Rent the Runway, headquartered in Brooklyn, New York, offers a shared designer closet platform with subscription and rental options, employing 938 people since its IPO on October 27, 2021. The company serves around three million customers, providing access to diverse designer items for various occasions.
Rent the Runway (RENT) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, Rent the Runway's actual EPS was -$3.54, beating the estimate of -$5.73 per share, resulting in a 38.19% surprise.
📡️ Consumer Discretionary
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