Rent the Runway Inc
For the period ended Apr 30, 2024. Filed Jun 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Apr 30, 2024 · Filed Jun 6, 2024
RENT$2.20-2.7%Stored close · as of Nov 10, 2026
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6. Rental Product, Net
- Rental Product, Net
Rental product, net consisted of the following:
| April 30, | January 31, | |
|---|---|---|
| 2024 | 2024 | |
| Apparel | $168.6 | $165.3 |
| Accessories | 7.1 | 6.6 |
| 175.7 | 171.9 | |
| Less: accumulated depreciation | (76.0) | (77.9) |
| Rental product, net | $99.7 | $94.0 |
Depreciation and write-offs related to rental product, including write-offs of rental products sold, was $14.9 million and $12.1 million for the three months ended April 30, 2024 and 2023, respectively.
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