Rent the Runway (RENT) Reports Q4 Loss of $0.62/sh, Offers Guidance

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Go back to Rent the Runway (RENT) Reports Q4 Loss of $0.62/sh, Offers Guidance

Rent the Runway, Inc. Announces Fourth Quarter and Full Year 2021 Results

April 13, 2022 4:01 PM EDT

Q4 2021 revenue up 91% year-over-year, showcases business resilience
Ending Active Subscribers up 110% year-over-year
Significant increase in Gross Margin to 34% in fiscal year 2021, from 10% in fiscal year 2020
Strong Q1 2022 Ending Active Subscriber guidance and full year revenue outlook reflect powerful momentum and 2022 events boom

NEW YORK, April 13, 2022 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (Rent the Runway) (NASDAQ: RENT), the worlds first and largest shared designer closet platform, today reported financial results for the fiscal... More