RENT News and Press, Rentrak Corp. From 05/17/22

ThredUP (NASDAQ:TDUP) released the results of the 2022 Resale Report conducted by third-party retail analytics firm GlobalData. The study forecast that the U.S. secondhand market is expected to more than double by 2026 to reaching $82 billion. The global secondhand apparel market is seen...

Gainers: Avadel Pharmaceuticals  (AVDL) +31%. AlloVir (ALVR) +7%. Redbox Entertainment  (RDBX) +6%. CymaBay Therapeutics  (CBAY) +5%. Harpoon Therapeutics. (HARP) +5%. Losers: Protagonist Therapeutics (PTGX) -41%. Nkarta (NKTX) -6%. Provention Bio (PRVB...

The apparel sector heard more about Lululemon's (LULU) "Like New" program on Wednesday at an investor event. The Lululemon Like New program allows guests to exchange used product for a store credit and serves as a resale platform for the used goods, which are products sold on the LULU we...

Rent the Runway has a unique business model predicated on the idea that consumers will want to rent clothes via subscription. The firm has accumulated a sizable user base, but performance has been volatile and it is hemorrhaging cash. On the whole, this is a very speculative play ...

Wedding demand could be a key factor driving many retail and apparel stocks higher. According to research firm The Wedding Report, wedding-related products and services are booming in 2022 as many COVID-delayed weddings are booked this year. Per the firm’s data, sales of these products...

Rent the Runway (NASDAQ: RENT) , shares fell over 5% during after-hours trading on Wednesday after reporting its fourth quarter results. Nevertheless, the company believes that the more than 2 million planned weddings for this year will be a boost for the business. ...

NEW YORK, April 14, 2022 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (“Rent the Runway”) (Nasdaq: RENT) announced today that management will present at the Shareholder Equity Conference, held virtually, on Tuesday, April 19, 2022 at 11:30 AM ET. The live webcast  of t...

Rent the Runway (NASDAQ:RENT) gained in premarket trading on Thursday even though the online retailer reported fewer active subscribers than analysts forecast for Q4. The company's subscriber pause rate rose to 28% during the quarter from 22% in Q3. Active subscribers were reported at 115,240...

Rent the Runway, Inc. (RENT) Q4 2021 Earnings Conference Call April 13, 2022 05:00 PM ET Company Participants Janine Stichter - Vice President of Investor Relations Jen Hyman - Co-Founder, Chair & Chief Executive Officer Scarlett O'Sullivan - Chief Financial Officer Conference Call Partic...

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