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Rent The Runway, Inc. (RENT)

NASDAQ: RENT · IEX Real-Time Price · USD
12.13
-0.45 (-3.58%)
At close: Dec 3, 2021 4:00 PM
11.55
-0.58 (-4.78%)
After-hours:Dec 3, 2021 6:14 PM EST
Market Cap762.60M
Revenue (ttm)149.20M
Net Income (ttm)-167.80M
Shares Out62.87M
EPS (ttm)-2.67
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume1,143,456
Open12.98
Previous Close12.58
Day's Range11.50 - 13.00
52-Week Range11.50 - 24.77
Betan/a
Analystsn/a
Price Targetn/a
Earnings Daten/a

About RENT

Rent The Runway built the world’s first and largest shared designer closet — what we call the Closet in the Cloud — with over 18,000 styles by over 750 designer brands that has transformed the way women get dressed by letting them wear whatever they want, without having to own it. We give customers ongoing access to our “Unlimited Closet” through our Subscription offerings or the ability to rent a-la-carte through our Reserve offering. We also give our subscribers and customers the ability to buy our products through our Resale offeri...

IndustryApparel Retail
IPO DateOct 27, 2021
CEOJennifer Y. Hyman
Employees893
Stock ExchangeNASDAQ
Ticker SymbolRENT
Full Company Profile

Financial Performance

In 2020, RENT's revenue was $157.50 million, a decrease of -38.69% compared to the previous year's $256.90 million. Losses were -$171.10 million, 11.2% more than in 2019.

Financial Statements

News

Rent The Runway (RENT): The New Normal For Designer Fashion

Rent The Runway's niche digital-fueled subscription platform is driving the next-generation of consumer fashion and RENT is lining up as a buy.

1 week ago - Zacks Investment Research

Rent The Runway Shares Gain As Analysts See Huge Upside To Price Target

Several analyst firms initiated coverage on Rent The Runway Inc (NASDAQ:RENT) with a huge upside to the company's price target. Rent the Runway is an e-commerce platform that allows users to rent, subsc...

1 week ago - Benzinga

Buying This IPO Could Be a Big Mistake

Rent the Runway is looking to invent a cloud-based wardrobe for fashionistas across the world, but its business is already looking shabby.

3 weeks ago - The Motley Fool

Rent the Runway co-founder Jenny Fleiss and Volition Capital's Larry Cheng talk early-stage fundraising on TechCrunch...

Rent the Runway is more than 10 years old now and has raised upwards of $500 million, recently filing to IPO at a valuation north of $1 billion. Jenny Fleiss is a co-founder at Rent the Runway and sits ...

4 weeks ago - TechCrunch

7 New Stocks That Can Provide Long-Term Gains After Their IPOs

With 2021 proving to be the year of compelling IPOs, here are some new stocks to consider if you're feeling in a risk-on mood. The post 7 New Stocks That Can Provide Long-Term Gains After Their IPOs app...

4 weeks ago - InvestorPlace

3 Companies That Went Public in October

At long last, you can invest in First Watch Restaurant Group, Vita Coco, and Rent the Runway -- but should you?

Other symbols:COCOFWRG
1 month ago - The Motley Fool

Rent the Runway struts its stuff before falling in Wall Street debut

Rent the Runway had a strong showing out of the gate with its market debut on Wednesday, before seeing its share price steadily fall.

1 month ago - Fox Business

Wall Street Welcomes Rent the Runway With Outsized IPO

It looks like investors love a fashion-tech unicorn even more than customers love being able to rent Ralph Lauren wrap dresses and Tori Burch.

1 month ago - The Motley Fool

Fashion firm Rent the Runway struts into Wall St with $1.7 billion valuation

(Reuters) -Fashion company Rent the Runway was on Wednesday valued at $1.7 billion after its shares opened nearly 10% above their initial public offering price, the latest consumer-facing business to ac...

1 month ago - Reuters

Rent the Runway President on Going Public, Future Outlook for Renting Fashion

Anushka Salinas, president and COO of Rent the Runway, joined Cheddar's "Closing Bell" to talk about bringing the fashion rental company to the public market after debuting on Nasdaq. Salinas also talks...

1 month ago - Cheddar

Rent the Runway jumps in trading debut

'Rent the Runway' CEO joins Yahoo Finance to discuss the clothing subscription service's initial public offering Wednesday. Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE...

1 month ago - Yahoo Finance

Rent the Runway goes public in IPO, tells investors to ignore clothing depreciation

Rent the Runway went public today in an IPO and shares are down marginally. CNBC's Deirdre Bosa reports on interesting news out of the company.

1 month ago - CNBC Television

What to expect ahead of Rent the Runway going public

Julie Hyman gives a brief background of Rent the Runway's rise to a $1.3 billion IPO valuation and a teaser of what to expect from her interview with CEO Jennifer Hyman. Don't Miss: Valley of Hype: The ...

1 month ago - Yahoo Finance

Rent the Runway IPO: 13 Things for Investors to Know as RENT Stock Starts Trading Today

Rent the Runway (RENT) stock is set to start trading today thanks to an initial public offering (IPO) for the fashion company. The post Rent the Runway IPO: 13 Things for Investors to Know as RENT Stock...

1 month ago - InvestorPlace

Rent the Runway CEO says pandemic forced company to create new customer services

The stock is expected to begin trading Wednesday on Nasdaq under the ticker symbol RENT.

1 month ago - CNBC

Rent the Runway CEO Hyman on IPO, pandemic's business impact

Jennifer Hyman, co-founder and CEO of Rent the Runway, sits down with CNBC's Julia Boorstin ahead of the company's public market debut.

1 month ago - CNBC Television

Rent the Runway Announces Pricing of Upsized Initial Public Offering at Top End of the Range

Rent the Runway, Inc. (“Rent the Runway”) announced today the pricing of its upsized initial public offering...

1 month ago - GlobeNewswire

Rent the Runway Announces Launch of Initial Public Offering

Rent the Runway, Inc. (“Rent the Runway”) announced today that it has launched the roadshow for the initial public offering of its Class A common stock.

1 month ago - Business Wire

Rent the Runway files for IPO pushing back COVID blues

Rent the Runway has filed for an initial public offering on Monday with a revelation that its customer base has dwindled due to COVID but is now on a recovery path.

1 month ago - Investor Telegraph

Fashion rental company Rent the Runway discloses drop in revenue in IPO filing

Fashion rental company Rent the Runway on Monday made public its paperwork for a U.S. stock market flotation, joining a bunch of retailers looking to cash in on the record boom in capital markets since ...

1 month ago - Reuters

Rent the Runway files for IPO, revealing losses mounted during pandemic but subscribers rebounding

Rent the Runway filed for an initial public offering Monday, revealing that its subscriber base fell during the Covid pandemic but has begun to grow again.

1 month ago - CNBC

Rent the Runway Announces Filing of Registration Statement for Proposed Initial Public Offering

Rent the Runway, Inc. (“Rent the Runway” or “RTR”) today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) relating to a propo...

1 month ago - Business Wire

Rent The Runway IPO Registration Document (S-1)

Rent The Runway, Inc. has filed to go public with an IPO on the NASDAQ.

1 month ago - SEC