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Rent the Runway Inc - RENT STOCK NEWS

Welcome to our dedicated news page for Rent the Runway (Ticker: RENT), a resource for investors and traders seeking the latest updates and insights on Rent the Runway.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Rent the Runway's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Rent the Runway's position in the market.

Rhea-AI Summary
Rent the Runway Exceeds Revenue and Adjusted EBITDA Guidance for Q4 2023, Anticipates Growth in FY 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
161.89%
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Rhea-AI Summary
Rent the Runway, Inc. announced a 1-for-20 reverse stock split of its Common Stock to increase the per share market price and comply with Nasdaq listing requirements. The split is effective April 2, 2024, with trading under the symbol 'RENT' starting on April 3, 2024.
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End-of-Day
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Rhea-AI Summary
Rent the Runway, Inc. (RENT) will release its Q4 and fiscal year 2023 financial results on April 10, 2024. A conference call and webcast will follow to discuss the results and provide a business update.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.61%
Tags
conferences earnings
Rhea-AI Summary
Rent the Runway appoints Natalie McGrath as Chief Marketing Officer to drive brand growth and customer experience initiatives, aiming to reignite customer growth investments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.97%
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Rhea-AI Summary
Rent the Runway, Inc. (NASDAQ: RENT) announces corporate debt restructuring, reiterates FY23 revenue and adjusted EBITDA guidance, and commits to delivering free cash flow breakeven in FY 2024. The company significantly improved its inventory in-stock position, driving improved customer satisfaction and retention, setting the stage for FY24 growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.99%
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Rhea-AI Summary
Rent the Runway (Nasdaq: RENT) to Participate in Morgan Stanley's Global Consumer & Retail Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.44%
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conferences
Rhea-AI Summary
Rent the Runway (Nasdaq: RENT) expects to release its Q3 2023 financial results on December 5, 2023, after the market close. A conference call and webcast will follow to discuss the results and provide a business update. Investors can access the event through the company's Investor Relations website or via conference line. A replay will be available for at least fourteen days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.55%
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conferences earnings
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Rhea-AI Summary
Rent the Runway reports Q2 2023 financial results, exceeding profitability guidance with Adjusted EBITDA margin of 10.2%. Intends to accelerate path to free cash flow profitability before FY24 Q2 net loss of $(26.8)M. Revenue decreased by (1.0)% YoY. Ending active subscribers increased by 11%. Gross profit increased by 2.5%.
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Rhea-AI Sentiment
End-of-Day
-27.94%
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Rhea-AI Summary
Rent the Runway to release Q2 2023 financial results on September 8, 2023
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-- %
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conferences earnings
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.68%
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Rent the Runway Inc

Nasdaq:RENT

RENT Rankings

RENT Stock Data

68.18M
2.04M
20.51%
60.72%
9.94%
Electronic Shopping
Retail Trade
Link
United States
Brooklyn

About RENT

rent the runway is revolutionizing fashion by allowing women to rent thousands of designer dresses and accessories. we focus on convenience and a top-notch customer experience on all our platforms, including online, mobile, and retail locations in new york city, washington dc, chicago and las vegas. with styles from more than 270 top designers, rent the runway introduces women to new brands and gives them the opportunity to have an endless closet. our fun, dynamic team is filled with passionate go-getters who dream big, execute their ideas, and deliver an incredible experience to our customers. check out our career opportunities at http://www.renttherunway.com/careers