Rent-A-Center

Rent-A-Center, Inc. engages in the provision of furniture, electronics, appliances, computers, and smartphones through flexible rental purchase agreements. It operates through the following segments: Rent-A-Center Business, Preferred Lease, Mexico, and Franchising. The Rent-A-Center Business segment consists of company-owned rent-to-own stores in the United States and Puerto Rico. The Preferred Lease segment offers an on-site rent-to-own option at a third-party retailer's location. The Mexico segment consists of its company-owned rent-to-own stores in Mexico. The Franchising segment sells rental merchandise to its franchisees. The company was founded by Mark E. Speese on September 16, 1986 and is headquartered in Plano, TX.

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Upbound Group, Inc. engages in the provision of furniture, electronics, appliances, computers, and smartphones through flexible rental purchase agreements. It operates through the following segments: Rent-A-Center Business, Preferred Lease, Mexico, and Franchising. The Rent-A-Center Business segment consists of company-owned rent-to-own stores in the United States and Puerto Rico. The Preferred Lease segment offers an on-site rent-to-own option at a third-party retailer's location. The Mexico segment consists of its company-owned rent-to-own stores in Mexico. The Franchising segment sells rental merchandise to its franchisees. The company was founded by Mark E. Speese on September 16, 1986 and is headquartered in Plano, TX.

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Just when investors thought that rising prices slipped into the rearview mirror, market participants now find themselves scrambling for smart stocks to buy when interest rates rise. Of course, the spiked demand centers on a key consumer report which indicated that inflation remains stubbornly high.

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Rent-A-Center (RCII) fourth-quarter results reflect soft revenues across most segments.

Rent-A-Center (RCII) Q4 Earnings Top Estimates, Sales Decline

Rent-A-Center, Inc. (NASDAQ:RCII ) Q4 2022 Earnings Conference Call February 23, 2023 9:00 AM ET Company Participants Brendon Metrano - Vice President, Investor Relations Mitch Fadel - Chief Executive Officer Fahmi Karam - Chief Financial Officer Conference Call Participants Bobby Griffin - Raymond James Jason Haas - Bank of America Vincent Caintic - Stephens Brad Thomas - KeyBanc Capital Markets Anthony Chukumba - Loop Capital Alex Fuhrman - Craig-Hallum Operator Good day and thank you for standing by. Welcome to the Upbound Group formerly Rent-A-Center's Fourth Quarter 2022 Earnings Conference Call.

Rent-A-Center, Inc. (RCII) Q4 2022 Earnings Call Transcript

Rent-A-Center (RCII) delivered earnings and revenue surprises of 14.67% and 0.64%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Rent-A-Center (RCII) Beats Q4 Earnings Estimates

Upbound Group Inc

PLANO, Texas--(BUSINESS WIRE)--Rent-A-Center, Inc. (the "Company" or "Rent-A-Center") (NASDAQ:RCII), now known as Upbound Group, Inc. (the "Company" or "Upbound") (NASDAQ:UPBD, effective February 27, 2023) today announced results for the quarter and year ended December 31, 2022.

Rent-A-Center, Inc., Now Upbound Group, Inc., Reports Fourth Quarter and Full Year 2022 Results

A tough economy hits hardest for those with lower incomes and poor to no credit, which is where rent-to-own and lease-to-own can be a lifesaver — and in many ways, they are — even as the biggest players in the space keep a hand on the tiller in terms of delinquencies.

Rebranded Rent-A-Center Sees BNPL as Complimentary to Long-Term Growth

PLANO, Texas--(BUSINESS WIRE)--Rent-A-Center, Inc., the ultimate parent entity for Rent-A-Center®, Acima® and other consumer brands, today announced it will now be known as Upbound Group, Inc. (the “Company” or “Upbound”), an omni-channel platform company that enables a broader range of consumers to access flexible financial solutions. The Company will begin to trade under the ticker NASDAQ: UPBD starting on February 27th.

Rent-A-Center, Inc. Is Now Upbound Group, Inc., Advancing Its Mission to Elevate Financial Opportunity for All

PLANO, Texas--( BUSINESS WIRE )--Rent-A-Center, Inc. (NASDAQ/NGS: RCII) today announced that it will report fourth quarter and full year 2022 financial results on February 23rd and will host a conference call beginning at 9:00 a.m. ET to discuss the results.

Rent-A-Center, Inc. Announces Timing of Fourth Quarter and Full-Year 2022 Financial Results

LINCOLN, Neb.--( BUSINESS WIRE )--Rent-A-Center Store Manager Raffi Howrey and his sales team are pleased to offer the residents of Lincoln an option when it comes to acquiring ownership of high-quality furniture, appliances, electronics and computers.

Rent-A-Center Opens Store in Lincoln, Nebraska

PLANO, Texas--( BUSINESS WIRE )--Rent-A-Center, Inc. (NASDAQ: RCII) (“Rent-A-Center” or the “Company”), a leader in the lease-to-own industry, is proud to support the American Red Cross with $100,000 in donations towards disaster relief efforts across the country this year.

Rent-A-Center Donates $100,000 to the American Red Cross

The consumer is constrained right now, and 2023 could bring more issues. I see much of that pessimism priced into shares of Rent-A-Center.

Rent-A-Center: A Compelling Value Case With Strong Free Cash Flow

PLANO, Texas--( BUSINESS WIRE )--Rent-A-Center, Inc. (NASDAQ/NGS: RCII), a leading provider of technology driven, flexible, no debt obligation leasing solutions for consumers, today announced that its Board of Directors has approved a quarterly cash dividend of $0.34 for the first quarter of 2023. The dividend will be paid on January 10, 2023, to the Company's common stockholders of record as of the close of business on December 20, 2022.

Rent-A-Center, Inc. Declares Quarterly Cash Dividend of $0.34 for the First Quarter of 2023

NEW YORK--( BUSINESS WIRE )--Rent-A-Center Store Manager Melanie Montanez and her sales team are pleased to offer the residents of Queens an option when it comes to acquiring ownership of high-quality furniture, appliances, electronics and computers.

Rent-A-Center opens store in Queens, New York

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Rent-A-Center (RCII) reported earnings 30 days ago. What's next for the stock?

Why Is Rent-A-Center (RCII) Up 10.5% Since Last Earnings Report?

PLANO, Texas--( BUSINESS WIRE )--Acima Leasing, a leading provider of lease-to-own ("LTO") services for merchants and consumers and Fintech platform of Rent-A-Center, Inc. (NASDAQ/NGS: RCII), is pleased to announce an agreement with CITY Furniture, a Florida-based home furnishings retailer. Acima was chosen as the exclusive lease-to-own platform for CITY's e-commerce site and approximately 23 showrooms across Florida.

Acima Selected as Exclusive Lease-to-Own Provider of CITY Furniture

PLANO, Texas--( BUSINESS WIRE )--Acima Leasing, a leading provider of lease-to-own (“LTO”) services for merchants and consumers and Fintech platform of Rent-A-Center, Inc. (NASDAQ/NGS: RCII), is pleased to announce a multi-year agreement with Sleep Outfitters, a leading sleep solutions provider, to be the exclusive lease-to-own platform for their e‑commerce site and over 120 stores in Alabama, Arizona, Florida, Indiana, Kansas, Kentucky, Missouri, Ohio, Tennessee, and West Virginia.

Acima and Sleep Outfitters Partner to Bring Great Sleep to Underserved Consumers

PLANO, Texas--(BUSINESS WIRE)--Rent-A-Center, Inc. (the "Company" or "Rent-A-Center") (NASDAQ/NGS: RCII), a leading provider of technology driven and flexible leasing solutions for consumers and merchants, today announced that Mitch Fadel, CEO, and Fahmi Karam, CFO, will participate in a Fireside Chat presentation at the 2022 Stephens Annual Investment Conference in Nashville, TN on Tuesday, November 15, at 9:00 AM ET.

Rent-A-Center, Inc. to Participate in the 2022 Stephens Annual Investment Conference

Rent-A-Center's (RCII) third-quarter 2022 revenues drop year over year due to lower merchandise sales and a fall in rental revenues in the Acima and the Rent-A-Center Business units.

Rent-A-Center (RCII) Q3 Earnings Beat Mark, Revenues Fall Y/Y

Rent-A-Center, Inc. (NASDAQ:RCII ) Q3 2022 Earnings Conference Call November 1, 2022 8:30 AM ET Company Participants Mitch Fadel - CEO Fahmi Karam - CFO Brendan Metrano - VP, IR Conference Call Participants Jason Haas - Bank of America Kyle Joseph - Jefferies John Rowan - Janney Montgomery Scott Anthony Chukumba - Loop Capital Markets Bobby Griffin - Raymond James Carla Casella - JPMorgan Brad Thomas - KeyBanc Capital Markets Vincent Caintic - Stephens, Inc. Operator Good day and thank for standing by. Welcome to Rent-A-Center's third quarter 2022 earnings conference call.

Rent-A-Center, Inc. (RCII) Q3 2022 Earnings Call Transcript

So far this year, Rent-A-Center Inc. ( RCII , Financial) has not had a good year. We could blame the generally bad economic situation, but I also think the company's 2020 acquisition of Acima is partially to blame, as it is still wreaking havoc on Rent-A-Center's financials to this day.

Rent-A-Center: A Big Dividend Opportunity?

Rent-A-Center (RCII) delivered earnings and revenue surprises of 6.82% and 1.45%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Rent-A-Center (RCII) Tops Q3 Earnings and Revenue Estimates

PLANO, Texas--(BUSINESS WIRE)--Rent-A-Center, Inc. (the "Company" or "Rent-A-Center") (NASDAQ:RCII) today announced results for the quarter ended September 30, 2022.

Rent-A-Center, Inc. Reports Third Quarter 2022 Results

Rent-A-Center (RCII) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Rent-A-Center (RCII) Q3 Earnings Expected to Decline

PLANO, Texas--(BUSINESS WIRE)--Rent-A-Center, Inc. (NASDAQ/NGS: RCII) today announced it will host a conference call on Thursday, November 3rd, 8:30 a.m.

News for Rent-A-Center Stock (RCII)