Rent-A-Center (RCII) Tops Q3 EPS by 4c, Revenues Beat
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Rent-A-Center, Inc. Reports Third Quarter 2018 Results
November 5, 2018 4:30 PM ESTRent-A-Center posts positive consolidated same store sales of 5.7 percent and strong earnings and cash flow from operations
PLANO, Texas--(BUSINESS WIRE)-- Rent-A-Center, Inc. (the "Company") (NASDAQ/NGS: RCII) today announced results for the quarter ended September30, 2018.
"Rent-A-Center faced a number of headwinds when I returned to the Company back in January. In order to improve performance, we executed a plan that included enhancing our value proposition, optimizing our cost structure, and improving cash flow," stated Mitch Fadel, Chief Executive Officer of Rent-A-Center.
Mr. Fadel continued, "During the third... More
