Rent the Runway, Inc. Class A Common Stock

That's what the CEO of Rent the Runway said, [according to CNBC](https://www.cnbc.com/2022/04/13/rent-the-runway-rent-q4-2021-loss.html).

In the article, the CEO of Rent the Runway noted that the company is benefiting from a strong rental environment as customers seek stability and value during these times.

At the same time, management noted that they will increase the price of their membership plans as a way to help offset their own rising costs.

With more consumers spending on experiences and less on things, the environment is highly favorable towards Rent the Runway, a company that makes money by renting out nice outfits. **Plus, the business correlates strongly with consumer spending on experiences.**

With profitability as their main goal during this time, I feel confident that the company will reach profitability sooner than we realize.

What a cool business model! Has inflation impacted their business in any negative ways though? I would imagine cost of clothing is rising as well and that would increase their expenses

Django Brooks

On Wednesday, the fashion rental platform reported fiscal fourth-quarter revenue ahead of analysts' estimates along with a narrower-than-expected loss. 

https://www.cnbc.com/2022/04/13/rent-the-runway-rent-q4-2021-loss.html

Rent the Runway CEO sees inflation as a competitive advantage for the company

Rent the Runway $RENT is benefiting massively from the inflation crisis

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