Rent-A-Center (RCII) July Comps Decline 5.7%

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Rent-A-Center, Inc. Reports July Key Operating Metrics

August 17, 2017 9:00 AM EDT

PLANO, Texas--(BUSINESS WIRE)-- Rent-A-Center, Inc. (the Company") (NASDAQ/NGS: RCII) today announced the following preliminary key operating metrics for its Core U.S. and Acceptance NOW (ANow) businesses for July 2017:

Core U.S.

Same Store Sales: (5.7%) Delinquencies: 7.5%, 40 basis points unfavorable versus prior month, 450 basis points favorable versus prior year Average Monthly Rate of New Agreements: 9.0% favorable versus prior year Co-worker Turnover: 86.3% and 19.9 percentage points favorable versus prior year

Acceptance NOW

Same Store Sales: 7.1%... More