RENT News and Press, Rentrak Corp. From 04/13/22

The following slide deck was published by Rent the Runway, Inc. in conjunction with their 2021 Q4 earnings call. For further details see: Rent the Runway, Inc. 2021 Q4 - Results - Earnings Call Presentation

Rent the Runway press release (NASDAQ:RENT): Q4 GAAP EPS of -$0.62 beats by $0.11. Revenue of $64.1M (+91.3% Y/Y) beats by $0.81M. Q4 2021 revenue up 91% year-over-year, showcases business resilience. Ending Active Subscribers up 110% year-over-year. Significant increase in Gross Margin to 34...

Q4 2021 revenue up 91% year-over-year, showcases business resilience Ending Active Subscribers up 110% year-over-year Significant increase in Gross Margin to 34% in fiscal year 2021, from 10% in fi scal year 2020 Strong Q1 2022 Ending Active Subscriber guidance a...

Lululemon (NASDAQ:LULU +5.4%) will expand its resale program across the U.S. on April 22. The Lululemon Like New program will be available to all guests following a successful two-state pilot last year.  Through the program, Lululemon (LULU) guests nationwide can trade in "pre-loved" LUL...

Rent the Runway (NASDAQ:RENT) traded slightly higher early on Thursday after the retailer raised prices. Pricing on the popular eight-item plan was increased to $144 per month from $134 and pricing on the 16-item plan was boosted to $235 per month from $195. The higher pricing will be in effe...

Online retail and apparel stocks slumped again on Wednesday amid renewed concerns over supply chain disruption in China and the impact of higher interest rates on growth names in general. A dramatic spike higher in COVID cases in Shanghai has led to a return of the lockdown days for the metro...

Jefferies predicts that the massive boom in weddings this year will be a significant opportunity for Rent the Runway (NASDAQ:RENT +4.5%) to attract new customers to its platform. Close to 2.6 million weddings are expected this year, which would mark the highest level since 1984. Women are exp...

NEW YORK, March 23, 2022 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (“Rent the Runway”) (Nasdaq: RENT) announced today that it will release its financial results for the fourth quarter 2021 and fiscal year ended January 31, 2022 on Wednesday, April 13, 2022, after market close....

NEW YORK, March 17, 2022 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (“Rent the Runway”) (Nasdaq: RENT), the clothing rental pioneer, today announced its Impact Strategy, outlining long-term ambitions with specific and measurable short-term goals to tackle pressing environmental...

Rent the Runway has seen a disastrous time since its public offering recently. I feared the sustainability of the business model at the time of the IPO. After shares have seen a 70% pullback in just a few months, I still have doubts, but the price action has partially de-risked th...