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Rent The Runway reports Q3 EPS $13.65 vs. ($4.70) last year

Reports Q3 revenue $87.6M vs. $75.9M last year. “This year we’ve repositioned ourselves for sustained growth in the category,” said Jennifer Hyman, CEO. “Not only did we execute operationally on our stated goals to return to our customer-obsessed origins, reinvigorate our brand, and drive double-digit growth in subscribers; but we also restructured our balance sheet, closing the recapitalization transactions in October that offer improved financial flexibility to better position us for continued growth.”

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