Rent the Runway Q4 revenue $75.8M (+0.5% YoY); Adj. EBITDA $11.2M; guides FY24 FCF breakeven

Rent the Runway, Inc.

Q4 net loss $(24.8)M improved from $(26.2)M; Adj. EBITDA margin 14.8% vs 9.4% YoY.
FY23 revenue $298.2M (+0.6% YoY); net loss $(113.2)M improved from $(138.7)M; Adj. EBITDA $26.9M.
FY24 guidance: revenue growth 1-6%; Adj. EBITDA margin 15-16%; full-year FCF breakeven.
Q1 FY24 guidance: revenue $73-75M; Adj. EBITDA margin 7-8%.
Hired Natalie McGrath as CMO from Afterpay; NPS at highest level in years; resale revenue record.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Rent the Runway, Inc. reported financial results for the fiscal quarter and fiscal year 2023 ended January 31, 2024.

Period: the fiscal quarter and fiscal year 2023 ended January 31, 2024
Result: reported results

Exact text from the filing

On April 10, 2024, Rent the Runway, Inc. (the “Company”) issued a press release announcing its financial results for the quarter and year ended January 31, 2024.

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Rent the Runway, Inc. filing history →

Source: SEC EDGAR

accession 0001468327-24-000103

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