Rent the Runway (RENT) Shares Down 5% Following Q4 Earnings, Outlook
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Rent the Runway, Inc. Announces Fourth Quarter and Full Year 2021 Results
April 13, 2022 4:01 PM EDTQ4 2021 revenue up 91% year-over-year, showcases business resilienceEnding Active Subscribers up 110% year-over-yearSignificant increase in Gross Margin to 34% in fiscal year 2021, from 10% in fiscal year 2020Strong Q1 2022 Ending Active Subscriber guidance and full year revenue outlook reflect powerful momentum and 2022 events boom
NEW YORK, April 13, 2022 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (Rent the Runway) (NASDAQ: RENT), the worlds first and largest shared designer closet platform, today reported financial results for the fiscal year 2021 ended... More
