RENT

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 the call through a conference line, dial 1-877-407-3982 (in the U.S.) or 1-201-493-6780 (international callers). A replay of the conference call will be posted shortly after the call and will be available for at least fourteen days. To access the replay, dial 1-844-512-2921 (in the U.S.) or 1-412-317-6671 (international callers). The access code for the replay is 13760590. About Rent the Runway Founded in 2009, Rent the Runway is disrupting the trillion-dollar fashion industry and changing the way women get dressed through the Closet in the Cloud. RTR’s mission has remained the same since its founding: powering women to feel their best every day. Through RTR, customers can subscribe, rent items a-la-carte and shop resale from hundreds of designer brands. The Closet in the Cloud offers a wide assortment of millions of items for every occasion, from evening wear and accessories to ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear and ski wear. RTR has built a two-sided discovery engine, which connects deeply engaged customers and differentiated brand partners on a powerful platform built around its brand, data, logistics and technology. [email protected] Investor [email protected]

Image source: The Motley Fool. Tuesday, April 14, 2026 at 8:30 a.m. ET Chief Executive Officer — Jennifer Hyman Chief Financial Officer — Siddharth Thacker Jennifer Hyman: Thanks, Cara, and thank you, everyone, for joining today. One year ago, we announced that we were making our biggest inventory investment in Rent the Runway history to drive growth. We made a calculated bet based on over 15 years of data and experience that increasing our inventory investment was the strongest lever to unlock customer growth. Today, I am proud to report that this strategy has been successful. In fiscal year 2025, we grew our active subscriber base by 20%, ending the year with 144,000 subscribers. Our goal -- our growth was primarily a result of our inventory strategy and a return to customer obsession throughout the company, marked by a year of continuous transformation of our customer experiences and marketing to make Rent the Runway easier to use, more personalized and more centered around our community. Our customers have responded with record levels of enthusiasm. Our subscription Net Promoter Score grew 39% versus last year and has more than tripled since 2022. We also improved the health of the Rent the Runway model by completing a strategic recapitalization that reduced our total debt from approximately $319 million to $120 million, strengthening our balance sheet and adding investors around the table who are focused on equity value creation. We believe that the data is clear. More choice leads to higher customer loyalty. Inventory-related cancellations dropped 7.6% year-over-year in Q4, and our engagement metrics from app visits to hearts per subscriber have accelerated throughout the year. Today, our average subscriber visits our app 15 times per month, an almost 50% increase over 2024 levels. As we enter fiscal year 2026, we remain committed to our inventory focused strategy and are continuing to make large investments in inventory, but are taking it to the next level. If 2025 was about inventory acquisition, 2026 is about discovery. We are working to move beyond the traditional e-commerce grid and leveraging AI technology to deliver the closet of her dreams with more choice and flexibility than ever before. We are also embarking on a new set of revenue-generating strategies to expand the services we bring to our customers and brand partners, including piloting a...

This article first appeared on GuruFocus. Release Date: April 14, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Rent the Runway Inc (NASDAQ:RENT) reported a 20% growth in its active subscriber base, ending the year with 144,000 subscribers. The company's subscription Net Promoter Score increased by 39% year-over-year, indicating improved customer satisfaction. Rent the Runway Inc (NASDAQ:RENT) successfully reduced its total debt from approximately $319 million to $120 million, strengthening its balance sheet. The company is leveraging AI technology to enhance customer experience and improve backend operations, aiming for higher productivity and margin efficiencies. Rent the Runway Inc (NASDAQ:RENT) is expanding its revenue streams by piloting an online marketplace and launching B2B dry cleaning services, among other initiatives. Free cash flow declined significantly to negative $46 million in fiscal year 2025 from negative $7.2 million in fiscal year 2024 due to front-loaded inventory investments. Adjusted EBITDA margins for Q1 2026 are expected to be between negative 5% and negative 7%, reflecting higher revenue share expenses. The company anticipates a deceleration in year-over-year ending active subscriber growth in subsequent quarters. Fiscal year 2026 adjusted EBITDA is expected to be negatively impacted by a higher mix of revenue share units, leading to increased expenses. The macroeconomic and geopolitical environment remains uncertain, posing potential risks to transportation costs, fuel surcharges, and consumer confidence. Warning! GuruFocus has detected 5 Warning Signs with RENT. Is RENT fairly valued? Test your thesis with our free DCF calculator. Q: Can you elaborate on the success of your inventory strategy in fiscal year 2025? A: Jennifer Hyman, CEO, explained that the inventory strategy led to a 20% growth in the active subscriber base, ending the year with 144,000 subscribers. This growth was driven by increased inventory investment, which improved customer experiences and loyalty, as evidenced by a 39% increase in the Net Promoter Score. The strategy also reduced inventory-related cancellations by 7.6% year-over-year in Q4. Q: What are the key components of your 2026 inventory plan? A: Jennifer Hyman, CEO, outlined three pillars: opportunistic procurement in a challenging retail env...

The company successfully executed its largest-ever inventory investment strategy in fiscal 2025, which management identifies as the primary lever for a 20% growth in active subscribers. Operational focus is shifting from inventory acquisition to 'discovery,' leveraging AI to move beyond traditional e-commerce grids toward curated aesthetics and complete looks. Customer engagement metrics accelerated throughout the year, with average subscribers visiting the app 15 times per month, a nearly 50% increase attributed to improved inventory choice. A strategic recapitalization reduced total debt from approximately $319 million to $120 million, intended to stabilize the balance sheet and align with equity-focused investors. Management is reallocating a significant portion of the paid marketing budget toward organic, community-led channels like the Muse and City Ambassador programs to drive 'bold authenticity.' Inventory-related cancellations decreased by 7.6% year-over-year in Q4, validating the thesis that higher inventory depth directly improves customer loyalty and retention. Fiscal 2026 guidance assumes double-digit revenue growth, though year-over-year comparisons will face headwinds in the second half as the impact of the August 2025 price increase is lapped. The company expects significantly improved free cash flow trends in 2026 as it reduces capital expenditures for rental products by approximately $25 million to $30 million compared to the prior year. Strategic expansion into high-margin revenue streams is planned, including a B2B dry cleaning service, an online marketplace for essentials, and an expanded advertising media business. AI integration is expected to drive margin efficiencies through computer vision for quality control and machine learning for dynamic pricing to maximize unit yield. Management anticipates a shift in inventory mix toward the 'Share by RTR' revenue-share model, which lowers upfront capital requirements but will increase variable expenses and impact adjusted EBITDA margins. Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Q4 2025 adjusted EBITDA margins were positively impacted by 2.1% due to a one-time reversal of incentive compensation accruals. Free cash flow declined to negative $46 million in fiscal 2025 from negative $7.2...

Big inventory bet paid off: Rent the Runway's "biggest inventory investment" helped end fiscal 2025 with about 144,000 subscribers (up ~20% YoY), higher engagement (app visits ~+50%) and improved NPS, while inventory-related cancellations fell 7.6%. Balance sheet and profit dynamics: A strategic recapitalization cut debt from roughly $319M to $120M, Q4 revenue rose 20% to $91.7M with gross margin improving to 38.6% and adjusted EBITDA of $18.3M, but FY25 free cash flow was negative $46M due to front‑loaded inventory; management guides to double‑digit revenue growth for 2026 and adjusted EBITDA of 4–7% while cutting rental product acquisition to $45–50M. Shift to discovery and revenue diversification in 2026: Management will prioritize AI-driven discovery (outfit grouping, conversational search, richer PDPs), expand community‑led marketing (Muse, City Ambassadors), and pilot new revenue streams like an online marketplace, advertising partnerships and B2B logistics services. Interested in Rent the Runway, Inc.? Here are five stocks we like better. 3 High-Risk, High-Reward Micro-Cap Stocks You Shouldn't Ignore Rent the Runway (NASDAQ:RENT) executives used the company’s fiscal fourth-quarter 2025 earnings call to highlight a return to subscriber growth following what CEO Jennifer Hyman described as the company’s “biggest inventory investment” in its history, alongside a balance sheet recapitalization and a new slate of initiatives aimed at improving product discovery and diversifying revenue. Hyman said the company made a “calculated bet” that increasing inventory would be the strongest lever to unlock customer growth, and she reported that the strategy “has been successful.” Rent the Runway ended fiscal 2025 with 144,000 subscribers, representing 20% active subscriber growth for the year, according to Hyman. → 5 Space Stocks Already Climbing Ahead of the SpaceX IPO Analysts See 180% Upside for Rent the Runway: Should You Buy? She attributed the growth “primarily” to the inventory strategy and a renewed focus on customer experience and marketing, designed to make the service “easier to use, more personalized, and more centered around our community.” Hyman said customers responded with “record levels of enthusiasm,” citing a subscription Net Promoter Score that increased 39% versus last year and has “more than tripled since 2022.” Hyman also pointed to metrics in...

Strong Finish to FY25 with Q4 Ending Active Subscribers +20.1% YoY; Revenue up 20% YoY Highest Quarterly Revenue in Company History at $91.7M RTR Exits FY25 with Transformed Balance Sheet, Improved Inventory Position, Robust Product Roadmap, and Higher Customer Satisfaction. Expects Double-Digit Revenue Growth in FY26 Led By Continued Product and Inventory Experience Improvements NEW YORK, April 14, 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 and fiscal year 2025 ended January 31, 2026. Recent Business Highlights Drove Significant Growth in Active Subscriber Base: Ended Fiscal Year 2025 with 143,796 active subscribers, representing a 20% year-over-year increase. This growth was supported by making our largest ever inventory investment last year, which served as the primary lever to driving substantial improvements in subscriber loyalty. Record levels of Customer Satisfaction: Achieved 39% year-over-year growth in Subscription Net Promoter Score for fiscal year 2025, which has more than tripled since 2022 Achieved Significant Success in Subscription Add-ons: Q4 2025 add-on revenue grew by 67% year-over-year, increasing from 40% in Q3, 24% in Q2 and 4% in Q1. We’re aiming to expand on this momentum in 2026 to drive higher revenue per subscriber by expanding membership flexibility, giving her more freedom to get the inventory she wants when she wants it and higher cross-sell across our offerings. Launched RTR Marketplace Pilot: In March 2026, we began testing a highly curated purchase destination for wardrobe essentials—including shoes, beauty, and basics—to a subset of loyal subscribers with the goal to drive order "attach rates." According to a 2025 Customer Survey, 86% of respondents expressed interest in purchasing complementary items from Rent the Runway. Search and Browsing Experience: We’ve recently launched a series of improvements that make it easier for our customers to find styles to rent. We have a new search algorithm that we launched in February 2026 that has performed approximately 10% better in subscription conversion rate; in December 2025, we launched a new AI-driven similar styles recommendation across our product detail pages (PDPs) and introduced Quick Hearting, a new way of browsing tha...

This article first appeared on GuruFocus. Rent the Runway Inc (NASDAQ:RENT) is set to release its Q4 2025 earnings on Apr 14, 2026. The consensus estimate for Q4 2025 revenue is $76.60 million, and the earnings are expected to come in at -$5.31 per share. The full year 2025's revenue is expected to be $294.60 million and the earnings are expected to be -$25.42 per share. More detailed estimate data can be found on the Forecast page. Warning! GuruFocus has detected 5 Warning Signs with RENT. Is RENT fairly valued? Test your thesis with our free DCF calculator. Over the past 90 days, revenue estimates for Rent the Runway Inc (NASDAQ:RENT) have declined from $319.80 million to $294.60 million for the full year 2025, and from $315.30 million to $302.60 million for 2026. Similarly, earnings estimates have decreased from -$19.28 per share to -$25.42 per share for the full year 2025, and from -$20.31 per share to -$26.06 per share for 2026. In the previous quarter ending January 31, 2025, Rent the Runway Inc's (NASDAQ:RENT) actual revenue was $76.40 million, which missed analysts' revenue expectations of $77.60 million by -1.55%. Rent the Runway Inc's (NASDAQ:RENT) actual earnings were -$3.44 per share, which missed analysts' earnings expectations of -$3.28 per share by -4.88%. After releasing the results, Rent the Runway Inc (NASDAQ:RENT) was flat in one day. Based on the one-year price targets offered by 1 analyst, the average target price for Rent the Runway Inc (NASDAQ:RENT) is $40.00, with a high estimate of $40.00 and a low estimate of $40.00. The average target implies an upside of 609.22% from the current price of $5.64. Based on GuruFocus estimates, the estimated GF Value for Rent the Runway Inc (NASDAQ:RENT) in one year is $0, suggesting a downside of -100% from the current price of $5.64. Based on the consensus recommendation from 1 brokerage firm, Rent the Runway Inc's (NASDAQ:RENT) average brokerage recommendation is currently 3.0, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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 “Events” section. To access the call through a conference line, dial 1-877-407-3982 (in the U.S.) or 1-201-493-6780 (international callers). A replay of the conference call will be posted shortly after the call and will be available for at least fourteen days. To access the replay, dial 1-844-512-2921 (in the U.S.) or 1-412-317-6671 (international callers). The access code for the replay is 13759147. About Rent the Runway Founded in 2009, Rent the Runway is disrupting the trillion-dollar fashion industry and changing the way women get dressed through the Closet in the Cloud. RTR’s mission has remained the same since its founding: powering women to feel their best every day. Through RTR, customers can subscribe, rent items a-la-carte and shop resale from hundreds of designer brands. The Closet in the Cloud offers a wide assortment of millions of items for every occasion, from evening wear and accessories to ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear and ski wear. RTR has built a two-sided discovery engine, which connects deeply engaged customers and differentiated brand partners on a powerful platform built around its brand, data, logistics and technology. Under CEO and Co-Founder Jennifer Hyman’s leadership, RTR has been named to CNBC’s “Disruptor 50” five times in ten years, and has been placed on Fast Company’s Most Innovative Companies list four times, while Hyman herself has been named to the “TIME 100: Most Influential People in the World" and as one of People Magazine’s “Women Changing the World." Contacts Press [email protected] Investor Relations [email protected]

Image source: The Motley Fool. Thursday, September 5, 2024 at 4:30 p.m. ET Chief Executive Officer — Jennifer Hyman Chief Financial Officer — Siddharth Thacker Need a quote from a Motley Fool analyst? Email [email protected] Jennifer Hyman: Thanks, Cara, and thank you everyone for joining. On our last two earnings calls, I highlighted our two big goals for 2024, getting to free cash flow break-even and returning to growth. I'm excited to report results for Q2 that beat our expectations. And as a result, we're raising revenue guidance for the full year. What you're seeing in our results is momentum. We've dramatically simplified our internal goals and organizational structure so that we can aggressively pursue the biggest opportunity areas for our business. We believe that the business is demonstrating that it's at an exciting inflection where continued growth and free cash flow break-even this year are squarely within our reach. Q2 '24 revenue was $78.9 million, up 4.2% year-over-year, exceeding the high end of our $76 million to $78 million guidance. Adjusted EBITDA was $13.7 million, or 17.4% of revenue, our ninth consecutive quarter of positive EBITDA and exceeding the high end of our 14% to 15% margin guidance. Moving on to Q3, we are guiding to an acceleration in revenue growth with Q3 revenue expected to increase 3% to 6% year-over-year. Finally, we are reiterating our goal to be free cash flow break-even in full year '24. One of the areas of our business where we believe that the momentum is most palpable is in our special event rental business reserve. The reserve business is what we launched the company with 15 years ago. It's a simple value proposition. Every woman has to buy outfits for events, a wedding, a prom, a gala, a holiday party, that she rarely wears again. So we give her the ability to rent dresses and accessories a la carte for around 10% to 15% of the retail price. The addressable market for event rentals is large, and we are still the only company of scale who's operating in this space. As we've discussed on past calls, reserve revenue has been declining for a few years, and we've been focused on reinvigorating it. In June, we dedicated a new cross-functional pod under new leadership to focus on building reserve over the next few years. By July, orders were up around 10% year-over-year, and in August, orders have been up around 20% year-ove...

Image source: The Motley Fool. Tuesday, April 15, 2025 at 8:30 a.m. ET Chief Executive Officer — Jennifer Hyman Chief Financial Officer — Siddharth Thacker Head of Investor Relations — Cara Schembri Need a quote from a Motley Fool analyst? Email [email protected] Cara Schembri: Good morning, everyone, and thanks for joining us today. During this call, we will make references to our Q4 and fiscal year 2024 earnings presentation, which can be found in the Events & Presentation section of our Investor Relations website. Before we begin, we would like to remind you that this call will include forward-looking statements. These statements include guidance and underlying assumptions for the first quarter of 2025 and fiscal year 2025 and statements regarding the impact of our business strategies and plans, our ability to drive subscriber growth and customer loyalty in a cost-efficient manner, and our planned increases in inventory. These statements are subject to various risks, uncertainties, and assumptions that could cause our actual results to differ materially. These risks, uncertainties, and assumptions are detailed in today's press release, as well as our filings with the SEC, including our Form 10-K that we plan to file later today. We undertake no obligation to update any forward-looking statements or information except as required by law. During this call, we will also reference certain non-GAAP financial information. The presentation of this non-GAAP financial information is not intended to be considered in isolation or as a substitute for financial information presented in accordance with GAAP. Reconciliations of GAAP to non-GAAP measures can be found in our press release, slide presentation posted on our investor website and in our SEC filings. And with that, I'll turn it over to Jen. Jennifer Hyman: Thank you, Cara, and thank you to everyone for joining today. In Q4, we officially marked 15 years since we founded Rent the Runway to disrupt the retail and fashion industry. In those 15 years, we have not only created a new market category, inspiring competitors and making clothing rental mainstream, but we have built a loyal following of women who we empower every day through our platform. As we've shared over the last few quarters, we've been executing against a multi-year transformation plan. And after several years of increased financial discipline, we belie...

This article first appeared on GuruFocus. Release Date: December 12, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Rent the Runway Inc (NASDAQ:RENT) successfully reduced its total debt from approximately $319 million to $120 million, extending the maturity to 2029. The company achieved a 12% year-over-year growth in active subscribers by the end of Q3 fiscal year 2025. Revenue per subscriber increased, driven by a price increase in August 2025 and improved customer engagement. The company reported a 17% year-over-year increase in the subscription add-on rate in Q3 2025. Rent the Runway Inc (NASDAQ:RENT) launched several new features to enhance customer experience, including a personalized homepage and better onboarding for new subscribers. Gross margins decreased to 29.6% in Q3 2025 from 34.7% in Q3 2024, primarily due to higher revenue share costs. Adjusted EBITDA for Q3 2025 was $4.3 million, down from $9.3 million in Q3 2024. Free cash flow was negative $13.6 million in Q3 2025, compared to negative $3.4 million in Q3 2024. The company experienced higher operating expenses, primarily due to increased employee expenses. Rent the Runway Inc (NASDAQ:RENT) expects free cash flow to be lower than negative $40 million for fiscal year 2025, mainly due to costs associated with the recapitalization transaction. Warning! GuruFocus has detected 6 Warning Signs with RENT. Is RENT fairly valued? Test your thesis with our free DCF calculator. Q: Can you elaborate on the strategic recapitalization and its impact on Rent the Runway's financial position? A: Jennifer Hyman, CEO, explained that the strategic recapitalization significantly strengthened the company's balance sheet by reducing total debt from approximately $319 million to $120 million and extending the maturity to 2029. This move, supported by private equity firms Nexus and STORY3, provides additional capital and expertise to support growth initiatives. Q: How has the recent price increase affected subscriber growth and retention? A: Jennifer Hyman, CEO, noted that despite the price increase in August, subscriber growth and retention have improved. The company saw a 12% year-over-year growth in active subscribers in Q3, and inventory-related cancellations decreased by nearly 30% compared to the previous year. Customers responded positively due to enha...