Rent the Runway, Inc. (RENT) Q2 2027 Earnings Call Prepared Remarks Transcript

Rent the Runway, Inc. ( RENT ) Q2 2027 Earnings Call September 11, 2026 8:30 AM EDT Company Participants Cara Schembri - Chief Legal, Secretary & Administrative Officer Teri Bariquit - Interim CEO, Interim President & Director David Loretta - Interim Chief Financial Officer Presentation Operator Welcome to Rent the Runway's Second Quarter 2026 Earnings Results Conference Call.

As a reminder, this call was recorded.

I would now like to turn the call over to Rent the Runway's Chief Legal and Administrative Officer, Cara Schembri.

Thank you, Cara.

You may begin.

Cara Schembri Chief Legal, Secretary & Administrative Officer Hello, everyone, and thanks for dialing in today.

We would like to remind you that this call will include forward-looking statements.

These statements include guidance and underlying assumptions for the third fiscal quarter of 2026 and the fiscal year 2026, and statements regarding our business strategies and initiatives, inventory plans, execution and progress against our goals, and leadership transition.

These statements are subject to various risks, uncertainties and assumptions that could cause our actual results to differ materially.

These risks, uncertainties and assumptions are detailed in today's press release and our Form 10-Q.

We have no obligation to update any forward-looking statements or information except as required by law.

During this call, we will also reference certain non-GAAP financial information.

The presentation of this non-GAAP financial information is not intended to be considered in isolation or as a substitute for financial information presented in accordance with GAAP.

Reconciliation of GAAP to non-GAAP measures can be found in our press release and in our SEC filings.

And with that, I'll turn it over to Teri Bariquit, our Interim CEO.

Teri Bariquit Interim CEO, Interim President & Director Thank you, Cara, and thank you all for joining today.

Before we turn to the quarter, I want to share an important