Rent the Runway Inc
For the period ended Jul 31, 2024. Filed Sep 6, 2024.
View on SEC.govAbout this filing
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.
Jul 31, 2024 · Filed Sep 6, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
6. Rental Product, Net
RENT THE RUNWAY, INC.Notes to Condensed Consolidated Financial Statements
- Rental Product, Net
Rental product, net consisted of the following:
| July 31, | January 31, | |
|---|---|---|
| 2024 | 2024 | |
| Apparel | $156.2 | $165.3 |
| Accessories | 5.9 | 6.6 |
| 162.1 | 171.9 | |
| Less: accumulated depreciation | (76.2) | (77.9) |
| Rental product, net | $85.9 | $94.0 |
Depreciation and write-offs relatedto rental product, including write-offs of rental products sold, was $16.2 million and $12.8 million for the three months ended July 31, 2024 and 2023, respectively, and $31.1 million and $24.9 million for the six months ended July 31, 2024 and 2023, respectively.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.