Stock Market News
Rent the Runway reports quarterly revenue above estimates
2022.04.13 23:28
FILE PHOTO: The Rent The Runway store, an online subscription service for women to rent designer dress and accessory items, is seen in New York City, New York, U.S., September 12, 2019. REUTERS/Shannon Stapleton
(Reuters) – Rent the Runway on Wednesday reported a 91% jump in fourth-quarter revenue, beating Wall Street estimates.
The company reported revenue of $64.1 million, above estimates of $63.22 million, according to IBES data from Refinitiv.
