Achieved record quarterly revenue: Q2 2022 reven ue up 64% year-over-y ear Reduced Q2 2022 net loss by $9 M YoY; first quarter of positive Adjusted EBITDA since IPO Significant increase in Gross Margin to 42%, up 3 percentage points Announces Restructuring Plan to Reduce $ 25 -$ 27 Million of
NEW YORK, Sept. 07, 2022 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (“Rent the Runway”) (Nasdaq: RENT) announced today that it will participate in the following investor events: The Piper Sandler Growth Frontiers Conference, to be held in Nashville, TN.
Rental Subscription Model Provides Unique Opportunity to Address Apparel Overproduction; Company Aims to Displace the Need for New Production of 500,000 Garments by 2026 NEW YORK, March 17, 2022 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (“Rent the Runway”) (Nasdaq: RENT), the clothing rental
