Rent the Runway Inc
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RENT Rent the Runway Inc
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Consumer Discretionary : Specialty Retail | Small Cap Value
Company profile

Rent the Runway, Inc. is engaged in providing shared designer closet platform. It gives customers access to its unlimited closet through its subscription offering (subscription) or the ability to rent a-la-carte through its reserve offering (reserve). It also gives its subscribers and customers the ability to buy its products through its resale offering. Its Closet in the Cloud offers an assortment of items for every occasion, from evening wear and accessories to ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear and ski wear. It has built a two-sided discovery engine, which connects customers and differentiated brand partners on a platform built around its brand, data, logistics and technology. Through its platform, it has helped approximately three million lifetime customers discover the transformative of utilizing its Closet in the Cloud across all its offerings. It has approximately 141,205 active subscribers.

Price
Delayed
$0.7565
Day's Change
-0.006 (-0.79%)
Bid
--
Ask
--
B/A Size
--
Day's High
0.7776
Day's Low
0.7526
Volume
(Light)

Today's volume of 25,827 shares is on pace to be much lighter than RENT's 10-day average volume of 1,215,438 shares.

25,827

Company Profile

Rent the Runway, Inc. is engaged in providing shared designer closet platform. It gives customers access to its unlimited closet through its subscription offering (subscription) or the ability to rent a-la-carte through its reserve offering (reserve). It also gives its subscribers and customers the ability to buy its products through its resale offering. Its Closet in the Cloud offers an assortment of items for every occasion, from evening wear and accessories to ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear and ski wear. It has built a two-sided discovery engine, which connects customers and differentiated brand partners on a platform built around its brand, data, logistics and technology. Through its platform, it has helped approximately three million lifetime customers discover the transformative of utilizing its Closet in the Cloud across all its offerings. It has approximately 141,205 active subscribers.

Valuation Ratios

Price/Earnings (TTM)
--
Price/Sales (TTM)
0.17x
Price/Book (MRQ)
--
Price/Cash Flow (TTM)
--
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

Price Performance

Historic Growth and Share Detail

Historic Growth

No historic growth available.

Short Interest

August 2023
Current Month
6.6M
Previous Month
6.6M
Percent of Float
11.22%
Days to Cover
13.3805 Days

Share Information

RENT is in a share class of common stock
Float
58.8M
Shares Outstanding
69.0M
Institutions Holding Shares
104
71.55%

Financial Statements

Balance sheet

Values displayed are in thousands.

Income statement

Values displayed are in thousands.

Cash flow

Values displayed are in thousands.

Company Officers

  • Jennifer Y. HymanChmn.
  • Anushka SalinasPres.
  • Jennifer Fleiss
  • Siddharth B. ThackerCFO
  • Andrea M. Alexander

Address

Insider Trading

During the most recent quarter, 1M shares were sold in insider trading.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

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