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0.00300525920360638 0.0210368144252441 -0.0833959429000751 -0.138993238166792 -0.119947407963937 -0.0646130728775356 -0.232156273478587 -0.227362885048835
Stock impact report

Rent the Runway, Inc. Announces Third Quarter 2024 Results [Yahoo! Finance]

Rent the Runway, Inc. - Class A (RENT) 
Company Research Source: Yahoo! Finance
Return to Subscriber Growth in Q3 2024. Record Low Cash Consumption for 9 Months Ending Oct 31, 2024. Reiterates Expectation for Free Cash Flow Breakeven in FY 2024. NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (“Rent the Runway” or "RTR") (NASDAQ: RENT), transforming the way women get dressed by pioneering the world's first Closet in the Cloud, today reported financial results for the fiscal quarter ended October 31, 2024. Fiscal Third Quarter and Recent Business Highlights Improved free cash flow consumption of $9M for the nine months ending October 31, 2024, which is $38M lower than the nine months ending October 31, 2023 and $61M lower than the nine months ending October 31, 2022. Fastest Y-o-Y Growth in Reserve orders since Q1 22, which we believe is a result of focus and operational improvements that resulted in increased availability of our highest demanded styles. Launched New 1-Shipment Subscription Plan offering customers access to the ful Show less Read more
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