Rent-A-Center (RCII) Tops Q4 EPS by 2c; Comps Rose 17.7%

February 1, 2016 4:51 PM EST

Rent-A-Center (NASDAQ: RCII) reported Q4 EPS of $0.54, $0.02 better than the analyst estimate of $0.52. Revenue for the quarter came in at $793.8 million versus the consensus estimate of $807.16 million.

Same Store Sales (Unaudited)

Table 1 2015 2014
Core Acceptance Core Acceptance
Period U.S. Now Mexico Total U.S. Now Mexico Total
Three months ended December 31, (2.2)% 13.7% 4.4% 1.7% (0.6)% 28.4% 17.0% 4.7%
Year ended December 31, 0.1% 25.8% 9.6% 5.7% (4.0)% 25.5% 19.7% 1.2%

Note: Same store sales are reported on a constant currency basis beginning in 2015.

2016 Outlook

  • The Company expects to deliver growth in earnings per share assuming:
    • Core U.S. revenue down 4.0% to 6.0% driven by same store sales decline of 1.0% to 3.0% and the impact of store rationalization efforts
    • Acceptance Now revenue of $850 to $900 million
  • The Company expects to deliver improved operating profit margin, EBITDA, and free cash flow in both the Core U.S. and Acceptance Now

For earnings history and earnings-related data on Rent-A-Center (RCII) click here.



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