Rent the Runway rises on annual revenue forecast growth

Rent the Runway

12/12/2025 14:12

** Shares of clothing rental service Rent the Runway RENT.O up about 15% at $6.44 premarket

** Expects annual revenue forecast growth between $323.1 million and $325.1 million compared to $306.2 million in FY2024

** Co's Q3 revenue rise 15.4% to $87.6 million

** Posts Q3 net income of $76.5 million vs a loss of $18.9 million last year

** "This year we've repositioned ourselves for sustained growth in the category," says CEO Jennifer Hyman

** As of last close, stock up ~34% YTD

 (Reporting by Koyena Das from Bengaluru)

 ((Koyena.das@thomsonreuters.com))