RENT News

NEW YORK, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (“Rent the Runway”) (Nasdaq: RENT) announced today that it expects to release its second quarter 2025 financial results for the quarter ended July 31, 2025 on Thursday, September 11, 2025, 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.

Rent The Runway, Inc. (RENT) shares up 20.92% premarket after beating earnings estimates. Active subscribers up 1%, revenue expected at $76-80M for Q2.

Rent the Runway stock drops after Q4 results miss estimates and FY25 outlook signals continued cash burn.

Rent the Runway's (NASDAQ:RENT) short percent of float has fallen 8.04% since its last report. The company recently reported that it has 7.39 million shares sold short, which is 18.41% of all regular shares that are available for trading.

Piper Sandler has decided to maintain its Overweight rating of Rent the Runway (NASDAQ:RENT) and lower its price target from $10.00 to $6.00. Shares of Rent the Runway are trading down 31.46% over the last 24 hours, at $3.38 per share.

Rent The Runway Inc (NASDAQ: RENT) shares are trading lower Tuesday after the company issued guidance below analyst estimates and announced a 24% workforce reduction.

Within the last quarter, Rent the Runway (NASDAQ:RENT) has observed the following analyst ratings:

Rent The Runway Inc (NASDAQ: RENT) reported better-than-expected financial results but issued guidance below analyst estimates and announced a 24% workforce reduction.

Rent The Runway Inc (NASDAQ: RENT) shares are trading lower in Monday's after-hours session. The company reported better-than-expected financial results but issued guidance below analyst estimates and announced a 24% workforce reduction.