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. Q4 2023 Net Loss of $(24.8)M and Net Loss Margin of (32.7)$(26.2)M and (34.7)% in Q4 2022 Adjusted EBITDA of $11.2M and Adjusted EBITDA Margin of 14.8$7.1M and 9.4% in Q4 2022 Healthy Inventory In-Stock Position Exiting FY 2023 has Driven Strong Custome ...