Rent the Runway, Inc. (NASDAQ:RENT) Earnings Report Highlights
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 ...