Analysts forecast a major shift in consumer spending in the latter half of 2021. The outlook for the apparel, accessories, and luxury goods is neutral. Rent the Runway Inc does not currently pay a dividend. Analysts expect adjusted earnings to reach $-1.748 per share for the current fiscal year. Year-over-year quarterly sales growth most recently was 17.6%. Rent the Runway Inc’s trailing 12-month revenue is $296.4 million with a -46.8% profit margin. Rent the Runway Inc does not have a meaningful P/E due to negative earnings over the last 12 trailing months.

Read on to find out how ( RENT) grades on certain investment factors and determine whether it meets your investment needs.Īs of June 02, 2023, Rent the Runway Inc had a $134.3 million market capitalization, putting it in the 39th percentile of companies in the Apparel & Accessories industry. This is also a great way to keep an eye on items you may be interested in, but aren't sure if you're ready to buy just yet.Learn more about whether Rent the Runway Inc is a good stock to buy or sell based on recent news as well as its key financial metrics. Then, when you're done shopping, you can head over to the likes section (the heart-shaped icon) and filter through the pieces you might actually want to buy. Another great feature is that The RealReal lets you like items you're interested in while scrolling through the site. Every piece has a description of its condition, so you know if you should expect any discoloration, scratches, stains, or holes. Why you'll love it: Along with a great selection of luxury items, one of the best parts about The RealReal is that there is always a wide range of pieces on sale, so you can snag even better prices. There's a team of over 90 experts (including gemologists, art curators, and horologists) evaluating and authenticating every piece, so you can be sure what you're buying is legitimate. In addition to clothing, shoes, and accessories, The RealReal curates luxury home decor and fine art. How it works: The RealReal is an online luxury consignment shop that boasts a wide selection of luxury and designer goods. You can also sort by price range, from under $50 to 'splurge-worthy' where you can find deals on high-end designer dresses from the likes of Derek Lam and Nina Ricci. It has advanced filters like weather, event formality, age, and more that help you find the right outfit for your needs. Why you'll love it: The site does a great job of helping you find what you're looking for. Not only does RTR have dresses, but you can buy clothing, jewelry, and other accessories on sale. The sale styles are gently used, but you can snag them at up to 75% off the retail price. A lesser-known asset of Rent the Runway though is their clearance section, where you can purchase designer goods that are finished with their rental rotation. This ultimately allows you to wear designer clothes at a fraction of the cost. How it works: Rent the Runway is known for its unique clothing rental service, which allows you to rent dresses for short periods of time instead of buying them or subscribe to a rotation of items every month.

Rent the runway stock