Rent the Runway(RENT) - 2025 Q1 - Quarterly Results
Rent the Runway(RENT)2024-06-07 04:12
Exhibit 99.1 Rent the Runway, Inc. Announces First Quarter 2024 Results Exceeded Revenue and Adjusted EBITDA Guidance for Q1 2024. Improved Business Momentum in Q1 2024. Record Low Quarterly Cash Consumption in Q1 2024. Reiterates Expectation for Revenue Growth and Free Cash Flow Breakeven in FY 2024. New York (June 6, 2024) - Rent the Runway, Inc. (“Rent the Runway” or "RTR") (NASDAQ: RENT), the world’s first and largest shared designer closet platform, today reported financial results for the fiscal quart ...