Rent the Runway, Inc. (RENT) Q4 2024 Earnings Call

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WEBVTT 00:00:01.297 -- 00:00:06.523 Welcome to Rent the Runway's fourth quarter and fiscal year 2024 earnings results 00:00:06.523 -- 00:00:11.089 conference call. At this time, all participants are in a listen-only mode. 00:00:11.089 -- 00:00:14.994 A question and answer session will follow the formal presentation. 00:00:14.994 -- 00:00:17.837 As a reminder, this conference is being recorded. 00:00:17.837 -- 00:00:22.222 I would now like to turn the call over to Rent the Runway's Chief Legal and Administrative 00:00:22.222 -- 00:00:27.046 Officer, Kara Schembri. Thank you. You may begin. 00:00:27.469 -- 00:00:30.254 Good morning, everyone, and thanks for joining us today. 00:00:30.254 -- 00:00:36.142 During this call, we will make references to our Q4 and fiscal year 2024 earnings presentation, 00:00:36.142 -- 00:00:41.089 which can be found in the events and presentation section of our investor relations website. 00:00:41.089 -- 00:00:44.553 Before we begin, we would like to remind you that this call will include forward-looking 00:00:44.553 -- 00:00:48.779 statements. These statements include guidance and underlying assumptions for the first 00:00:48.779 -- 00:00:54.026 quarter of 2025 and fiscal year 2025, and statements regarding the impact 00:00:54.026 -- 00:00:58.292 of our business strategies and plans, our ability to drive subscriber growth and customer 00:00:58.292 -- 00:01:03.155 loyalty in a cost-efficient manner, and and our planned increases in inventory. 00:01:03.155 -- 00:01:07.121 These statements are subject to various risks, uncertainties, and assumptions that could 00:01:07.121 -- 00:01:09.885 cause our actual results to differ materially. 00:01:09.885 -- 00:01:13.611 These risks, uncertainties, and assumptions are detailed in today's press releas...