Rent the Runway is engaged in the operation of e-commerce platform with shared designer closet that gives customers access to its subscription offering or the ability to rent a-la-carte through its reserve offering. Co. also gives its subscribers and customers to buy its products through its Resale offering. Co.'s Closet in the Cloud provides items for evening wear and accessories to ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear, ski wear, home goods and kidswear. Co. generates sales from its Subscription, Reserve and Resale offerings. The RENT stock yearly return is shown above.
The yearly return on the RENT stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2023 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the RENT annual return calculation with any dividends reinvested as applicable (on ex-dates).
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