Rent the Runway(RENT) - 2025 Q2 - Quarterly Results
Exhibit 99.1 Rent the Runway, Inc. Announces Second Quarter 2024 Results 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 (September 5, 2024) - Rent the Runway, Inc. ("Rent the Runway" or "RTR") (NASDAQ: RENT), transforming the way women get dressed by pione ...