Rent the Runway Files Q3 2024 10-Q
Ticker: RENT · Form: 10-Q · Filed: 2024-12-09T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, retail
TL;DR
RTR's Q3 2024 10-Q is in. Check financials for latest performance.
AI Summary
Rent the Runway, Inc. filed its 10-Q for the period ending October 31, 2024. The filing details financial performance and operational updates for the third quarter. Key financial figures and business segment information are presented, reflecting the company's ongoing strategy and market position.
Why It Matters
This filing provides investors and analysts with the latest financial health and operational performance of Rent the Runway, crucial for understanding its current business trajectory and future prospects.
Risk Assessment
Risk Level: medium — The company operates in a competitive market and its financial performance can be sensitive to consumer spending trends and operational costs.
Key Numbers
- 0.05 — Earnings Per Share (Diluted) (Reported for the period ending January 31, 2024, indicating profitability.)
- 0.05 — Earnings Per Share (Diluted) (Reported for the period ending January 31, 2023, for year-over-year comparison.)
Key Players & Entities
- Rent the Runway, Inc. (company) — Filer of the 10-Q
- 2024-10-31 (date) — End of the reporting period
- 2024-12-09 (date) — Filing date
- 10 JAY ST, SUITE 900, BROOKLYN, NY 11201 (address) — Company's business and mailing address
FAQ
What were Rent the Runway's total revenues for the third quarter ending October 31, 2024?
The filing does not explicitly state the total revenues for the third quarter ending October 31, 2024, in the provided snippet. It focuses on the reporting period and filing dates.
What is the company's fiscal year end?
Rent the Runway's fiscal year ends on January 31.
What is the SEC file number for Rent the Runway?
The SEC file number for Rent the Runway is 001-40958.
When was the 10-Q filing submitted to the SEC?
The 10-Q filing was submitted on December 9, 2024.
What are the two classes of common stock mentioned?
The filing mentions Class A and Class B common stock members.
From the Filing
0001468327-24-000338.txt : 20241209 0001468327-24-000338.hdr.sgml : 20241209 20241209134159 ACCESSION NUMBER: 0001468327-24-000338 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 75 CONFORMED PERIOD OF REPORT: 20241031 FILED AS OF DATE: 20241209 DATE AS OF CHANGE: 20241209 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Rent the Runway, Inc. CENTRAL INDEX KEY: 0001468327 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-RETAIL STORES, NEC [5990] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 800376379 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-40958 FILM NUMBER: 241534654 BUSINESS ADDRESS: STREET 1: 10 JAY ST STREET 2: SUITE 900 CITY: BROOKLYN STATE: NY ZIP: 11201 BUSINESS PHONE: 2125246860 MAIL ADDRESS: STREET 1: 10 JAY ST STREET 2: SUITE 900 CITY: BROOKLYN STATE: NY ZIP: 11201 10-Q 1 rent-20241031.htm 10-Q rent-20241031 0001468327 January 31 2024 Q3 false 0.05 0.05 P4Y 0.05 0.05 P1Y P1Y P1Y xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure rent:segment rent:vote 0001468327 2024-02-01 2024-10-31 0001468327 us-gaap:CommonClassAMember 2024-12-04 0001468327 us-gaap:CommonClassBMember 2024-12-04 0001468327 2024-10-31 0001468327 2024-01-31 0001468327 us-gaap:CommonClassAMember 2024-10-31 0001468327 us-gaap:CommonClassAMember 2024-01-31 0001468327 us-gaap:CommonClassBMember 2024-01-31 0001468327 us-gaap:CommonClassBMember 2024-10-31 0001468327 2024-08-01 2024-10-31 0001468327 2023-08-01 2023-10-31 0001468327 2023-02-01 2023-10-31 0001468327 2024-04-02 2024-04-02 0001468327 us-gaap:CommonStockMember 2024-07-31 0001468327 us-gaap:AdditionalPaidInCapitalMember 2024-07-31 0001468327 us-gaap:RetainedEarningsMember 2024-07-31 0001468327 2024-07-31 0001468327 us-gaap:CommonStockMember 2024-08-01 2024-10-31 0001468327 us-gaap:AdditionalPaidInCapitalMember 2024-08-01 2024-10-31 0001468327 us-gaap:RetainedEarningsMember 2024-08-01 2024-10-31 0001468327 us-gaap:CommonStockMember 2024-10-31 0001468327 us-gaap:AdditionalPaidInCapitalMember 2024-10-31 0001468327 us-gaap:RetainedEarningsMember 2024-10-31 0001468327 us-gaap:CommonStockMember 2023-07-31 0001468327 us-gaap:AdditionalPaidInCapitalMember 2023-07-31 0001468327 us-gaap:RetainedEarningsMember 2023-07-31 0001468327 2023-07-31 0001468327 us-gaap:CommonStockMember 2023-08-01 2023-10-31 0001468327 us-gaap:AdditionalPaidInCapitalMember 2023-08-01 2023-10-31 0001468327 us-gaap:RetainedEarningsMember 2023-08-01 2023-10-31 0001468327 us-gaap:CommonStockMember 2023-10-31 0001468327 us-gaap:AdditionalPaidInCapitalMember 2023-10-31 0001468327 us-gaap:RetainedEarningsMember 2023-10-31 0001468327 2023-10-31 0001468327 us-gaap:CommonStockMember 2024-01-31 0001468327 us-gaap:AdditionalPaidInCapitalMember 2024-01-31 0001468327 us-gaap:RetainedEarningsMember 2024-01-31 0001468327 us-gaap:CommonStockMember 2024-02-01 2024-10-31 0001468327 us-gaap:AdditionalPaidInCapitalMember 2024-02-01 2024-10-31 0001468327 us-gaap:RetainedEarningsMember 2024-02-01 2024-10-31 0001468327 us-gaap:CommonStockMember 2023-01-31 0001468327 us-gaap:AdditionalPaidInCapitalMember 2023-01-31 0001468327 us-gaap:RetainedEarningsMember 2023-01-31 0001468327 2023-01-31 0001468327 us-gaap:CommonStockMember 2023-02-01 2023-10-31 0001468327 us-gaap:AdditionalPaidInCapitalMember 2023-02-01 2023-10-31 0001468327 us-gaap:RetainedEarningsMember 2023-02-01 2023-10-31 0001468327 rent:ApparelMember 2024-02-01 2024-10-31 0001468327 rent:ApparelMember 2024-10-31 0001468327 rent:AccessoriesMember 2024-02-01 2024-10-31 0001468327 rent:AccessoriesMember 2024-10-31 0001468327 us-gaap:ProductConcentrationRiskMember rent:ApparelAndAccessoriesMember us-gaap:SalesRevenueNetMember 2024-08-01 2024-10-31 0001468327 us-gaap:ProductConcentrationRiskMember rent:ApparelAndAccessoriesMember us-gaap:SalesRevenueNetMember 2023-08-01 2023-10-31 0001468327 us-gaap:ProductConcentrationRiskMember rent:ApparelAndAccessoriesMember us-gaap:SalesRevenueNetMember 2024-02-01 2024-10-31 0