rent the runway is revolutionizing fashion by allowing women to rent thousands of designer dresses and accessories. we focus on convenience and a top-notch customer experience on all our platforms, including online, mobile, and retail locations in new york city, washington dc, chicago and las vegas. with styles from more than 270 top designers, rent the runway introduces women to new brands and gives them the opportunity to have an endless closet. our fun, dynamic team is filled with passionate go-getters who dream big, execute their ideas, and deliver an incredible experience to our customers. check out our career opportunities at http://www.renttherunway.com/careers
Company profile
Ticker
RENT
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Rent the Runway Limited ...
IRS number
800376379
RENT stock data
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
26 Mar 24
DEF 14A
Definitive proxy
9 Feb 24
DEFA14A
Additional proxy soliciting materials
9 Feb 24
PRE 14A
Preliminary proxy
30 Jan 24
8-K
Cost Associated with Exit or Disposal Activities
9 Jan 24
10-Q
2023 Q3
Quarterly report
6 Dec 23
8-K
Rent the Runway, Inc. Announces Third Quarter 2023 Results
5 Dec 23
8-K
Entry into a Material Definitive Agreement
5 Dec 23
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
26 Oct 23
8-K
Departure of Directors or Certain Officers
20 Oct 23
Transcripts
RENT
Earnings call transcript
2024 Q3
5 Dec 23
RENT
Earnings call transcript
2023 Q2
8 Sep 23
RENT
Earnings call transcript
2023 Q1
7 Jun 23
RENT
Earnings call transcript
2023 Q4
12 Apr 23
RENT
Earnings call transcript
2022 Q3
8 Dec 22
RENT
Earnings call transcript
2022 Q2
13 Sep 22
RENT
Earnings call transcript
2022 Q1
10 Jun 22
RENT
Earnings call transcript
2021 Q4
14 Apr 22
RENT
Earnings call transcript
2021 Q3
9 Dec 21
Latest ownership filings
4
Cara Schembri
19 Mar 24
4
Becky Case
19 Mar 24
4
Zachary Benjamin Phillips
19 Mar 24
4
Siddharth Thacker
19 Mar 24
4
Natalie McGrath
19 Mar 24
4
Andrew Rau
19 Mar 24
4
Sarah K Tam
19 Mar 24
4
Jennifer Hyman
19 Mar 24
144
Notice of proposed sale of securities
19 Mar 24
144
Notice of proposed sale of securities
15 Mar 24
Financial summary
Quarter (USD) | Oct 23 | Jul 23 | Apr 23 | Jan 23 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Jan 23 | Jan 22 | |
---|---|---|---|
Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 115.90 mm | 115.90 mm | 115.90 mm | 115.90 mm | 115.90 mm | 115.90 mm |
Cash burn (monthly) | 5.93 mm | 5.83 mm | 10.57 mm | 9.58 mm | 1.20 mm | 1.33 mm |
Cash used (since last report) | 29.26 mm | 28.76 mm | 52.10 mm | 47.25 mm | 5.92 mm | 6.57 mm |
Cash remaining | 86.64 mm | 87.14 mm | 63.80 mm | 68.65 mm | 109.98 mm | 109.33 mm |
Runway (months of cash) | 14.6 | 14.9 | 6.0 | 7.2 | 91.7 | 82.0 |
Institutional ownership, Q3 2023
75.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 82 |
Opened positions | 12 |
Closed positions | 11 |
Increased positions | 16 |
Reduced positions | 26 |
13F shares | Current |
---|---|
Total value | 26.77 bn |
Total shares | 51.29 mm |
Total puts | 108.90 k |
Total calls | 341.80 k |
Total put/call ratio | 0.3 |
Largest owners | Shares | Value |
---|---|---|
Bain Capital Venture Investors | 8.18 mm | $5.56 bn |
Bain Capital Venture Fund 2009 | 7.64 mm | $62.30 mm |
T. Rowe Price Investment Management | 4.31 mm | $2.95 bn |
Highland Management Partners VIII Limited Partnership | 4.26 mm | $34.69 mm |
Technology Crossover Management VIII | 3.95 mm | $2.69 bn |
Ares Management | 3.39 mm | $2.31 bn |
BLK Blackrock | 2.99 mm | $2.03 bn |
Divisar Capital Management | 2.80 mm | $1.90 bn |
Vanguard | 2.51 mm | $1.71 bn |
KPCB XIV Associates | 2.03 mm | $1.38 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
18 Mar 24 | Cara Schembri | Class A Common Stock | Sell | Dispose S | No | Yes | 0.3476 | 47,419 | 16.48 k | 650,634 |
18 Mar 24 | Siddharth Thacker | Class A Common Stock | Sell | Dispose S | No | Yes | 0.3476 | 15,041 | 5.23 k | 1,101,646 |
15 Mar 24 | Becky Case | Class A Common Stock | Grant | Acquire A | No | No | 0 | 275,000 | 0.00 | 625,899 |
15 Mar 24 | Zachary Benjamin Phillips | Class A Common Stock | Grant | Acquire A | No | No | 0 | 275,000 | 0.00 | 384,258 |
15 Mar 24 | Natalie McGrath | Class A Common Stock | Grant | Acquire A | No | No | 0 | 400,000 | 0.00 | 400,000 |
15 Mar 24 | Cara Schembri | Class A Common Stock | Grant | Acquire A | No | No | 0 | 300,000 | 0.00 | 698,053 |
15 Mar 24 | Siddharth Thacker | Class A Common Stock | Grant | Acquire A | No | No | 0 | 450,000 | 0.00 | 1,116,687 |
News
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26 Mar 24
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20 Mar 24
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