Rent-A-Center (RCII) Misses Q1 EPS by 16c
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Rent-A-Center, Inc. Reports First Quarter 2018 Results
April 30, 2018 4:45 PM EDTRent-A-Center achieves positive same store sales across all operating segments with stronger than expected portfolio performance, free cash flow, and debt reduction
PLANO, Texas--(BUSINESS WIRE)-- Rent-A-Center, Inc. (the "Company") (NASDAQ/NGS: RCII) today announced results for the quarter ended March 31, 2018.
"During the first quarter, strong portfolio performance helped Rent-A-Center achieve positive same store sales across all operating segments. In addition, we began the execution of our Strategic Plan, both of which resulted in delivering free cash flow of approximately $85 million putting the Company on a positive trajectory going forward,"... More
