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Rent the Runway, Inc. (NASDAQ:RENT) reported on September 11 that revenue for the quarter ended July 31 increased 20.8% to $97.7 million. Quarter-end active subscribers fell 3.8% to 140,826. The active count excludes paused memberships. Average active subscribers increased 1% to 148,259, based on the mean of beginning and ending counts. Revenue growth is encouraging, […]
Moby summary of Rent the Runway, Inc.'s Q2 2026 earnings call
Rent the Runway Inc (RENT) posted record Q2 2026 revenue of $98 million with expanding margins, but active subscribers fell 3.8% as the company names Paige Thomas as its new CEO.
The subscription retailer introduced tools that let customers view entire outfits and enable virtual try-ons, but its financial results remain under pressure.
The retail veteran will help the company sharpen its focus on its core business and renting and selling fashion.
Paige Thomas, who starts Monday, is one of a cohort hailing from the department store, including interim CEO Teri Bariquit.
Revenue Grew to $97.7M, up 20.8% YoY Gross margin expansion of 609 basis points Reaffirms FY26 Guidance for Revenue and Adjusted EBITDA Announces Paige Thomas as Chief Executive Officer and President and Teri Bariquit as Chair of the Board NEW YORK, Sept. 11, 2026 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (“Rent the Runway” or "RTR") (NASDAQ: RENT), the company transforming the way women get dressed, today reported financial results for the fiscal quarter ended July 31, 2026. Second quarter resu
NEW YORK, Aug. 21, 2026 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (“Rent the Runway”) (Nasdaq: RENT) announced today that it expects to release its second quarter 2026 financial results for the quarter ended July 31, 2026 on Friday, September 11, 2026, before market open. Rent the Runway will host a pre-recorded conference call and webcast with the investment community at 8:30 a.m. Eastern Time that same day to discuss its results and to provide a business update. The financial results and webca
The Kroger Co. (NYSE:KR) today announced that Nate Faust will join the company as Executive Vice President and Chief eCommerce Officer, effective September 1, 2026.
The apparel rental market is notoriously difficult to crack. Rent the Runway continues to struggle, and brands such as Ralph Lauren and Banana Republic exited those services.
Babylist, the leading platform for growing families, today announced that founder and CEO Natalie Gordon will transition into the role of Executive Chair. Jennifer Hyman, co-founder and former CEO of Rent the Runway, will succeed Gordon as Chief Executive Officer, effective September 9, 2026.
Babylist founder Natalie Gordon will become executive chair, in a rare founder-to-founder CEO transition.
Story3’s Peter Comisar and interim CEO Teri Bariquit talk about the company’s changes and opportunities after a recapitalization last year.
Menswear rental is evolving beyond convenience. Learn how platforms like Taelor are giving brands new customer insights to inform merchandising decisions.
MTS Logistics, a NYC-based freight forwarder and shipping company, announced this week it had raised over $100,000 for Spectrum Works, a New Jersey non-profit organization that provides job training, workforce development, and career opportunities to young adults with autism. The funds were raised through the 16th Annual Bike Tour with MTS for Autism event, a landmark event in shipping and logistics that has been held annually over the past 16 years and has collectively raised over $700,000 for
COLUMBIA, Mo., June 10, 2026 (GLOBE NEWSWIRE) -- EquipmentShare.com Inc (Nasdaq: EQPT) (“EquipmentShare” or the “Company”), a leader in connected jobsite technology and one of the largest equipment rental providers in the United States, announced the appointment of Damian Giangiacomo and Harley Miller to its Board of Directors (the “Board”), effective June 8, 2026. Mr. Giangiacomo will also serve as a member of the Board’s Audit Committee. Following the successful completion of EquipmentShare’s
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