Rent-A-Center (RCII) Tops Q4 EPS by 15c, Revenues Beat; Offers FY18 EPS Mid-Point Guidance Above Consensus

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Rent-A-Center, Inc. Reports Fourth Quarter and Year End 2018 Results

February 25, 2019 4:30 PM EST

Rent-A-Center posts positive consolidated same store sales of 9.1 percent and strong earnings and cash flow in the fourth quarter

PLANO, Texas--(BUSINESS WIRE)-- Rent-A-Center, Inc. (the "Company" or "Rent-A-Center") (NASDAQ/NGS: RCII) today announced results for the quarter ended December31, 2018.

"When I returned to Rent-A-Center last January as CEO, we focused the Companys strategy on optimizing the cost structure, increasing store traffic through an enhanced value proposition and growing our franchising business. I am extremely pleased with our 2018 results as we made substantial progress in each of those areas and exceeded our financial and... More