The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Matt O'Connor - Citizens JMP Securities, LLC - Analyst
: Great. Thank you for taking my questions. And my first one is just on resurrecting past users. Can you just talk about what you're seeing there
currently? And then maybe just talk about the broader opportunity.
Question: Matt O'Connor - Citizens JMP Securities, LLC - Analyst
: Great. That's very helpful. And then my second one is just on the reserve business. Going off of your point on just the cross-functional teams,
understood that that's contributing to the success that you guys are having there. But maybe just from a product perspective, what do you see
that these teams are coming up with that's really driving the acceleration in that business?
Question: Matt O'Connor - Citizens JMP Securities, LLC - Analyst
: Thank you so much.
Question: Ashley Helgans - Jefferies - Analyst
: Hi, it's Don Bradley. Thanks for taking our question. Wondering to start off with marketing. You talked about several different exciting marketing
initiatives. Can you discuss your willingness to lean into marketing to stimulate sales growth, kind of depending on what ROIs you see? And maybe
if you could kind of talk about what you're most excited about in terms of your marketing initiatives in the second half?
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SEPTEMBER 05, 2024 / 8:30PM, RENT.OQ - Q2 2024 Rent the Runway Inc Earnings Call
Question: Ashley Helgans - Jefferies - Analyst
: That's really helpful. And then wanted to revisit in light of kind of challenged consumer wanted to revisit your decision to reduce promos? And just
kind of talk about learnings from that decision so far and how you're thinking about your price points.
Question: Ashley Helgans - Jefferies - Analyst
: That's great color. Thanks so much. And best of luck.
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consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies.
SEPTEMBER 05, 2024 / 8:30PM, RENT.OQ - Q2 2024 Rent the Runway Inc Earnings Call
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