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Rent the Runway reported revenue growth of 20.8%, a notable acceleration for the fashion rental company, according to a financial review of its latest results. The growth figure has drawn attention as the company works to demonstrate a sustainable path to profitability. Analysts questioned whether the higher spending behind the revenue gains will translate into durable free cash flow, a key metric investors are watching as the company seeks to prove its subscription model can scale profitably.
Sources:Yahoo Finance