by Mike Duff | Jul 26, 2023 | Retail Articles
In celebration of its 50th anniversary, Rent-A-Center has launched a 50-day campaign aimed to engage and energize coworkers, celebrate customers and invite consumers who haven’t done so to experience the rent-to-own industry. The company announced that the...
by Mike Duff | Feb 24, 2023 | Retail Articles
As it reported fourth-quarter and full-year financial results, which beat a Wall Street earnings estimate despite being down year over year, Rent-A-Center announced it was changing its corporate name to Upbound Group, with its banners retaining their identities. Net...
by Mike Duff | Aug 4, 2022 | Retail Articles
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...
by Mike Duff | May 9, 2022 | Retail Articles
In the first quarter, Rent-A-Center worked through a changing marketplace as the COVID-19 pandemic wanes and managed to beat Wall Street estimates even if earnings stumbled. Net loss was $4.2 million, or eight cents per diluted share, versus net earnings of $42.6...
by Mike Duff | Aug 5, 2021 | Retail Articles
Rent-A-Center cruised in the second quarter after acquiring Acima Holdings during Q1 and enjoying gains in store-based revenues in the three months following. Net income was $61.3 million, or 90 cents per diluted share, versus $38.5 million, or 70 cents per diluted...
