
Rent the Runway, Inc. (RENT) Q1 2027 Earnings Call Prepared Remarks Transcript
Rent the Runway, Inc. rents women's designer dresses, clothing and accessories through its stores and online platform.
| Revenue (TTM) | $350.10M |
| Gross Profit (TTM) | $258.40M |
| EBITDA | -500,000 |
| Operating Margin | -21.10% |
| Return on Equity | -775.00% |
| Return on Assets | -14.50% |
| Revenue/Share (TTM) | $18.16 |
| Book Value | $-1.59 |
| Price-to-Book | 12.39 |
| Price-to-Sales (TTM) | 0.33 |
| EV/Revenue | 0.787 |
| EV/EBITDA | 2.72 |
| Quarterly Earnings Growth (YoY) | 0.00% |
| Quarterly Revenue Growth (YoY) | 29.20% |
| Shares Outstanding | $33.59M |
| Float | $24.32M |
| % Insiders | 73.60% |
| % Institutions | 22.14% |
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Rent the Runway, Inc. (RENT) Q1 2027 Earnings Call Prepared Remarks Transcript

Rent the Runway NASDAQ: RENT reported sharply higher first-quarter fiscal 2026 revenue and reiterated its full-year outlook, as management pointed to stronger subscriber monetization, growth in add-on items and early progress in new revenue initiatives.

Revenue Grew to $89.9M, up 29.2% YoY, add-on revenue increased 70.4% YoY Reaffirms FY26 Guidance for Revenue, Adjusted EBITDA and Rental Product Acquired Welcomes Teri Bariquit as Interim CEO and President, Paige Thomas as Chief Commercial Officer, and Dave Loretta as Interim CFO NEW YORK, June 03, 2026 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (“Rent the Runway” or "RTR") (NASDAQ: RENT), the company transforming the way women get dressed, today reported financial results for the fiscal quarter ended April 30, 2026. First quarter results demonstrate continued momentum across the business, with total revenue of $89.9 million exceeding guidance and up 29.2% YoY.

There is a principle I have followed for 30 years in this business. When the smartest credit team on the planet starts aggressively buying a beaten-down asset class they understand better than anyone alive, you do not sit on your hands and debate whether the timing is perfect.

NEW YORK, May 19, 2026 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (“Rent the Runway”) (Nasdaq: RENT) announced today that it expects to release its first quarter 2026 financial results for the quarter ended April 30, 2026 on Wednesday, June 3, 2026, before market open. Rent the Runway will host a conference call and live webcast with the investment community at 8:30 a.m. Eastern Time that same day to discuss its results and to provide a business update.

Rent the Runway announced an upcoming CEO transition Wednesday (May 13), saying that Co-founder Jennifer Hyman will step down as CEO, president and board member on Friday (May 15) and be succeeded by Board Member Teri Bariquit, who will serve as interim CEO and president.

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