Rent The Runway reports Q4 EPS ($3.44) vs ($7.02) last year

Reports Q4 revenue $76.4M vs $75.8M last year. “After several years of increased financial discipline, we believe that RTR is now operating on steadier financial footing. We’ve significantly reduced our cash burn, which is a key proof point that we can operate a more sustainable business,” said Jennifer Hyman, Co-Founder, President, and CEO of Rent the Runway (RENT). “As we look ahead, our priority is to grow new customers and strengthen customer loyalty by reinvesting in our inventory. We are entering 2025 with strong conviction that we will see business momentum as we continue to execute on our multi-year transformation plan.”