RENT News and Press, Rentrak Corp. From 09/12/22

Rent the Runway press release ( NASDAQ: RENT ): Q2 GAAP EPS of -$0.53 beats by $0.12 . Revenue of $76.5M (+63.8% Y/Y) beats by $2.93M . Shares +4.26% . For further details see: Rent the Runway GAAP EPS of -$0.53 beats by $0.12, revenue of $76.5M b...

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 Anno...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips It’s the very end of the current earnings season with only a few notable companies left to report their results. With 99% of S&P 500 companies having issued their financial results, 75% announced better-than-ex...

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. Management will ...

NEW YORK, Aug. 25, 2022 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (“Rent the Runway”) (Nasdaq: RENT) announced today that it will release its second quarter 2022 financial results for the quarter ended July 31, 2022 on Monday, September 12, 2022, after market close. Rent the R...

ThredUp ( NASDAQ: TDUP ) shot up 20.49% a day after reporting mixed Q2 earnings . On Wall Street, Wells Fargo said it remains bullish on TDUP's long-term model even as challenges persist in the near term. The firm called the second-half 2023 EBITDA break-even target ...

Penn National Gaming ( PENN ) +10.83% and Caesars Entertainment ( CZR ) +8.68% were two of the biggest gainers in the S&P 500 Index on Monday as investors warmed back up to stocks tied closely to consumer discretionary spending with some of the worst-case recession f...

Piper Sandler has initiated coverage on several consumer retail stocks including Brands Holding ( AKA ), Allbirds ( BIRD ), Etsy ( ETSY ), Farfetch ( FTCH ), G-III Apparel Group ( GIII ) and Rent the Runway ( RENT ). The analysts noted that they broadly "rema...

As the company's gross margins increased to 34.3% in 2021, we believe it could continue to increase its margins as it focuses on investments in RFID and at-home pick. Another factor we believe could drive its margin growth higher is its product acquisition shift towards lower-cost non...

Consumer discretionary stocks moved higher on Tuesday as some of the worst-case economic fears slowly starting to recede. Economists think some macro data will be improving over the next few months and current inflation forecasts show a moderation. Expectations of more Federal Reser...