Rent the Runway stock surges 170% on cheery 2024 outlook
- Rent the Runway shares surged 170% on the fashion rental company's optimistic 2024 outlook. For fiscal 2024, the company expects to achieve breakeven cashflow on a full-year basis.
- 04/11/2024
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Rent the Runway stock is soaring but significant risks remain
- Rent the Runway (NASDAQ: RENT) stock price went parabolic on Thursday after the highly-embattled company published encouraging earnings and narrowed its loss. It surged by over 36% on Wednesday and by over 30% in the pre-market, pushing its total market cap to near $30 million.
- 04/11/2024
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Why Is Rent the Runway (RENT) Stock Up 30% Today?
- Rent the Runway (NASDAQ: RENT ) stock is on the rise Thursday following the release of the shared designer closet company's Q4 earnings report. Rent the Runway starts its Q4 earnings report with diluted earnings per share of -$7.02.
- 04/11/2024
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Rent the Runway, Inc. (RENT) Q4 2023 Earnings Call Transcript
- Rent the Runway, Inc. (NASDAQ:RENT ) Q4 2023 Earnings Conference Call April 10, 2024 4:30 PM ET Company Participants Cara Schembri - Chief Legal & Administrative Officer Jennifer Hyman - Co-Founder, President, CEO & Chairman Siddharth Thacker - Chief Financial Officer Conference Call Participants Andrew Boone - JMP Securities Alexandra Steiger - The Goldman Sachs Group Operator Welcome to Rent the Runway fourth quarter and fiscal year 2023 earnings results conference call. At this time all participants are in a listen only mode.
- 04/11/2024
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Rent the Runway, Inc. (RENT) Reports Q4 Loss, Tops Revenue Estimates
- Rent the Runway, Inc. (RENT) came out with a quarterly loss of $5.83 per share versus the Zacks Consensus Estimate of a loss of $5.80. This compares to loss of $7.60 per share a year ago.
- 04/10/2024
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Rent the Runway Drives Loyalty Boost With AI Search Upgrades
- As consumers demand more frictionless experiences from their eCommerce merchants, Rent the Runway is seeing its digital rethink drive higher retention.
- 04/10/2024
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Rent the Runway sees ‘milestone' 2024 and breakeven cash flow, as stock soars
- After several years of financial struggles, weaker clothing demand and a big drop in its stock price, clothing-rental platform Rent the Runway Inc. on Wednesday said it expected breakeven free cash flow this year, following cost cuts and signs of a revival in shoppers' enthusiasm.
- 04/10/2024
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Rent the Runway Q4 earnings: ‘we are well positioned to drive growth'
- Rent the Runway is up nearly 25% in extended hours on Wednesday after beating revenue estimates for its fiscal fourth quarter. Rent the Runway's guidance for the future Investors are cheering also because the management issued an exciting guidance for the future.
- 04/10/2024
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Rent the Runway, Inc. Announces Fourth Quarter and Full Year 2023 Results
- Exceeded Revenue and Adjusted EBITDA Guidance for Q4 2023 Expect Revenue Growth in FY 2024 through Focus on Marketing, Product Innovation and Strong Customer Retention. Committed to Achieving Free Cash Flow Breakeven for FY 2024.
- 04/10/2024
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From unicorns to near zero: RENT, Allbirds, Vroom, and BuzzFeed
- Many companies that were once unicorns are struggling to survive as interest rates remain at an elevated level and as growth slows. Some former unicorns like WeWork, Hopin, Olive AI, and Convoy have all filed for bankruptcy.
- 04/04/2024
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RENT Stock Alert: Rent the Runway Preps for a 1-for-20 Reverse Stock Split
- Rent the Runway (NASDAQ: RENT ) stock is on the move Wednesday as the shared designer closet company prepares for a reverse split of its shares. Rent the Runway will undergo a one-for-20 reverse stock split after markets clsoe on April 2.
- 03/27/2024
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Rent the Runway to Report Fourth Quarter and Fiscal Year 2023 Results on April 10, 2024
- 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.
- 03/20/2024
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Rent The Runway Pledges $1M to Celebrate Women's Career Wins
- Rent the Runway, a platform where customers can subscribe, rent items a-la-carte and shop resale from hundreds of designer brands, is gifting $1 million in free subscriptions throughout this Women's History Month to women who have recently reached a new milestone in their careers such as a promotion, new job, successful launch or new campaign. Rent the Runway CEO Jennifer Hyman joins Ed Ludlow on "Bloomberg Technology.
- 03/12/2024
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Lean and Mean: 7 Tech Stocks to Buy Amid Sector Downsizing
- While no one wants to be on the business end of a downsizing, for investors – particularly folks interested in tech stocks – the matter presents a possible nuanced opportunity. To be sure, when the pink slips fly, there's usually a reason for it.
- 02/07/2024
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Why You Should Bet on 5 Top-Ranked Stocks With Rising P/E
- Tap five stocks with increasing P/E ratios to try out an out-of-the-box approach. These stocks include Lancaster Colony (LANC), On Holding (ONON), Rent the Runway (RENT), 5E Advanced Materials (FEAM) and Motus GI (MOTS).
- 02/05/2024
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Rent the Runway, Inc. (RENT) Upgraded to Buy: What Does It Mean for the Stock?
- Rent the Runway, Inc. (RENT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
- 01/23/2024
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Is Rent the Runway Struggling or Strategically Recalibrating?
- Rent the Runway, a fashion rental company, has undergone adjustments, including a 10% reduction in its corporate workforce. However, the question arises: Is this indicative of a struggling company, or is it merely a recalibration?
- 01/11/2024
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Rent The Runway Cuts 10% Of Workforce And COO Exits
- Rent the Runway announced that it is eliminating 37 corporate positions and COO Anushka Salinas will leave the company on January 31. Her resignation comes on the heels of a company restructuring.
- 01/11/2024
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7 Tech Stocks Destined to Follow in Nvidia's Footsteps
- Following the remarkable ascent of Nvidia (NASDAQ: NVDA ) last year, it's only natural for investors to consider the top tech stocks to buy for 2024. Yeah, I suppose that NVDA could again be a winner.
- 01/10/2024
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Rent the Runway Cuts 10% of Corporate Staff
- With subscriber growth slowing, fashion rental firm Rent the Runway has begun cutting staff. The company plans to let go of about 10% of its corporate employees, it said in a Tuesday (Jan. 9) regulatory filing.
- 01/09/2024
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Rent the Runway Layoffs 2024: What to Know About the Latest RENT Job Cuts
- Rent the Runway (NASDAQ: RENT ) layoffs are on the way as the shared designer closet company announced plans to cut jobs as part of a restructuring plan. A filing with the Securities and Exchange Commission (SEC) reveals that Rent the Runway is going to cut 10% of its workforce as part of that restructuring.
- 01/09/2024
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Rent the Runway to cut 10% of its workforce
- Rent the Runway Inc (NASDAQ: RENT) is in focus this morning after announcing a major restructuring that includes lowering its headcount. How many employees will be laid off?
- 01/09/2024
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Rent the Runway, Inc. (RENT) Q3 2023 Earnings Call Transcript
- Rent the Runway, Inc. (NASDAQ:RENT ) Q3 2023 Earnings Conference Call December 5, 2023 4:30 PM ET Company Participants Cara Schembri - General Counsel Jennifer Hyman - Co-Founder and CEO Sid Thacker - Chief Financial Officer Conference Call Participants Dana Telsey - Telsey Advisory Group Eric Sheridan - Goldman Sachs Juliana Duque - Wells Fargo Nathan Feather - Morgan Stanley Andrew Boone - JMP Security Ross Sandler - Barclays Operator Welcome to Rent the Runway's Third Quarter 2023 Earnings Results Conference Call. At this time, all participants are in a listen-only mode.
- 12/05/2023
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Rent the Runway, Inc. (RENT) Reports Q3 Loss, Lags Revenue Estimates
- Rent the Runway, Inc. (RENT) came out with a quarterly loss of $0.45 per share versus the Zacks Consensus Estimate of a loss of $0.42. This compares to loss of $0.47 per share a year ago.
- 12/05/2023
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Rent the Runway, Inc. (RENT) Reports Q3 Earnings: What Key Metrics Have to Say
- Although the revenue and EPS for Rent the Runway, Inc. (RENT) give a sense of how its business performed in the quarter ended October 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 12/05/2023
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Penny Stocks To Buy Now? 5 Under $5 To Watch This Week
- Penny stocks, defined as those trading under $5 per share, offer unique opportunities. With low prices and the potential for high percentage returns, it's understandable why penny stocks attract interest from new traders.
- 12/05/2023
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Rent the Runway shares strut higher on debt restructuring announcement; 3Q earnings miss estimates
- Rent the Runway stock moved higher after the fashion rental platform provider's announcement that it has restructured its corporate debt overshadowed disappointing third quarter earnings. The company said that under the amended credit facility with its existing lender, it has eliminated interest for the next six fiscal quarters and reduced the minimum liquidity covenant from $50 million to $30 million.
- 12/05/2023
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Clothing rental service Nuuly reaches profitability, beating rival Rent the Runway to the benchmark
- Urban Outfitters' clothing rental service Nuuly has turned its first profit since its launch in 2019, rivaling the performance of competitor Rent the Runway.
- 11/21/2023
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Rent the Runway to Participate in Upcoming Investor Conference
- NEW YORK, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (“Rent the Runway”) (Nasdaq: RENT) announced today that it will participate in the following investor event:
- 11/20/2023
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Rent the Runway to Report Third Quarter 2023 Results on December 5, 2023
- 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.
- 11/15/2023
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How Urban Outfitters' Nuuly is outsmarting Rent the Runway
- Since launching in 2019, Nuuly, a clothing rental subscription service by Urban Outfitters Inc., is growing quickly.
- 11/09/2023
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Is a Giant Short Squeeze Brewing in Rent the Runway (RENT) Stock?
- There are plenty of examples of hard-hit stocks that went public during the peak of market mania in 2021 and have since fallen to more earthly levels. Rent the Runway (NASDAQ: RENT ) is one such company.
- 09/13/2023
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Rent the Runway shares go out of style on revenue miss; slashed guidance
- Rent the Runway shares plummeted more than 22% in pre-market trading on Friday after the designer apparel and accessories rental platform reported a revenue miss for the second quarter and slashed its full-year sales outlook. For the quarter which ended July 31, 2023, the company reported revenue of $75.7 million, down 1% year-over-year from $76.5 million and below the Wall Street estimate of $78.5 million.
- 09/08/2023
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Rent the Runway to Report Second Quarter 2023 Results on September 8, 2023
- 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.
- 08/18/2023
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7 Stocks That Wall Street Analysts Are Loving in June
- Peruse the Internet and you'll eventually see opinions deriding top analyst recommended stocks as nothing but a clown show. Sure enough, many experts do get it wrong because let's face it: if someone could truly predict the market consistently even 70% of the time, they wouldn't be on TV.
- 06/11/2023
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Rent the Runway stock tumbles on disappointing sales forecast
- Yahoo Finance Live's Brad Smith and Julie Hyman check out shares of the subscription fashion service Rent the Runway after it released a sales forecast that disappointed investors. Yahoo Finance Live's Brad Smith and Julie Hyman check out shares of the subscription fashion service Rent the Runway after it released a sales forecast that disappointed investors.
- 06/08/2023
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Rent the Runway stock tumbles despite 1Q beat as investors seek profitability over growth
- Rent The Runway Inc stock tumbled despite the company reporting first-quarter financial results in fiscal year 2023 that beat Wall Street earnings and revenue estimates. For its fiscal 1Q ended April 30, 2023, the New York-based designer wear rental company posted a loss of $0.46 per share on revenue of $74.2 million.
- 06/08/2023
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Rent the Runway, Inc. (RENT) Q1 2023 Earnings Call Transcript
- Rent the Runway, Inc. (NASDAQ:RENT ) Q1 2023 Earnings Conference Call June 7, 2023 4:30 PM ET Company Participants Cara Schembri - General Counsel Jennifer Hyman - Chief Executive Officer and Co-Founder Sid Thacker - Chief Financial Officer Conference Call Participants Rick Patel - Raymond James Andrew Boone - JMP Securities Eric Sheridan - Goldman Sachs Ashley Helgans - Jefferies Nathan Feather - Morgan Stanley Ross Sandler - Barclays Ed Yruma - Piper Sandler Operator Welcome to the Rent the Runway's First Quarter 2023 Earnings Results Conference Call. At this time, all participants are in a listen-only mode.
- 06/07/2023
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Rent the Runway, Inc. (RENT) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
- The headline numbers for Rent the Runway, Inc. (RENT) give insight into how the company performed in the quarter ended April 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 06/07/2023
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Rent the Runway, Inc. (RENT) Reports Q1 Loss, Tops Revenue Estimates
- Rent the Runway, Inc. (RENT) came out with a quarterly loss of $0.46 per share versus the Zacks Consensus Estimate of a loss of $0.48. This compares to loss of $0.67 per share a year ago.
- 06/07/2023
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Rent the Runway to Participate in Upcoming Investor Conferences
- NEW YORK, June 05, 2023 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (“Rent the Runway”) (Nasdaq: RENT) announced today that it will participate in the following investor events:
- 06/05/2023
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Rent the Runway to Participate in Upcoming Investor Conference
- NEW YORK, May 24, 2023 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (“Rent the Runway”) (Nasdaq: RENT) announced today that it will participate in the following investor event:
- 05/24/2023
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Rent the Runway to Report First Quarter 2023 Results on June 7, 2023
- 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.
- 05/17/2023
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Rent the Runway Sees Renewed Traction as Rentals Have a Moment
- Earlier this month, PYMNTS discussed the momentum behind resale as sustainability has come to the forefront for consumers. Now the rental market, while not a new concept, is hoping for the same type of traction.
- 04/13/2023
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Rent the Runway, Inc. (RENT) Q4 2022 Earnings Call Transcript
- Rent the Runway, Inc. (NASDAQ:RENT ) Q4 2022 Earnings Conference Call April 12, 2023 4:30 PM ET Company Participants Jackie Blatt - Vice President, Investor Relations Jennifer Hyman - Co-Founder and Chief Executive Officer Scarlett O'Sullivan - Chief Financial Officer Sid Thacker - Senior Vice President, FP&A Conference Call Participants Ross Sandler - Barclays Kate Fitzsimons - Wells Fargo Nathan Feather - Morgan Stanley Andrew Boone - JMP Securities Edward Yruma - Piper Sandler Rick Patel - Raymond James Operator Welcome to Rent the Runway's Fourth Quarter and Full Year 2022 Earnings Results Conference Call. At this time, all participants are in a listen-only mode.
- 04/12/2023
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Rent the Runway, Inc. (RENT) Reports Q4 Loss, Tops Revenue Estimates
- Rent the Runway, Inc. (RENT) came out with a quarterly loss of $0.38 per share versus the Zacks Consensus Estimate of a loss of $0.51. This compares to loss of $0.62 per share a year ago.
- 04/12/2023
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After-hours movers: Rent the Runway, Harley-Davidson
- Yahoo Finance anchor Seana Smith looks at the stocks making the biggest moves in after-hours trading Wednesday.
- 04/12/2023
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Rent the Runway shares slip despite 4Q earnings beat, record annual revenue
- Rent the Runway shares fell in after-hours trading despite the designer apparel and accessories rental platform posting a fourth quarter earnings beat and record annual revenue for 2022. The company also significantly narrowed its fourth quarter and full-year losses year-over-year.
- 04/12/2023
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Rent the Runway full-year sales forecast comes up short, announces new CFO
- Online fashion marketplace Rent the Runway Inc. RENT on Wednesday reported better-than-expected quarterly results and said it expected a jump in subscriber growth, but it forecast full-year sales that were below expectations. The company also said that Scarlett O'Sullivan would transition out of the CFO role on May 25 and that Sid Thacker, the company's senior vice president of finance, would replace her on that date.
- 04/12/2023
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Rent the Runway's losses narrow as company edges closer to profitability
- Rent the Runway is edging closer to profitability after cutting costs and changing its subscription model to improve its value proposition.
- 04/12/2023
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Resale Is Having Its Moment, but Will Rent the Runway?
- The shift towards sustainability is evident, and consumers have made it clear that the trend is here to stay. As a result, the resale market has experienced significant growth, with third-party platforms such as thredUP, Vestiaire Collective, and Poshmark — as well as brands themselves — launching their own resale marketplaces.
- 04/02/2023
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Best Penny Stocks To Buy Before Next Week? 3 To Watch Now
- Are these penny stocks a buy now? The post Best Penny Stocks To Buy Before Next Week?
- 03/30/2023
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Rent the Runway to Report Fourth Quarter and Fiscal Year 2022 Results on April 12, 2023
- 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.
- 03/22/2023
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Rent the Runway Offers Free Items to Woo ‘Cost-Conscious' Shoppers
- Rent the Runway will begin adding a free item to shipments to attract financially strapped consumers. “The customer is more cost-conscious than she's ever been before,” Jennifer Hyman, CEO of the pre-owned design apparel market, told Bloomberg in an interview Monday (March 6).
- 03/06/2023
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Rent the Runway to Participate in Upcoming Investor Conferences
- NEW YORK, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (“Rent the Runway”) (Nasdaq: RENT) announced today that it will participate in the following investor events:
- 02/27/2023
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Rent the Runway Is Making The Right Moves, But Debt Remains An Issue
- RENT has been making moves to improve its margins and cost structure. However, its high-interest debt is somewhat onerous.
- 02/22/2023
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Investor Insight: Making Sense of the Numbers That Companies Report
- You have to dig to get the full picture of how a company is doing.
- 02/18/2023
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Why Amazon, Costco, and Rent the Runway Are No-Brainer Buys Right Now
- These three stocks could outperform the market this year.
- 02/02/2023
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7 Top Penny Stocks To Watch With Big News This Week
- Penny Stocks With News Light Up The Scanners This Week This week
- 01/31/2023
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Rent the Runway Is Open for Business on Amazon
- Rent the Runway is opening shop on Amazon in a move that's a fit for both brands. In a Thursday (Jan. 12) press release, the “Pre-Loved” used designer apparel marketplace announced that it has opened a digital storefront to bring its offering to a wider audience, namely, that of the largest eCommerce platform.
- 01/12/2023
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Rent the Runway to offer its clothing on Amazon
- Fashion subscription service Rent the Runway has revealed its plans to start offering its clothing on Amazon.
- 01/12/2023
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Rent the Runway's fashion comes to Amazon, including pre-worn items and design exclusives
- Fashion rentals marketplace Rent the Runway was hit hard by the pandemic, as its subscribers were largely renting outfits to wear to in-person events. The company survived, however, by slashing costs, renegotiating supplier contracts, and entering the clothing resale market.
- 01/12/2023
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7 Stocks to Add to Your 10x Watchlist
- There are few things that get growth investors excited like the opportunity to invest in 10x stocks. By definition, these 10x stocks (also referred to as 10 baggers) can add huge gains to your portfolio.
- 12/16/2022
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Is It Too Late to Buy Rent the Runway Stock?
- The apparel rental marketplace could be on the cusp of a comeback.
- 12/10/2022
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Rent the Runway stock surged: What can go wrong?
- Rent the Runway (NASDAQ: RENT) stock price popped by more than 70% on Thursday after the company published strong results. The shares surged to a high of $2.5, the highest level since October 6.
- 12/09/2022
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Rent the Runway stock surges on earnings beat
- Shares of Rent the Runway popped on news of the company's third-quarter earnings results.
- 12/08/2022
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Why Is Rent the Runway (RENT) Stock Rocketing 70% Today?
- One of the hardest-hit enterprises during the post-coronavirus new normal, Rent the Runway (NASDAQ: RENT ) suddenly became the toast of Wall Street on Thursday. Following an impressive sales performance for its third quarter, RENT stock shot up 35% in the morning session before blasting into orbit, gaining 70% in the afternoon hours.
- 12/08/2022
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Rent the runway stock pops on earnings, upbeat outlook
- Yahoo Finance Live anchors Julie Hyman, Brad Smith and Brian Sozzi discuss third-quarter earnings for Rent the Runway.
- 12/08/2022
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Rent the Runway's Revenues Rise as Consumers Embrace Borrowed Fashion
- Rent the Runway achieved record revenue as its bargain-hunting customers sought deals on everyday fashion. The company said its revenue for the quarter rose 31% year-over-year, while its active user base increased, with subscribers beginning to use the fashion rental and retail service for more than just special events.
- 12/08/2022
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Rent the Runway surge, GameStop gains, Jobless claims and more: Thursday's 5 things to watch
- Traders will be watching how shares of Rent the Runway and GameStop react in Thursday's trading following the latest results.
- 12/08/2022
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Rent the Runway, Inc. (RENT) Q3 2022 Earnings Call Transcript
- Rent the Runway, Inc. (NASDAQ:RENT ) Q3 2022 Earnings Conference Call December 7, 2022 4:30 PM ET Company Participants Jackie Blatt - Head, Investor Relations Jennifer Hyman - Co-Founder and CEO Scarlett O'Sullivan - Chief Financial Officer Conference Call Participants Abbey Zvejnieks - Piper Sandler Michael Binetti - Credit Suisse Eric Sheridan - Goldman Sachs Rick Patel - Raymond James Nathan Feather - Morgan Stanley Ashley Helgans - Jefferies Andrew Boone - JMP Securities Operator Welcome to Rent the Runway's Third Quarter 2022 Earnings Results Conference Call. At this time, all participants are in a listen-only mode.
- 12/07/2022
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Rent the Runway, Inc. (RENT) Reports Q3 Loss, Tops Revenue Estimates
- Rent the Runway, Inc. (RENT) delivered earnings and revenue surprises of 16.07% and 5.94%, respectively, for the quarter ended October 2022. Do the numbers hold clues to what lies ahead for the stock?
- 12/07/2022
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Stocks moving in after hours: GameStop, Rent the Runway, C3 AI, Duckhorn
- Yahoo Finance Live anchor Seana Smith highlights Wednesday's biggest stock movers in after-hours trading.
- 12/07/2022
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Rent the Runway stock jumps on sales forecast, as CEO says restructuring is ‘substantially complete'
- Shares of Rent the Runway Inc. raced higher after hours on Wednesday after the online clothing-rental platform boosted its full-year sales outlook and said its restructuring plan was “substantially complete.”
- 12/07/2022
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Rent the Runway reports stronger quarterly sales as shoppers look to save money
- The fashion rental company reported stronger revenue that beat expectations as customers opted to borrow designer clothes instead of buying them.
- 12/07/2022
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Ellevest and Rent the Runway CEOs on initiative to help women-led businesses
- Sallie Krawcheck, Ellevest CEO and former Citigroup CFO, and Jenn Hyman, Rent The Runway co-founder and CEO, join 'Power Lunch' to discuss their new partnership and why women have been disproportionately hurt during the pandemic.
- 11/19/2022
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Rent the Runway to Report Third Quarter 2022 Results on December 7, 2022
- 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.
- 11/17/2022
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Goldman Sachs Has 5 Stocks to Buy Under $10 With 100% to 800% Upside Potential
- While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.
- 10/29/2022
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Rent The Runway Introduces A New Design Collective
- When she wants to rent, she often wants more color and print.
- 10/28/2022
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5 Penny Stocks To Buy According To Analysts Right Now
- Analysts say these are penny stocks to buy. Do you agree?
- 10/25/2022
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Better Buy: Stitch Fix vs. Rent the Runway
- Which beaten-down apparel stock has a better shot at a turnaround?
- 10/14/2022
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Rent the Runway stock tanks after company reveals restructuring plan
- Yahoo Finance Live anchors Julie Hyman and Brad Smith discuss second-quarter earnings for Rent the Runway.
- 09/13/2022
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Rent the Runway analysts stay bullish even as the stock suffers a record drop
- Shares of Rent the Runway were suffering a record plunge Tuesday, but Wall Street analysts still managed to find the positives in the fashion rental company's disappointing earnings report and outlook, and plan to cut nearly one-quarter of the workforce.
- 09/13/2022
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Why Rent the Runway (RENT) Stock Is Plunging Today
- Source: Wirestock Creators / Shutterstock Rent the Runway (NASDAQ: RENT ) stock is falling 30% today after the company announced that it will cut its workforce by 24%. Rent the Runway rents designer fashions for women.
- 09/13/2022
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Restructuring Plan Sinks Rent the Runway Stock
- Shares of Rent the Runway (NASDAQ:RENT) are plummeting this morning, after the e-tail concern announced it will lay off 24% of its corporate workforce amid a decline in subscribers and a shaky macro environment.
- 09/13/2022
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Rent the Runway Links Rising Remote Work With Declining Apparel Subscriptions
- Rent the Runway is reducing its corporate workforce by 24% as part of a restructuring plan after a quarter in which the fashion rental and resale company's number of active subscribers dipped from about 135,000 to 124,000.
- 09/13/2022
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Rent the Runway to Lay Off Nearly a Quarter of Employees. The Stock Plummets.
- The online rental company is looking to cut costs in a bid to boost its path to profitability.
- 09/13/2022
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Rent the Runway shares sink as inflation-weary subscribers hit pause
- Shares of Rent the Runway plunged more than 22% before the bell on Tuesday, as more Americans paused their subscription to the clothing rental firm as they feel the pinch of red-hot inflation.
- 09/13/2022
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Rent the Runway stock plunges after plan to cut 24% of workforce, miss of active subscriber expectations
- Shares of Rent the Runway Inc. RENT, +10.04% plunged 23.1% to pace all premarket decliners Tuesday, after the fashion rental company announced a restructuring that includes cutting 24% of its corporate workforce, reported a miss in fiscal second-quarter subscriptions and provided a downbeat revenue outlook. The company had 958 employees as of Jan. 31.
- 09/13/2022
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Rent the Runway, Inc. (RENT) Q2 2022 Earnings Call Transcript
- Rent the Runway, Inc. (NASDAQ:RENT ) Q2 2022 Earnings Conference Call September 12, 2022 5:00 PM ET Company Participants Janine Stichter - VP, IR Jenn Hyman - Co-Founder, Chairman and CEO Scarlett O'Sullivan - CFO Conference Call Participants Ike Boruchow - Wells Fargo Ashley Helgans - Jefferies Edward Yruma - Piper Sandler Lauren Schenk - Morgan Stanley Ross Sandler - Barclays Michael Binetti - Credit Suisse Rick Patel - Raymond James Andrew Boone - JMP Securities Dana Telsey - Telsey Advisory Group Noah Zatzkin - KeyBanc Operator Greetings, and welcome to the Rent the Runway Second Quarter 2022 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
- 09/12/2022
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Rent the Runway to lay off staff while reducing sales forecast, stock plunges more than 20%
- Online fashion-rental platform Rent the Runway Inc. on Monday announced plans to cut around 24% of corporate staff to cut costs amid “potentially rougher macro conditions,” and shares fell hard in late trading.
- 09/12/2022
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These Are The 10 Biggest Firms Releasing Earnings Next Week
- Given the Fed tightening and the resulting macro uncertainties, many were expecting below par performances, but the second quarter turned out to be better than expected in terms of earnings.
- 09/09/2022
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Rent the Runway to Report Second Quarter 2022 Results on September 12, 2022
- 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.
- 08/25/2022
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Saks Off 5th Partners With Rent The Runway
- Saks Off 5th is joining with Rent the Runway to offer its customers new luxury labels.
- 08/01/2022
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Saks Off Fifth Broadens Its Resale Offerings With Rent The Runway Partnership
- Saks Off Fifth and Rent the Runway have teamed up to deliver the hottest fashion trend - resale.
- 07/28/2022
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Rent the Runway: Automation And Technology Support Growing Margins
- As the company's gross margins increased to 34.3% in 2021, we believe it could continue to increase its margins as it focuses on investments in RFID and at-home pick. Another factor we believe could drive its margin growth higher is its product acquisition shift towards lower-cost non-wholesale channels.
- 07/21/2022
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Rent the Runway on Post-Pandemic Comeback
- Rent the Runway CEO Jennifer Hyman joins Emily Chang to share her business outlook with the booming resale clothing market underway and how much market share Rent the Runway hopes to take. Plus, her view on consumer sentiment, inflation, and the summer trends to watch out for.
- 06/16/2022
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Rent the Runway to Participate in Upcoming Investor Conferences
- NEW YORK, June 15, 2022 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (“Rent the Runway”) (Nasdaq: RENT) announced today that it will participate in the following investor events:
- 06/15/2022
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Rent the Runway doubled its revenue in fiscal Q1
- Rent the Runway reported its financial results for the first quarter on Friday. Here are the notable figures.
- 06/10/2022
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Rent the Runway, Inc. (RENT) CEO Jen Hyman on Q1 2022 Results - Earnings Call Transcript
- Rent the Runway, Inc. (NASDAQ:RENT ) Q1 2022 Earnings Conference Call June 9, 2022 4:30 PM ET Company Participants Janine Stichter - Vice President of Investor Relations Jen Hyman - Co-Founder, Chairman & Chief Executive Officer Scarlett O'Sullivan - Chief Financial Officer Conference Call Participants Lauren Schenk - Morgan Stanley Ike Boruchow - Wells Fargo Ross Sandler - Barclays Eric Sheridan - Goldman Sachs Michael Binetti - Credit Suisse Abbey Zvejnieks - Piper Sandler Andrew Boone - JMP Securities Ashley Helgans - Jefferies Dana Telsey - Telsey Advisory Group Operator Greetings. Welcome to the Rent the Runway First Quarter 2022 Earnings Call.
- 06/10/2022
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Rent the Runway earnings come in better than expected
- Rent the Runway stock pops after beating on first-quarter earnings and reporting over 134,000 active users in the quarter.
- 06/09/2022
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After-Hours Action: Why Rent The Runway Stock Is Surging
- Rent The Runway Inc (NASDAQ: RENT) shares are trading higher in Thursday's after-hours session after the company reported better-than-expected financial results and issued guidance above analyst estimates. Rent The Runway said first-quarter revenue doubled year-over-year to $67.1.
- 06/09/2022
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Don't Just Rent The Runway, Buy It
- Rent the Runway's share price has been pummelled since its IPO in October 2021, dropping 80%. An increase in appetite from the American public to socialise, attend events, and return to work will grow the company's active subscriber base and positively impact their revenue.
- 06/06/2022
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Rent the Runway to Report First Quarter 2022 Results on June 9, 2022
- 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.
- 05/18/2022
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'There's a lot more investor education we have to do,' says Rent the Runway CEO
- Jennifer Hyman, Rent the Runway CEO, joins 'TechCheck' to discuss concerns from investors about Rent the Runway's business, insights in to the company's fundamentals and more.
- 04/18/2022
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Rent the Runway to Present at the Shareholder Equity Conference on April 19, 2022
- NEW YORK, April 14, 2022 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (“Rent the Runway”) (Nasdaq: RENT) announced today that management will present at the Shareholder Equity Conference, held virtually, on Tuesday, April 19, 2022 at 11:30 AM ET.
- 04/14/2022
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Rent the Runway Preps for Surge in Weddings, Events, Back-to-Work Blazers
- After doubling revenues and subscribers last quarter, the nation's leading designer clothing rental platform is aiming to do so again, saying the surge in inflation, combined with a spike in upcoming special events, will drive the value case for not purchasing new outfits. In speaking with investors and analysts after reporting Q4 results that topped Wall […]
- 04/14/2022
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Rent the Runway, Inc. (RENT) CEO Jen Hyman on Q4 2021 Results - Earnings Call Transcript
- Rent the Runway, Inc. (NASDAQ:RENT ) Q4 2021 Earnings Conference Call April 13, 2022 5:00 PM ET Company Participants Janine Stichter - Vice President of Investor Relations Jen Hyman - Co-Founder, Chair & Chief Executive Officer Scarlett O'Sullivan - Chief Financial Officer Conference Call Participants Lauren Schenk - Morgan Stanley Ike Boruchow - Wells Fargo Dan Silverstein - Credit Suisse Eric Sheridan - Goldman Sachs Ross Sandler - Barclays Andrew Boone - JMP Securities Dana Telsey - Telsey Advisory Group Ashley Helgans - Jefferies Operator Welcome to Rent the Runway's Fourth Quarter and Full Year 2021 Results Conference Call. At this time, all participants are in a listen-only mode.
- 04/13/2022
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Rent the Runway gives back gains after Q4 report that tops views
- Shares of Rent the Runway Inc. RENT, +6.72% fell more than 6% in the extended session Wednesday, giving back some of its strong gains from the regular session, after the fashion rental company reported a narrower fourth-quarter loss and revenue that topped Wall Street expectations as well as above-expectation revenue guidance for the year. Rent the Runway said it lost $39.3 million, or 62 cents a share, in the quarter, compared with a loss of $38.8 million, or $3.48 a share, in the fourth quarter of 2020.
- 04/13/2022
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Rent the Runway Shares Slip After Q4 Results, Guides FY22 Revenue Above Expectations
- Rent the Runway Inc (NASDAQ: RENT) reported fourth-quarter revenue growth of 91% year-over-year to $64.1 million, beating the consensus estimate of $63.14 million. The company had 115,240 ending Active Subscribers, an increase of 110% Y/Y.
- 04/13/2022
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Rent the Runway reports quarterly revenue above estimates
- Rent the Runway on Wednesday reported a 91% jump in fourth-quarter revenue, beating Wall Street estimates.
- 04/13/2022
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Rent the Runway to Report Fourth Quarter and Full Year 2021 Results on April 13, 2022
- 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.
- 03/23/2022
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Why Are Rent The Runway Shares Trading Higher Today
- Jefferies analyst Ashley Helgans initiated coverage of Rent The Runway Inc (NASDAQ: RENT) with a Buy rating and $13 price target, implying an 81% upside. Ashley listed low consumer penetration and post-COVID event backlog to support FY22 subscriber and revenue growth of.
- 03/18/2022
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Fresh Bullish Coverage Sends Rent the Runway Surging
- Rent the Runway Inc (NASDAQ:RENT ) is surging today, last seen up 20% at $6.79, after Jefferies initiated coverage of the equity with a "buy" rating and a $13 price target.
- 03/18/2022
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Cramer cautions investors to avoid these 4 retail stocks that recently went public
- "When you see a massive flood of IPOs, that's often a real bad sign," the "Mad Money" host said Friday.
- 03/04/2022
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Rent the Runway co-founder says she's bullish on the metaverse for fashion luxury brands
- Jenny Fleiss, Runway co-founder and Volition Capital Venture Partner, joins 'Closing Bell' to discuss the impact of the Covid-19 on the company's overall performance. She also discusses her thoughts on NFTs and the metaverse.
- 12/29/2021
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Expect quality over quantity in IPO market in 2022, says Manhattan Venture Partners' Santosh Rao
- Santosh Rao of Manhattan Venture Partners joins 'Closing Bell' to recap the year for IPOs. He also discusses why most newly public companies struggled after their debuts, and what's in store for the IPO market in 2022.
- 12/29/2021
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Market trends: CVS stock rises on 2022 guidance, Rent the Runway shares fall on Q3 losses
- Yahoo Finance's Brian Cheung breaks down the latest market trends from CVS, Rent the Runway and Stitch Fix.
- 12/09/2021
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Rent the Runway Eyes Potential Opportunity Beyond Fashion
- In the company's first quarterly report since going public in October, Rent the Runway executives said they see massive opportunities for customer acquisition in the coming years as well as potential to move beyond clothing and accessories, even as subscriber counts remain deflated versus pre-pandemic levels. Jennifer Hyman, co-founder and CEO of Rent the Runway, […]
- 12/09/2021
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Rent the Runway CEO says it is changing how it buys apparel from brands to boost its profits
- Rent the Runway is still losing money, and it's sending investors fleeing.
- 12/09/2021
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Rent the Runway CEO on earnings: We're focused on building long-term business
- Rent the Runway CEO Jennifer Hyman joins CNBC's 'Squawk Box' to break down the fashion company's latest quarterly earnings.
- 12/09/2021
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Rent the Runway, Inc. (RENT) CEO Jennifer Hyman on Q3 2021 Results - Earnings Call Transcript
- Rent the Runway, Inc. (RENT) CEO Jennifer Hyman on Q3 2021 Results - Earnings Call Transcript
- 12/08/2021
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Earnings Results: Rent the Runway stock falls sharply after first public results
- In its first earnings report since its IPO, Rent the Runway Inc. said Wednesday that it added subscribers and grew revenue and gross margins during the third quarter, but its net loss almost doubled.
- 12/08/2021
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Rent the Runway's third-quarter loss widens as sales rise 66%
- Rent the Runway booked a wider fiscal third-quarter loss compared with 2020, as its sales shot up 66% year over year.
- 12/08/2021
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Rent The Runway (RENT): The New Normal For Designer Fashion
- Rent The Runway's niche digital-fueled subscription platform is driving the next-generation of consumer fashion and RENT is lining up as a buy.
- 11/23/2021
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Rent the Runway Stock Pops as Analysts Take Bullish Stance
- The shares of Rent the Runway Inc (NASDAQ:RENT) are popping today, last seen up 8.1% to trade at $17.52.
- 11/22/2021
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Rent The Runway Shares Gain As Analysts See Huge Upside To Price Target
- Several analyst firms initiated coverage on Rent The Runway Inc (NASDAQ:RENT) with a huge upside to the company's price target. Rent the Runway is an e-commerce platform that allows users to rent, subscribe, or buy designer apparel and accessories.
- 11/22/2021
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Buying This IPO Could Be a Big Mistake
- Rent the Runway is looking to invent a cloud-based wardrobe for fashionistas across the world, but its business is already looking shabby.
- 11/09/2021
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Rent the Runway co-founder Jenny Fleiss and Volition Capital's Larry Cheng talk early-stage fundraising on TechCrunch Live
- Rent the Runway is more than 10 years old now and has raised upwards of $500 million, recently filing to IPO at a valuation north of $1 billion. Jenny Fleiss is a co-founder at Rent the Runway and sits on the board of several notable companies, including Shutterfly, Party City and, of course, Rent the […]
- 11/05/2021
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Rent the Runway - I Am Running Away
- Rent the Runway - I Am Running Away
- 11/03/2021
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U.S. IPO Weekly Recap: Semiconductors And Energy Storage Lead A Spooky 14 IPO Week
- The IPO market remained active this past week as 13 IPOs raised $6.3 billion. SPAC activity kept steady with 13 blank check IPOs raising $2.1 billion.
- 10/30/2021
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SCOTT GALLOWAY: My predictions for the retail IPOs from Rent the Runway, Allbirds, and Warby Parker
- Rent the Runway is an impressive business, says Galloway, but it has a long way to go to on profitability and rebuilding its active subscriber base.
- 10/29/2021
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Wall Street Welcomes Rent the Runway With Outsized IPO
- It looks like investors love a fashion-tech unicorn even more than customers love being able to rent Ralph Lauren wrap dresses and Tori Burch.
- 10/27/2021
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Rent the Runway President on Going Public, Future Outlook for Renting Fashion
- Anushka Salinas, president and COO of Rent the Runway, joined Cheddar's "Closing Bell" to talk about bringing the fashion rental company to the public market after debuting on Nasdaq. Salinas also talks about the future outlook for the company after the pandemic shifted the everyday lives of working women.
- 10/27/2021
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Rent the Runway jumps in trading debut
- 'Rent the Runway' CEO joins Yahoo Finance to discuss the clothing subscription service's initial public offering Wednesday. Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: https://youtu.be/Sb179GLPNYE Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: https://youtu.be/gx-OzwHpM9k
- 10/27/2021
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Rent the Runway receives warm Wall Street reception, as stock opens 9.5% above IPO price
- Rent the Runway Inc. RENT, +15.05% received a warm reception on its Wall Street debut, as the fashion rental company's stock opened 9.5% above the initial public offering price. The Brooklyn-based company said overnight that it raised $357.0 million as its upsized IPO of 17.0 million shares priced at $21 a share, at the top of the expected range.
- 10/27/2021
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What to expect ahead of Rent the Runway going public
- Julie Hyman gives a brief background of Rent the Runway's rise to a $1.3 billion IPO valuation and a teaser of what to expect from her interview with CEO Jennifer Hyman. Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: https://youtu.be/Sb179GLPNYE Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: https://youtu.be/gx-OzwHpM9k
- 10/27/2021
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Rent the Runway IPO: 13 Things for Investors to Know as RENT Stock Starts Trading Today
- Rent the Runway (RENT) stock is set to start trading today thanks to an initial public offering (IPO) for the fashion company. The post Rent the Runway IPO: 13 Things for Investors to Know as RENT Stock Starts Trading Today appeared first on InvestorPlace.
- 10/27/2021
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