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Hire the Runway’s Opening Look Underwhelms

Hire the Runway might have actually used a Hadid sister to carry its figures to life.

The style-rental firm launched its first earnings report Wednesday since going public in late October. For the interval ended Oct. 31, income of $59 million and lack of $5.6 million on the premise of adjusted earnings earlier than curiosity, taxes, depreciation and amortization had been each modestly higher than analysts’ forecasts, whereas steering for each metrics for the present quarter got here in roughly in line.

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