Rent-A-Center Becomes Upbound Group As Q4 Sales, Earnings Slip

Inflation Cuts Into Rent-A-Center Q2 Earnings

In the second quarter, Rent-A-Center saw earnings slip as inflation squeezed its lower-income customers, but it still managed to profit better than Wall Street expected. Net earnings were $19.7 million, or 33 cents per diluted share, versus $61.3 million, or 90 cents...