Added to YB: 2026-01-21
Pitch date: 2026-01-19
RENT [bearish]
Rent the Runway, Inc.
+19.47%
current return
Author Info
No bio for this author
Company Info
Rent the Runway, Inc. operates shared designer closet in the United States. The company provides evening wear and accessories, ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear, and ski wear under subscription, rental, and resale offering.
Market Cap
$268.5M
Pitch Price
$7.91
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.55
P/E
3.32
EV/Sales
1.34
Sector
Specialty Retail
Category
special_situation
Rent the Runway $RENT short thesis
RENT (short): Poor margins, declining biz, negative book value. Recent debt restructuring gave creditors 85% at 65c/$, diluting shares 4M→33M. Aranda (Singapore credit fund) likely to dump shares when lockup ends May 2026, creating selling pressure. Trading near $9 breakeven level. Revenue up 16% but unprofitable growth worsening op losses.
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