Rent the Runway(RENT)

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Rent the Runway(RENT) - 2026 Q2 - Quarterly Report
2025-09-12 13:02
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________ FORM 10-Q ____________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to ________ Commission file number 001-40958 RENT THE RUNWAY, INC. __________________________ ...
Stocks Moving Premarket: VSTD, GCTK, HCWB, MGIH And Other Gainers & Losers
RTTNews· 2025-09-12 11:23
At 7:05 a.m. ET on Friday, premarket trading is seeing notable activity in several stocks, with early price movements signaling potential opportunities before the opening bell.For active traders, premarket trading offers a head start in spotting potential breakouts, reversals, or sharp price swings. These early moves often indicate where momentum may carry into the regular session, making premarket analysis a key part of the trading day.In the Green - Premarket GainersThe following stocks are trading highe ...
Rent the Runway, Inc. (NASDAQ:RENT) Earnings Report Highlights
Financial Modeling Prep· 2025-09-12 08:02
The company reported an earnings per share (EPS) of -$6.20, missing the estimated EPS.RENT's revenue reached $80.9 million, surpassing the estimated $75.5 million.The financial metrics indicate potential cash flow challenges and financial instability, with a negative debt-to-equity ratio of -1.86.Rent the Runway, Inc. (NASDAQ:RENT) is a fashion rental service aiming to revolutionize the fashion industry by offering a sustainable alternative to traditional retail. Despite facing competition from other fashio ...
Rent the Runway Adds AI Enhancements Amid Wide-Ranging Business Transformation
PYMNTS.com· 2025-09-12 01:17
Rent the Runway is continuing to roll out new personalized recommendations and artificial intelligence (AI)-powered enhancements as part of a wide-ranging transformation of its fashion subscription, rental and resale platform.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free a ...
Rent The Runway Stock Crashes After Q2 Report: Details
Benzinga· 2025-09-11 21:55
Rent The Runway, Inc. RENT stock plunged after the released its second-quarter results after Thursday's closing bell. Here's a look at the details in the report. RENT stock is plunging. See the real-time price action here.The Details: Rent the Runway reported wider-than-expected quarterly losses of $6.55 per share, compared to the analyst estimate for losses of $5.48. Quarterly revenue came in at $80.9 million which beat the $75.5 million analyst estimate. Read Next: Opendoor Returns To ‘FounderMode’—Stock ...
Rent the Runway(RENT) - 2026 Q2 - Earnings Call Transcript
2025-09-11 21:32
Rent the Runway (NasdaqGM:RENT) Q2 2026 Earnings Call September 11, 2025 04:30 PM ET Company ParticipantsJennifer Hyman - CEOSiddharth Thacker - CFOCara Schembri - Chief Legal & Administrative OfficerOperatorGreetings and welcome to Rent the Runway's Quarter Two 2025 earnings conference call. At this time, all participants are in a listen-only mode. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. Please note this conference is being record ...
Rent the Runway(RENT) - 2026 Q2 - Earnings Call Transcript
2025-09-11 21:32
Rent the Runway (NasdaqGM:RENT) Q2 2026 Earnings Call September 11, 2025 04:30 PM ET Company ParticipantsJennifer Hyman - CEOSiddharth Thacker - CFOCara Schembri - Chief Legal & Administrative OfficerOperatorGreetings and welcome to Rent the Runway's Quarter Two 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. Please note this conference is being record ...
Rent the Runway(RENT) - 2026 Q2 - Earnings Call Transcript
2025-09-11 21:30
Financial Data and Key Metrics Changes - Total revenue for Q2 2025 was $80.9 million, an increase of $2 million or 2.5% year-over-year, and up $11.3 million or 16.2% quarter-over-quarter [17] - Adjusted EBITDA for Q2 2025 was $3.6 million, or 4.4% of revenue, compared to $13.7 million, or 17.4% of revenue in Q2 2024 [19] - Free cash flow for Q2 2025 was negative $26.5 million, compared to negative $4.5 million in Q2 2024 [20] Business Line Data and Key Metrics Changes - Subscriber growth ended Q2 with 146,400 active subscribers, a 13.4% year-over-year increase, accelerating from -4.9% in Q4 2024 and 0.9% in Q1 2025 [8][15] - Subscription and Reserve rental revenue increased by $0.7 million, or 1% year-over-year in Q2 2025, primarily due to higher average subscribers [18] - Revenue share units from existing partners were up 40% year-over-year, and total revenue share units increased by 119% year-over-year [10] Market Data and Key Metrics Changes - Engagement with new inventory in Q2 overperformed last year across every key metric, including share of views up 84% year-over-year and hearts per style up 15% year-over-year [10] - Organic channel acquisitions had the best performing quarter in years, with engagement on social media channels up 796% and views up 175% year-over-year [12] Company Strategy and Development Direction - The company announced a recapitalization plan aimed at reducing total debt from over $340 million to approximately $120 million, which is expected to strengthen the balance sheet and provide financial flexibility [4][5] - The strategy focuses on capturing subscribers through a new inventory strategy, increased product innovation, and improved customer connection [6][8] - The company plans to continue adding inventory and enhancing customer experience, with a focus on organic growth through community engagement [11][12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence that the company is on the right track to generate strong medium and long-term performance, with improved momentum evidenced by subscriber growth [21] - The company expects revenue for Q3 2025 to be between $82 million and $84 million, with adjusted EBITDA margins projected to be between negative 2% and 2% of revenue [20] - Management believes the recapitalization transaction is a key step forward for continued investment in customer experience [16] Other Important Information - The company implemented a price increase for subscription plans on August 1, with an average increase of $2 per item, and the most popular plan increasing from $144 to $164 per month, a 14% increase [13][14] - The company is excited about the future and views the recapitalization as a new chapter, akin to an "IPO 2.0" [5][6] Q&A Session Summary Question: What are the expectations for subscriber growth moving forward? - Management indicated that they expect double-digit growth in ending active subscribers for fiscal year 2025 [20] Question: How will the recapitalization impact the company's operations? - The recapitalization is expected to significantly reduce debt, lower interest expenses, and provide cash infusion for continued investment in inventory and customer experience [16] Question: What are the anticipated challenges in the upcoming quarters? - Management acknowledged that free cash flow is expected to be lower than negative $40 million due to costs associated with the recapitalization transaction [20]
Rent the Runway(RENT) - 2026 Q2 - Earnings Call Presentation
2025-09-11 20:30
Q2 2025 Earnings Presentation September 11, 2025 2 33 3 RENT THE RUNWAY Q2 2025 and Recent Highlights Forward-Looking Statements Disclaimer RTR Announced a Transformative Capital Transaction to Strengthen Our Balance Sheet and Inject Capital into the Business The Business is Growing This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements herein that do not relate to maers of historical fact should be considered forward- ...
Rent the Runway(RENT) - 2026 Q2 - Quarterly Results
2025-09-11 20:08
Exhibit 99.1 Rent the Runway, Inc. Announces Second Quarter 2025 Results 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, September 11, 2025 - Rent the Runway, Inc. ("Rent the Runway" or "RTR") (NASDAQ: RENT), the company transforming the way women get dressed, today reported financial results for th ...