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Rent the Runway (RENT)
NASDAQ:RENT
Earnings Data
Report Date
Sep 05, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Jun 05, 2025
|% Change Since: -17.36%
|Next Earnings Date:Sep 05, 2025
Earnings Call Sentiment|Neutral
Rent the Runway, Inc. has experienced record subscriber growth and strong customer retention due to significant inventory expansion and the introduction of new features. However, revenue decline, increased fulfillment costs, decreased gross margins, and negative adjusted EBITDA highlight financial challenges. Despite these issues, the company is optimistic about its transformation strategy and future growth.Company Guidance
In the recent Q1 2025 earnings call for Rent the Runway, Inc., the company provided guidance for both the second fiscal quarter and the full fiscal year 2025. The call highlighted a significant investment in their inventory strategy, emphasizing an expected 420% year-over-year increase in new receipts for Q2 and a 134% increase for the entire year. Rent the Runway plans to introduce over 40 new brands and 2,700 new styles. The company saw a 1% year-over-year increase in ending active subscribers, reaching over 147,000, the highest in company history. Despite a 7.2% year-over-year decrease in total revenue to $69.6 million and a lower adjusted EBITDA of negative $1.3 million, the company is optimistic about improved customer retention and acquisition, driven by enhanced product offerings and marketing strategies. Q2 revenue is projected to be between $76 million and $80 million, with adjusted EBITDA margins expected to be negative 22%. The full year aims for double-digit growth in ending active subscribers and free cash flow consumption between negative $30 million and negative $40 million.Record Subscriber Growth
Ended Q1 with over 147,000 active subscribers, the most in company history. Achieved the fastest sequential growth in ending active subscribers in Q1 versus Q4 over the last four years.
Strong Customer Retention
Strongest quarterly customer retention in four years, with improved churn rates for both early-term and long-term subscribers.
Significant Inventory Expansion
Q1 inventory volume received was up 24% year over year. Plans for further expansion include Q2 new receipts expected to be up over 420% year over year, and for the rest of the year, new receipts to be up 134% year over year.
Introduction of New Features
Launched back-in-stock notifications and personalized styling support, resulting in a 27% reduction in first-month churn.
Successful Marketing and Engagement
Social engagement rate increased by 163% following a new organic strategy. Hosted various successful member-first experiences.
Positive Customer Feedback
Customers are more engaged with the selection than ever before, with spring 2025 inventory having a 23% higher share of use and 46% more hearts.
RENT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
RENT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jun 05, 2025 | $6.74 | $8.62 | +27.89% |
Apr 15, 2025 | $5.39 | $4.41 | -18.18% |
Dec 09, 2024 | $12.82 | $10.02 | -21.84% |
Sep 05, 2024 | $15.08 | $10.90 | -27.72% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Rent the Runway (RENT) report earnings?
Rent the Runway (RENT) is schdueled to report earning on Sep 05, 2025, TBA Not Confirmed.
What is Rent the Runway (RENT) earnings time?
Rent the Runway (RENT) earnings time is at Sep 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RENT EPS forecast?
Currently, no data Available
