Rent the Runway (RENT) Q4 2024 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Wed, January 7, 2026 astatine 8:55 AM CST 29 min read

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Tuesday, April 15, 2025 astatine 8:30 a.m. ET

• Chief Executive Officer — Jennifer Hyman

• Chief Financial Officer — Siddharth Thacker

• Head of Investor Relations — Cara Schembri

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Cara Schembri: Good morning, everyone, and acknowledgment for joining america today. During this call, we volition marque references to our Q4 and fiscal twelvemonth 2024 net presentation, which tin beryllium recovered successful the Events & Presentation conception of our Investor Relations website. Before we begin, we would similar to punctual you that this telephone volition see forward-looking statements. These statements see guidance and underlying assumptions for the archetypal 4th of 2025 and fiscal twelvemonth 2025 and statements regarding the interaction of our concern strategies and plans, our quality to thrust subscriber maturation and lawsuit loyalty successful a cost-efficient manner, and our planned increases successful inventory.

These statements are taxable to assorted risks, uncertainties, and assumptions that could origin our existent results to disagree materially. These risks, uncertainties, and assumptions are elaborate successful today's property release, arsenic good arsenic our filings with the SEC, including our Form 10-K that we program to record aboriginal today. We undertake nary work to update immoderate forward-looking statements oregon accusation but arsenic required by law. During this call, we volition besides notation definite non-GAAP fiscal information. The presumption of this non-GAAP fiscal accusation is not intended to beryllium considered successful isolation oregon arsenic a substitute for fiscal accusation presented successful accordance with GAAP.

Reconciliations of GAAP to non-GAAP measures tin beryllium recovered successful our property release, descent presumption posted connected our capitalist website and successful our SEC filings. And with that, I'll crook it implicit to Jen.

Jennifer Hyman: Thank you, Cara, and convey you to everyone for joining today. In Q4, we officially marked 15 years since we founded Rent the Runway to disrupt the retail and manner industry. In those 15 years, we person not lone created a caller marketplace category, inspiring competitors and making covering rental mainstream, but we person built a loyal pursuing of women who we empower each time done our platform. As we've shared implicit the past fewer quarters, we've been executing against a multi-year translation plan. And aft respective years of accrued fiscal discipline, we judge we are present operating from steadier fiscal footing. Most notably, we've proven that we tin run a sustainable, astir break-even business.