Company Insights
Rent The Runway aspired to be the ‘Amazon Prime of Rental.’ That dream never made any sense
Fashion rental startup Rent the Runway touted an audacious goal for about a year: become the “Amazon Prime of Rental.
Reporter
Cailley LaPara
Earnings
Dependence on subscriber growth leaves Rent the Runway on narrow path to profits
As Rent the Runway wraps up its first year on the stock market, the company is expected to see continued revenue growth as it seeks profitability.
Earnings
McDonald’s growth remained strong in third quarter as inflation ate into profits
McDonald’s Corp. on Thursday posted strong growth in a key sales metric, demonstrating the company’s resilience in a turbulent economy as it dominates competitors.
Rent the Runway
Rent the Runway plans heavy job cuts as subscribers drop off
Rent the Runway (RENT) announced plans to lay off nearly a quarter of its employees, a sign that the luxury apparel rental company is adjusting painfully to an uncertain retail environment.
Cigna
Immune to market slump, these four major healthcare stocks are on an expansion kick
The economy may be ailing but dominant healthcare stocks have so far resisted infection, and look poised to continue thriving.