) announced today that it will release its second quarter 2022 financial results for the quarter ended July 31, 2022 on Monday, September 12, 2022, after market close. Rent the Runway will host a conference call and live webcast with the investment community at 5:00 p.m. Eastern Time that same day to discuss its results and to provide a business update. The financial results and live webcast, including presentation materials, will be accessible through the Investor Relations section of Rent the Runway's website at https://investors.renttherunway.com/ under the "Events" section. To access the

Strong revenue momentum: Q1 2022 revenue up 100% year-over-year Achieves record ending Active Subscriber count Significant increase in Gross Margin to 34%, up 9 percentage points YoY NEW YORK, June 09, 2022 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. ("Rent the Runway") (NASDAQ:RENT), the world's first and largest shared designer closet platform, today reported financial results for the fiscal quarter ended April 30, 2022. "I'm excited to share that we exceeded our Q1 guidance across all key metrics both on the top and bottom lines, growing revenue 100% YoY and gross margin by 9 points YoY. Our strong performance is evidence of our firm position in the broader experience economy, whic

NEW YORK, May 18, 2022 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. ("Rent the Runway") (NASDAQ:RENT) announced today that it will release its first quarter 2022 financial results for the quarter ended April 30, 2022 on Thursday, June 9, 2022, after market close. Rent the Runway will host a conference call and live webcast with the investment community at 4:30 p.m. Eastern Time that same day to discuss its results and to provide a business update. The financial results and live webcast, including presentation materials, will be accessible through the Investor Relations section of Rent the Runway's website at https://investors.renttherunway.com/ under the "Events" section. To access the call

Q4 2021 revenue up 91% year-over-year, showcases business resilienceEnding Active Subscribers up 110% year-over-yearSignificant increase in Gross Margin to 34% in fiscal year 2021, from 10% in fiscal year 2020Strong Q1 2022 Ending Active Subscriber guidance and full year revenue outlook reflect powerful momentum and 2022 events boom NEW YORK, April 13, 2022 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. ("Rent the Runway") (NASDAQ:RENT), the world's first and largest shared designer closet platform, today reported financial results for the fiscal year 2021 ended January 31, 2022. "I'm proud that the strategic initiatives we focused on in 2021 paid off. We improved the overall financial profil

NEW YORK, March 23, 2022 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. ("Rent the Runway") (NASDAQ:RENT) announced today that it will release its financial results for the fourth quarter 2021 and fiscal year ended January 31, 2022 on Wednesday, April 13, 2022, after market close. Rent the Runway will host a conference call and live webcast with the investment community at 5:00 p.m. Eastern Time that same day to discuss its results and to provide a business update. The financial results and live webcast will be accessible through the Investor Relations section of Rent the Runway's website at https://investors.renttherunway.com/ under the "Events" section. To access the call through a conferenc

Active Subscribers up 78% year-over-year, at 87% of pre-COVID active subscriber count Revenue grew 66% year-over-year and 26% quarter-over-quarter Gross Profit margin of 34%, up significantly from 7% in Q3 2020 Majority of rental product acquisition continues through capital-light strategies Paid down approximately one-third of pre-IPO debt balance NEW YORK, Dec. 08, 2021 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. ("Rent the Runway") (NASDAQ:RENT), the world's first and largest shared designer closet platform, today reported financial results for the fiscal third quarter ended October 31, 2021. "We are excited to share our strong third quarter 2021 results and report for the first time as

NEW YORK, Nov. 17, 2021 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. ("Rent the Runway") (NASDAQ:RENT) announced today that it will release its third quarter 2021 financial results for the quarter ending October 31, 2021 on Wednesday, December 8, 2021, after market close. Rent the Runway will host a conference call and live webcast with the investment community at 5:00 p.m. Eastern Time that same day to discuss its results and to provide a business update. The financial results and live webcast will be accessible through the Investor Relations section of Rent the Runway's website at https://investors.renttherunway.com/ under the "Events" section. To access the call through a conference line,