As consumers demand more frictionless experiences from their eCommerce merchants, Rent the Runway is seeing its digital rethink drive higher retention.The company shared in a presentation Wednesday (April 10), alongside its fourth quarter and full year fiscal 2023 financial results, that it saw loyalty rise 10% year over year following improvements to the user experience on its digital platforms.“[We] will be … continuing the digital product innovation we started in 2023 to drive increases in conversion and ...

财务表现 - Q4 2023净亏损为24.8百万美元，净亏损率为32.7%，较2022年Q4的26.2百万美元和34.7%有所改善[2] - Q4 2023调整后的EBITDA为1120万美元，调整后的EBITDA利润率为14.8%，较2022年Q4的710万美元和9.4%有所增长[2] - 2023财年营收为2.982亿美元，较2022财年的2.964亿美元增长0.6%；调整后的EBITDA为2690万美元，较2022财年的670万美元增长[10] - 公司2024年的净亏损为113.2百万美元，较2013年同期的138.7百万美元有所减少[42] 经营目标 - 2024财年预计实现营收增长，专注于营销、产品创新和强大的客户保留，致力于在2024财年实现自由现金流盈亏平衡[1] 财务指标 - Adjusted EBITDA是管理层用来评估公司运营绩效和业务资本支出前的关键绩效指标[29][37] - Adjusted EBITDA边际是Adjusted EBITDA占总收入的百分比[29][37] - Free cash flow被定义为联合基础上的经营活动和投资活动中使用的净现金[30] - 现金和现金等价物以及受限现金在2024年1月31日结束时为94.0百万美元[36] - 租赁产品净额为94.0百万美元[33] - 总收入净额为298.2百万美元[34] - 净亏损为113.2百万美元[34] - 净亏损为113.2百万美元[35] - 净亏损为113.2百万美元[36] - 2024年1月31日，公司的经营活动产生的净现金流为负15.7百万美元，较2023年同期的负47.7百万美元有所改善[41] - 公司2024年的自由现金流为负70.3百万美元，自由现金流率为-23.6%[41]

公司业绩 - Rent the Runway在2023年第四季度实现了历史最高的季度和年度二手销售业务收入[20] - Rent the Runway预计2024财年将实现自由现金流盈亏平衡[4] - Rent the Runway预计2024财年营收将增长1%至6%[23] - Rent the Runway预计2024财年调整后的EBITDA利润率为15%至16%[23] - Rent the Runway预计2024财年全年将实现自由现金流盈亏平衡[23] 财务指标 - 公司使用非GAAP财务指标Adjusted EBITDA、Adjusted EBITDA margin、free cash flow和free cash flow margin来评估业绩和流动性[35][36] - Adjusted EBITDA的定义包括排除利息费用、租赁产品折旧、其他折旧和摊销、股权补偿费用、清算租赁产品资产、某些非经常性或一次性费用、非常规法律费用、重组费用、与重组相关的资产减值损失、所得税（利益）费用、权证负债重估收益/损失、债务摊销收益/损失、其他收入和费用以及其他收益/损失[36] - free cash flow定义为联合运营活动中使用的净现金，free cash flow margin定义为free cash flow占收入的百分比[37] - 公司鼓励查看非GAAP财务指标与最直接可比的GAAP财务指标的调和表，以便更好地理解财务状况[38] 资产负债 - 公司的资产包括现金及现金等价物、租赁产品、固定资产、无形资产等，负债包括应付账款、递延收入、经营租赁负债等，股东权益（赤字）为负数[40] 财务调整 - 公司在2024年1月和2022年9月的重组计划中，主要反映了与裁员和相关成本有关的重组费用[47][48] - 公司在利息收入/支出、租赁产品折旧、其他折旧和摊销、股权补偿、资产清算损失、非经常性调整、非常规法律费用、重组费用等方面进行了调整，得出调整后的EBITDA[51]

公司业绩发布 - Rent the Runway公司计划于2024年4月10日发布2023财年第四季度和全年财务业绩[1] - 公司将在当天下午4:30举行电话会议和网络直播，讨论业绩并提供业务更新[1] - 通过公司网站的投资者关系部分可以获取财务业绩和网络直播的相关信息[2] - 电话会议的重播将在会后发布，并将至少提供十四天的时间供回顾[3] 公司背景介绍 - Rent the Runway公司成立于2009年，致力于改变女性穿衣方式，提供服装租赁和二手购物服务[4]

NEW YORK, March 20, 2024 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (“Rent the Runway”) (Nasdaq: RENT) announced today that it expects to release its fourth quarter and fiscal year 2023 financial results for the quarter and year ended January 31, 2024, on Wednesday, April 10, 2024, after market close. Rent the Runway will host a conference call and live webcast with the investment community at 4:30 p.m. Eastern Time that same day to discuss its results and to provide a business update. The financial results ...

NEW YORK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Rent the Runway (RTR) today announced the appointment of Natalie McGrath as Chief Marketing Officer, effective March 4, 2024. McGrath will oversee all aspects of the Rent the Runway customer journey, including brand and growth marketing, creative services, public relations, and customer service. She will report to Co-Founder, CEO and President Jennifer Hyman. McGrath's appointment comes at a pivotal time for Rent the Runway, which has spent the past several years ...

Rent the Runway, Inc.的盈利前景 - Rent the Runway, Inc. (RENT)最近被升级为Zacks Rank 2 (Buy)[1] - Rent the Runway, Inc.的盈利前景积极，可能会带来股价上涨[4] - Rent the Runway, Inc.的盈利预期在过去三个月中持续上升[10] - Rent the Runway, Inc.的盈利预期升高，可能会使股价在短期内上涨[6] - Rent the Runway, Inc.被升级为Zacks Rank 2，可能在短期内股价上涨[12] Zacks评级系统 - Zacks评级系统主要依赖于公司的盈利前景[2] - 机构投资者对盈利和盈利预期的影响对股价有很大影响[5] - Zacks评级系统对股票进行分类，根据盈利预期将股票分为五组[8] - Zacks评级系统的成功记录表明，Zacks Rank 1的股票自1988年以来平均年回报率为+25%[8]

Rent the Runway, a fashion rental company, has undergone adjustments, including a 10% reduction in its corporate workforce. However, the question arises: Is this indicative of a struggling company, or is it merely a recalibration? Apparel subscriptions, known for their high loyalty, have been reported to be the most steadfast. The company has said it does indeed have loyal customers, translating to higher profitability. The company’s chief operating officer and president, Anushka Salinas, is also set to lea ...

Clothing-Rentals  (AP Photo/Seth Wenig)Copyright 2019 The Associated Press. All rights reserved.Rent the Runway announced that it is eliminating 37 corporate positions and COO Anushka Salinas will leave the company on January 31. Her resignation comes on the heels of a company restructuring. These actions are on top of earlier staff cuts made last September.Jennifer Hyman, CEO, and chair of the board, explained that these steps were taken to help the company restore the growth and achieve profitability.Rent ...

With subscriber growth slowing, fashion rental firm Rent the Runway has begun cutting staff.The company plans to let go of about 10% of its corporate employees, it said in a Tuesday (Jan. 9) regulatory filing.That filing also reveals that Chief Operating Officer Anushka Salinas will step down Jan. 31, with Co-founder and CEO Jennifer Hyman set to fill Salinas’ duties.“The Company expects to incur charges of approximately $3 million to $4 million for the Restructuring Plan, substantially all of which is expe ...