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)%, vs.
NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (“Rent the Runway” or the “RTR”) (NASDAQ: RENT) today announced that it will proceed with a 1-for-20 reverse stock split (“Reverse Stock Split”) of its outstanding shares of Class A Common Stock and Class B Common Stock
NEW YORK, March 20, 2024 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (“Rent the Runway”) (Nasdaq: RENT) announced today that it expects to release its fourth quarter and fiscal year 2023 financial results for the quarter and year ended January 31, 2024, on Wednesday, April 10, 2024, after market
Company Engages World Class Talent to Reinvigorate Brand Focus and Reignite Growth Funnel NEW YORK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Rent the Runway (RTR) today announced the appointment of Natalie McGrath as Chief Marketing Officer, effective March 4, 2024.