Rent-A-Center (RCII) Misses Q3 EPS by 13c
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Rent-A-Center, Inc. Reports Third Quarter 2017 Results
October 30, 2017 5:31 PM EDTSequential Improvements Highlight Progress on Strategic Plan
PLANO, Texas--(BUSINESS WIRE)-- Rent-A-Center, Inc. (the "Company") (NASDAQ/NGS: RCII) today announced results for the quarter ended September 30, 2017.
We continue to make progress in executing on important aspects of our strategic plan, while recognizing there is still work to be done to restore growth and improve profitability, said Mark Speese, Chief Executive Officer of Rent-A-Center. During the seasonally lower third quarter, we again delivered sequential improvements in same store sales in both the Core U.S. and Acceptance Now businesses. In... More
Rent-A-Center to Explore Strategic and Financial Alternatives to Maximize Stockholder Value
October 30, 2017 5:30 PM EDTSteven L. Pepper Resigns from Board as Chairman
PLANO, Texas--(BUSINESS WIRE)-- Rent-A-Center, Inc. (NASDAQ/NGS: RCII) (Rent-A-Center or the Company), the nation's largest rent-to-own operator, today announced that its Board of Directors has initiated a process to explore strategic and financial alternatives. The Rent-A-Center Board, in consultation with its financial and legal advisors, will carefully review and consider a full range of options focused on maximizing stockholder value.
The Company issued the following statement:
Rent-A-Center remains committed to taking actions that are in the... More
