Rent the Runway Reports 20% Subscriber Growth in FY2025 and Reduces Debt
Rent the Runway (RENT) reported a 20% increase in active subscribers to 144,000 in fiscal year 2025, driven by an inventory investment strategy and improved customer experience. The company also reduced its total debt from $319 million to $120 million through a strategic recapitalization. The results indicate a positive shift in customer loyalty and engagement.
Topics: debt reduction earnings inventory investment Net Promoter Score subscriber growth